---
schema_version: "secwatch.filing_event.v1"
accession: "0001065088-24-000100"
form_type: "8-K/A"
ticker: "EBAY"
cik: "0001065088"
company_name: "EBAY INC"
filed_at: "2024-06-04T23:59:59+00:00"
generated_at: "2026-06-01T06:26:56.282941+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# eBay completes Adevinta sale; pro forma shows $2.4B cash, $1.858B TopCo stake

## Summary
- Sold 227M Adevinta shares for ~$2.4B cash and 177M shares for TopCo stock valued at $1.858B.
- Cash & equivalents rise to $4.56B from $2.13B; equity investment in Adevinta ($4.24B) removed.
- Pro forma Q1 2024 net income $624M vs. reported $439M; EPS $1.21 vs. $0.85.
- Pro forma FY 2023 net income $1.369B vs. reported $2.775B; eliminates $1.782B Adevinta gain.
- Granted six-month option to sell TopCo shares; exercise would reduce ownership to ~8.3%.

## SEC filing metadata
- accession: 0001065088-24-000100
- form_type: 8-K/A
- ticker: EBAY
- cik: 0001065088
- company_name: EBAY INC
- filed_at: 2024-06-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1065088/000106508824000100/0001065088-24-000100-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1065088/000106508824000100/ebay-20240529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001065088-24-000100
- JSON: https://secwatch.observer/filing/0001065088-24-000100.json
- Plain text: https://secwatch.observer/filing/0001065088-24-000100.txt

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