---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-26-013874"
form_type: "8-K"
ticker: "BWIN"
cik: "0001781755"
company_name: "Baldwin Insurance Group, Inc."
filed_at: "2026-09-14T13:19:14+00:00"
generated_at: "2026-09-14T13:20:10.968068+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# Baldwin Insurance to be acquired for $32.50/share in cash by Sequence AI Holdings (DFO-backed)

## Summary
- Cash consideration of $32.50 per Class A share; Class B shares canceled without payment.
- Buyer: Square Acquisition Parent (owned by Sequence AI Holdings); equity financing from DFO (Michael Dell's family office).
- No financing condition; debt commitment from lenders also secured.
- Termination fees: $170.3M company fee, $276.2M parent fee.
- Expected to close by June 14, 2027 (extendable to Sept 14, 2027); subject to shareholder vote and HSR/regulatory approvals.

## SEC filing metadata
- accession: 0000950103-26-013874
- form_type: 8-K
- ticker: BWIN
- cik: 0001781755
- company_name: Baldwin Insurance Group, Inc.
- filed_at: 2026-09-14T13:19:14+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1781755/000095010326013874/0000950103-26-013874-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1781755/000095010326013874/dp253297_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-26-013874
- JSON: https://secwatch.observer/filing/0000950103-26-013874.json
- Plain text: https://secwatch.observer/filing/0000950103-26-013874.txt

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