secwatch.observer — SEC 8-K summary
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Issuer:     Redfin Corp (—)
CIK:        0001382821
Form:       8-K
Filed at:   2025-07-01T23:59:59+00:00
Accession:  0000950142-25-001793
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rocket completes acquisition of Redfin; Redfin shares delisted and converted into Rocket stock
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- On July 1, 2025, Rocket closed its acquisition of Redfin; each Redfin share converted into 0.7926 shares of Rocket common stock.
- Trading of Redfin shares suspended on Nasdaq; delisting and deregistration requested.
- Redfin's board replaced; Brian Brown and Varun Krishna appointed as directors.
- Redfin's first-lien term loan repaid and terminated upon merger consummation.
- Redfin guarantees Rocket's $4B senior notes (6.125% 2030 and 6.375% 2033) and existing Rocket Mortgage notes.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1382821/000095014225001793/0000950142-25-001793-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1382821/000095014225001793/eh250648521_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-25-001793

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