{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-001759","form_type":"8-K","ticker":"STGW","cik":"0000876883","company_name":"Stagwell Inc","filed_at":"2022-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:04:10.121474+00:00","generated_at":"2026-06-27T20:25:02.002282+00:00","sec_items":["3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Stagwell completes $160M acquisition of remaining 49% of Instrument LLC, ends uncapped earn-out","bullets":["Purchase price of $160M: $86.1M cash + $73.9M in Class A common stock, payable in 3 installments.","First installment of $75M ($37.5M cash + $37.5M stock) paid Dec 31, 2021; second/third $42.5M each due Apr 2023/Apr 2024.","Instrument has 400+ employees, clients include Nike, Google, Salesforce, Epic Games; >30% annual growth last two years.","Deal replaces uncapped earn-out; all prior uncapped earn-out structures have now been restructured.","Expected to improve leverage, investment returns, and provide greater investor certainty."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-001759","json":"https://secwatch.observer/filing/0001104659-22-001759.json","markdown":"https://secwatch.observer/filing/0001104659-22-001759.md","text":"https://secwatch.observer/filing/0001104659-22-001759.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876883/000110465922001759/0001104659-22-001759-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876883/000110465922001759/tm221934d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T20:25:02.002282+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"}