<SEC-DOCUMENT>0001193125-25-240331.txt : 20251015
<SEC-HEADER>0001193125-25-240331.hdr.sgml : 20251015
<ACCEPTANCE-DATETIME>20251015163349
ACCESSION NUMBER:		0001193125-25-240331
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20251015
FILED AS OF DATE:		20251015
DATE AS OF CHANGE:		20251015

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Praeger Michael
		CENTRAL INDEX KEY:			0001886695
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-40898
		FILM NUMBER:		251395223

	MAIL ADDRESS:	
		STREET 1:		1210 AVIDXCHANGE LANE
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28206

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AvidXchange Holdings, Inc.
		CENTRAL INDEX KEY:			0001858257
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-PREPACKAGED SOFTWARE [7372]
		ORGANIZATION NAME:           	06 Technology
		EIN:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1210 AVIDXCHANGE LANE
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28206
		BUSINESS PHONE:		8005609305

	MAIL ADDRESS:	
		STREET 1:		1210 AVIDXCHANGE LANE
		CITY:			CHARLOTTE
		STATE:			NC
		ZIP:			28206
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
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<DESCRIPTION>4
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    <periodOfReport>2025-10-15</periodOfReport>

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        <issuerCik>0001858257</issuerCik>
        <issuerName>AvidXchange Holdings, Inc.</issuerName>
        <issuerTradingSymbol>AVDX</issuerTradingSymbol>
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            <rptOwnerCik>0001886695</rptOwnerCik>
            <rptOwnerName>Praeger Michael</rptOwnerName>
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            <rptOwnerStreet1>C/O AVIDXCHANGE HOLDINGS, INC.</rptOwnerStreet1>
            <rptOwnerStreet2>1210 AVIDXCHANGE LANE</rptOwnerStreet2>
            <rptOwnerCity>CHARLOTTE</rptOwnerCity>
            <rptOwnerState>NC</rptOwnerState>
            <rptOwnerZipCode>28206</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>true</isDirector>
            <isOfficer>true</isOfficer>
            <isTenPercentOwner>false</isTenPercentOwner>
            <isOther>false</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
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                    <value>By Green and Gold 2014 GRAT</value>
                </natureOfOwnership>
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                </natureOfOwnership>
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        <nonDerivativeTransaction>
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                <value>Common Stock</value>
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            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By MP Charitable Trust</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
            </securityTitle>
            <transactionDate>
                <value>2025-10-15</value>
            </transactionDate>
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                <directOrIndirectOwnership>
                    <value>I</value>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>By Michael Praeger and Cindy Praeger, Joint,  Tenants with Right of Survivorship</value>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Restricted Stock Units</value>
            </securityTitle>
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                </transactionShares>
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                <footnoteId id="F3"/>
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            <underlyingSecurity>
                <underlyingSecurityTitle>
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                <value>Employee Stock Option (right to buy)</value>
            </securityTitle>
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    <footnotes>
        <footnote id="F1">Pursuant to rollover agreements entered into by certain officers of the Issuer, including the Reporting Person, Arrow Holdings 2025, Inc. (&quot;Holdings&quot;), and Arrow Parent 2025, L.P.  (&quot;Topco&quot;), the Reporting Person contributed, transferred and assigned to Holdings certain shares of Common Stock in exchange for newly issued shares of Holdings (&quot;Holdings Shares&quot;), and immediately thereafter contributed such Holdings Shares to Topco in exchange for newly issued units of Topco, in accordance with the terms of the rollover agreements.</footnote>
        <footnote id="F2">In connection with the terms of an Agreement and Plan of Merger, dated May 6, 2025 (as it may be amended from time to time, the &quot;Merger Agreement&quot;), by and among the Issuer, Arrow Borrower 2025, Inc. (&quot;Parent&quot;), and Arrow Merger Sub 2025, Inc., a wholly owned subsidiary of Parent (&quot;Merger Sub&quot;), Merger Sub merged with and into the Issuer (the &quot;Merger&quot;), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent (the &quot;Effective Time&quot;). At the Effective Time, each outstanding share of Common Stock was automatically converted into the right to receive $10.00 in cash, without interest (the &quot;Merger Consideration&quot;).</footnote>
        <footnote id="F3">At the Effective Time, each outstanding restricted stock unit that does not vest upon the occurrence of the Effective Time was automatically substituted and immediately converted into a cash award equal to the product of (i) the aggregate number of shares of Common Stock underlying such unvested restricted stock unit immediately prior to the Effective Time multiplied by (ii) the Merger Consideration, subject to the terms and conditions of the corresponding award.</footnote>
        <footnote id="F4">Pursuant to the terms of the Merger Agreement, each stock option that was outstanding, unexercised and vested immediately prior to the Effective Time was automatically canceled and terminated and converted into the right to receive a payment in cash equal to the product obtained by multiplying (a) the aggregate number of shares of Common Stock subject to such vested stock option immediately prior to the Effective Time and (b) the excess, if any, of the Merger Consideration over the exercise price per share of such vested stock option.</footnote>
        <footnote id="F5">Each outstanding and unvested stock option immediately prior to the Effective Time with a per share exercise price less than the Merger Consideration was substituted and immediately converted into a cash award equal to (x) the aggregate number of shares of Common Stock subject to such unvested stock option immediately prior to the Effective Time multiplied by (y) the excess, if any, of the Merger Consideration over the exercise price per share of such unvested stock option, subject to the same terms and conditions applicable prior to the Effective Time.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ryan Stahl, Attorney-in-Fact for Michael Praeger</signatureName>
        <signatureDate>2025-10-15</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</DOCUMENT>
</SEC-DOCUMENT>
