Recent Updates — ADSK
Autodesk, Inc. established an unsecured commercial paper program on July 13, 2026, with a maximum aggregate face amount of $2.0 billion in outstanding unsecured commercial paper notes. The company intends to use the proceeds to partially finance the MaintainX Inc. merger previously announced on May 28, 2026. Autodesk, Inc. provides software solutions for architects, engineers, and designers.
At its 2026 Annual Meeting of Stockholders held on June 17, 2026, Autodesk, Inc. approved an amendment to its Certificate of Incorporation to provide for officer exculpation under Delaware law. The meeting also resulted in the election of eleven directors, including Andrew Anagnost and Stacy J. Smith, and the ratification of Ernst & Young LLP as the independent auditor for the fiscal year ending January 31, 2027. A non-binding advisory vote on executive compensation was approved, while a stockholder proposal regarding special meeting rights was rejected. Autodesk, Inc. is a software company that provides design and engineering solutions.
Autodesk, Inc. entered into an amendment to its existing revolving credit agreement and a new $1.0 billion unsecured 364-day delayed draw term loan facility on June 15, 2026. The amendment increases the revolving credit facility's aggregate principal amount from $1.5 billion to $2 billion and eases borrowing conditions for up to $1.0 billion to fund the company's acquisition of MaintainX Inc. The new term loan is specifically designated to fund the MaintainX acquisition and will mature 364 days after the transaction closes. Autodesk provides software solutions for architecture, engineering, construction, manufacturing, media, and entertainment industries.
Autodesk, Inc. has entered into a definitive merger agreement to acquire MaintainX Inc. for an aggregate consideration of approximately $3.575 billion. As part of the transaction, Autodesk will grant restricted stock units with an aggregate value of $150 million to MaintainX's continuing employees.
Autodesk, Inc. issued a press release on May 28, 2026, reporting its financial results for the first fiscal quarter ended April 30, 2026. The company also posted supplemental investor materials on its website to comply with Regulation FD disclosure requirements.
Autodesk announced that Director Stephen Milligan will not stand for re-election at the company's 2026 Annual Meeting, with Omar Abbosh nominated to the Board as his successor. This transition represents a routine change in board composition and governance.