{"schema_version":"secwatch.filing_event.v1","accession":"0001084048-26-000041","form_type":"8-K/A","ticker":"ZD","cik":"0001084048","company_name":"ZIFF DAVIS, INC.","filed_at":"2026-06-22T20:50:11+00:00","discovered_at":"2026-06-22T20:51:00.327263+00:00","generated_at":"2026-06-22T20:51:18.792185+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Ziff Davis completes $1.2B sale of Connectivity division to Accenture; pro forma financials show net losses","bullets":["Sold Connectivity division to Accenture Inc. for $1.2 billion cash, closed June 17, 2026.","Estimated net cash proceeds of $1.157B after purchase price adjustments, costs, and $37M escrow.","Pro forma cash and equivalents $1.677B as of March 31, 2026 vs $519.7M historical.","Pro forma continuing ops net loss: $(0.78)M for Q1 2026; $(9.8)M for FY2025; $(1.8)M for FY2024.","Connectivity assets/liabilities classified as held for sale; results shown as discontinued operations."],"urls":{"canonical":"https://secwatch.observer/filing/0001084048-26-000041","json":"https://secwatch.observer/filing/0001084048-26-000041.json","markdown":"https://secwatch.observer/filing/0001084048-26-000041.md","text":"https://secwatch.observer/filing/0001084048-26-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1084048/000108404826000041/0001084048-26-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1084048/000108404826000041/zd-20260617.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T20:51:18.792185+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}