Olo INC

Market Movers (8-K)

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Olo Inc. has finalized its acquisition by Olo Parent, Inc., an affiliate of Thoma Bravo, for approximately $1.75 billion, converting all outstanding shares into cash.
Capital raise
Olo Inc. stockholders have voted to adopt the Agreement and Plan of Merger, leading to the company becoming a wholly-owned subsidiary of Olo Parent, Inc.
Olo Inc. has filed an 8-K to disclose multiple shareholder lawsuits challenging its proposed merger with Project Hospitality Parent, an affiliate of Thoma Bravo, and to provide supplemental disclosures to its proxy statement.
Delay expected
Olo Inc. announced early termination of the HSR waiting period for its merger with Project Hospitality Parent, LLC, with a shareholder vote scheduled for September 9, 2025.
Better than expected
Olo Inc. announced strong Q2 2025 financial results and a definitive agreement to be acquired by Thoma Bravo for $10.25 per share in an all-cash transaction.
Better than expected
Olo Inc., a leading open SaaS platform for restaurants, has entered into a definitive agreement to be acquired by software investment firm Thoma Bravo in an all-cash transaction valued at approximately $2.0 billion in equity, providing shareholders with $10.25 per share.
Better than expected
Capital raise

Quarterly Earnings (10-Q)

Olo Inc. announced a definitive agreement to be acquired by Thoma Bravo for $2 billion, while reporting increased revenue but a decline in net income for the second quarter of 2025.
Worse than expected
Delay expected
Olo Inc. announces a 21.3% increase in total revenue for Q1 2025, driven by growth in its platform and professional services.
Better than expected
Olo Inc. saw a 24.3% increase in total revenue year-over-year in the third quarter of 2024, driven by platform growth and Olo Pay adoption.
Better than expected
Olo Inc. saw a 27.6% increase in total revenue year-over-year in Q2 2024, driven by platform growth and Olo Pay adoption.
Better than expected
Olo Inc. saw a 27.3% increase in total revenue in Q1 2024 compared to Q1 2023, driven by platform growth and Olo Pay adoption, while also completing its previously authorized stock buyback program.
Better than expected

Annual Reports (10-K)

Olo Inc.'s 2024 10-K filing reveals a company focused on expanding its platform and achieving profitability amidst economic challenges.
Olo Inc.'s 2023 annual report showcases significant growth in gross merchandise volume and gross payment volume, alongside strategic investments in technology and personnel.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

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Olo Inc. Chief Legal Officer Robert Morvillo's equity holdings converted to cash following the company's merger with Olo Parent, Inc. at $10.25 per share.
Olo Inc. Director Daniel Harris Meyer disposed of all his Class A Common Stock holdings following the company's merger into Olo Parent, Inc. at $10.25 per share.
Olo Inc. director David Cancel disposed of 102,638 shares of Class A Common Stock as part of a merger agreement, receiving $10.25 cash per share.
Olo Inc.'s Chief People Officer, Sherri Manning, reported the disposition of all beneficially owned Class A Common Stock and the conversion of equity awards into cash following the company's merger.
Olo Inc. director Zuhairah Scott disposed of all common stock and in-the-money stock options following the company's merger into a wholly-owned subsidiary of Olo Parent, Inc. for $10.25 per share.
Olo Inc. Director Linda Rottenberg disposed of all her beneficial ownership in the company, including common stock and stock options, as part of a merger where shareholders received $10.25 per share in cash.

Proxy Statements (Def-14A)

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Olo Inc. has filed supplemental disclosures to its definitive proxy statement in response to shareholder lawsuits challenging its proposed merger with Project Hospitality Parent, an affiliate of Thoma Bravo.
Delay expected
Worse than expected
Olo Inc. announced early termination of the HSR waiting period for its merger with Project Hospitality Parent, LLC, with a stockholder vote scheduled for September 9, 2025.
Better than expected
Olo Inc. stockholders are set to vote on a $10.25 per share all-cash acquisition by private equity firm Thoma Bravo, valuing the company at approximately $2.0 billion.
Better than expected
Capital raise
Olo Inc. has entered into a definitive agreement to be acquired by software-focused private equity firm Thoma Bravo in an all-cash transaction valued at approximately $2 billion, with shareholders receiving $10.25 per share.
Better than expected
Olo Inc. announced a definitive agreement to be acquired by leading software investment firm Thoma Bravo, with the transaction expected to close by the end of 2025.
Olo Inc. has announced a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, aiming to bolster its strategy and enhance its enterprise restaurant offerings.
Better than expected

Schedule 13G - Passive Investments

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Glazer Capital, LLC and Paul J. Glazer report zero beneficial ownership in Olo Inc.'s Class A Common Stock, indicating a full divestment.
Glazer Capital and Paul J. Glazer have reported a beneficial ownership of 6.38% in Olo Inc.'s Class A Common Stock.
FMR LLC and Abigail P. Johnson report beneficial ownership of 5.0% of Olo Inc.'s Class A common stock as of July 31, 2025.
FMR LLC and its affiliate Abigail P. Johnson have filed an amended Schedule 13G, revealing a 12.1% beneficial ownership stake in OLO INC's Class A Common Stock as of May 30, 2025.
Brown Capital Management, LLC has filed an Amendment No. 8 to its Schedule 13G, disclosing a beneficial ownership of 5.95% in OLO Inc.'s common stock as of March 31, 2025.
Brown Capital Management, LLC has filed an amended Schedule 13G, reporting a beneficial ownership of 7.18% of OLO Inc.'s common stock as of December 31, 2024.