Item 7.01 Regulation FD Disclosure On November 5, 2026, Dropbox, Inc. (“Dropbox” or the “Company”) issued a press release announcing an agreement to acquire Tigris Data Inc., a globally distributed object storage platform built for AI workloads (“Tigris”), and the launch of DBX Agent Cloud, a new storage and data infrastructure offering that will initially provide standalone object storage.…
Filed Nov 5, 2026Accepted Nov 5, 2026, 9:05 AM ESTCIK 1467623Accession 0001467623-26-000056
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Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
On November 5, 2026, Dropbox, Inc. (“Dropbox” or the “Company”) issued a press release announcing an agreement to acquire Tigris Data Inc., a globally distributed object storage platform built for AI workloads (“Tigris”), and the launch of DBX Agent Cloud, a new storage and data infrastructure offering that will initially provide standalone object storage. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference solely for purposes of this Item 7.01.
The information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 8.01Item 8.01 - Other Events
Item 8.01 Other Events
On November 3, 2026, Dropbox entered into a definitive agreement to acquire all of the outstanding equity of Tigris (the “Transaction”) for cash consideration of approximately $350 million, subject to customary purchase price adjustments. The closing of the Transaction is expected to occur in the fourth quarter of 2026 and is subject to the satisfaction or waiver of certain customary closing conditions.
Forward-Looking Statements
This Current Report on Form 8-K and Exhibit 99.1 contain forward-looking statements within the meaning of United States federal securities laws, including, among other things, our expectations regarding future events, our business, market opportunities, and the Transaction, including the timing and contingencies thereof. Words such as “believe,” “may,” “will,” “estimate,” “continue,” “anticipate,” “intend,” “expect,” “plans,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to risks, uncertainties, and assumptions, including, among other things, costs, expenses or difficulties related to the acquisition of Tigris, including the integration of the Tigris business; failure to realize the expected benefits and synergies of the Transaction in the expected timeframes or at all; the potential impact of the announcement, pendency or consummation of the Transaction on relationships with our and/or Tigris’s employees, customers, suppliers and other business partners; an inability to retain key personnel; and the risk that the Transaction may not close within the expected timeframe or at all. Further information on risks that cause actual results to vary from expectations is included in our filings with the SEC, including our Form 10-K for the year ended December 31, 2025 and other reports that we may file with the SEC from time to time. If the risks materialize or assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. Dropbox assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by applicable law. Additionally, any financial measures presented herein are preliminary, subject to final review, and are subject to risks and uncertainties.