secwatch.observer — SEC 8-K summary
======================================

Issuer:     Zeta Global Holdings Corp. (ZETA)
CIK:        0001851003
Form:       8-K
Filed at:   2024-10-08T23:59:59+00:00
Accession:  0000950170-24-113527
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 3.02, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zeta Global to acquire LiveIntent for $250M in cash and stock, expects immediate accretion
--------------------------------------------------------------------------------

- Total consideration $250M: $77.5M cash + $172.5M Zeta stock; potential earnout up to $75M.
- Acquisition price at ~16x LiveIntent's Adjusted EBITDA; immediately accretive to Zeta's earnings.
- LiveIntent brings 235M+ unique hashed emails/month and 2,000+ premium publishers; Zeta to launch Publisher Cloud.
- Acquisition expected to close in Q4 2024, subject to customary conditions.
- Zeta reaffirms Q3 2024 guidance: revenue >=$255M, adjusted EBITDA >=$50.2M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851003/000095017024113527/0000950170-24-113527-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851003/000095017024113527/zeta-20241007.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-113527

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer