{"schema_version":"secwatch.filing_event.v1","accession":"0001084048-26-000036","form_type":"8-K","ticker":"ZD","cik":"0001084048","company_name":"ZIFF DAVIS, INC.","filed_at":"2026-06-17T20:16:29+00:00","discovered_at":"2026-06-17T20:17:00.246158+00:00","generated_at":"2026-06-17T20:19:49.214391+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ziff Davis completes sale of Connectivity division to Accenture for $1.2B cash","bullets":["Sold Connectivity division to Accenture Inc. for $1.2B cash; closed June 17, 2026.","Obtained lender consent on June 15 waiving debt-covenant restrictions for the sale.","Designated certain connectivity subsidiaries as unrestricted under 4.625% Senior Notes due 2030.","Pro forma financials for the divestiture to be filed within four business days of closing.","Lender released liens on Ookla, Root Wireless, and Ekahau, and partially released IP collateral."],"urls":{"canonical":"https://secwatch.observer/filing/0001084048-26-000036","json":"https://secwatch.observer/filing/0001084048-26-000036.json","markdown":"https://secwatch.observer/filing/0001084048-26-000036.md","text":"https://secwatch.observer/filing/0001084048-26-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084048/000108404826000036/0001084048-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084048/000108404826000036/zd-20260615.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-17T20:19:49.214391+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3961734f820c7d46afd826221f9f700d37398cfd","claim":"ZIFF DAVIS, INC. completed a disposition involving Accenture Inc. for $1.2 billion in cash (closed 2026-06-17).","evidence_excerpt":"Agreement (the “Purchase Agreement”), pursuant to which the Company agreed to sell its Connectivity division (the “Business”) to Purchaser for an aggregate purchase price of $1.2 billion in cash (the “Transaction”), subject to certain customary adjustments set forth in the Purchase Agreement. On June 15, 2026, the Company entered into a consent (the “Consent","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084048/000108404826000036/0001084048-26-000036-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Accenture Inc."},{"label":"Consideration","value":"$1.2 billion in cash"},{"label":"Closing","value":"2026-06-17"}],"fact_type":"ma_transaction"},{"claim_id":"a1b7729f9efbaa89811853d935df5eb086315701","claim":"ZIFF DAVIS, INC. entered into Consent Agreement with U.S. Bank National Association, as administrative agent and collateral agent for the Lenders, and the Lenders party thereto (effective 2026-06-15).","evidence_excerpt":"On June 15, 2026, the Company entered into a consent (the “Consent Agreement”) to its existing credit agreement, dated April 7, 2021 (as amended, restated, supplemented or otherwise modified from time to time), by and among the Company, the other loan parties party thereto, the lenders from time to time party thereto (the “Lenders”) and U.S. Bank National Association, as administrative agent and collateral agent for the Lenders.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1084048/000108404826000036/0001084048-26-000036-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"U.S. Bank National Association, as administrative agent and collateral agent for the Lenders, and the Lenders party thereto"},{"label":"Effective","value":"2026-06-15"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}