---
schema_version: "secwatch.filing_event.v1"
accession: "0000913760-25-000063"
form_type: "8-K"
ticker: "SNEX"
cik: "0000913760"
company_name: "StoneX Group Inc."
filed_at: "2025-04-14T23:59:59+00:00"
generated_at: "2026-05-23T15:53:44.422370+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# StoneX acquires R.J. O'Brien for ~$900M; adds 75K clients, $170M EBITDA

## Summary
- Total equity value ~$900M ($625M cash + ~3.5M SNEX shares); StoneX assumes up to $143M of RJO debt.
- RJO 2024 revenue $766M, EBITDA ~$170M; StoneX expects >$50M in expense and capital synergies each.
- Adds over 75,000 client accounts and nearly $6B in client float; expands IB network by ~300.
- RJO CEO Gerry Corcoran to remain in a senior leadership role with StoneX post-close.
- Closing expected H2 2025, subject to regulatory approvals; Bank of America provided committed bridge financing.

## SEC filing metadata
- accession: 0000913760-25-000063
- form_type: 8-K
- ticker: SNEX
- cik: 0000913760
- company_name: StoneX Group Inc.
- filed_at: 2025-04-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/913760/000091376025000063/0000913760-25-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/913760/000091376025000063/intl-20250413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000913760-25-000063
- JSON: https://secwatch.observer/filing/0000913760-25-000063.json
- Plain text: https://secwatch.observer/filing/0000913760-25-000063.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.