---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-049761"
form_type: "8-K"
ticker: null
cik: "0001819394"
company_name: "Matterport, Inc./DE"
filed_at: "2024-04-22T23:59:59+00:00"
generated_at: "2026-06-03T14:17:34.521001+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# CoStar Group to acquire Matterport for $5.50 per share ($2.75 cash + $2.75 stock), ~$2.1B equity value

## Summary
- Total consideration of $5.50 per Matterport share: $2.75 cash plus $2.75 in CoStar Group common stock.
- Equity value of approximately $2.1 billion; enterprise value of approximately $1.6 billion.
- Voting agreement with stockholders representing ~15% of voting power to approve the merger.
- Termination fee of $50M from Matterport if it changes recommendation; $85M from CoStar if antitrust failure.
- Matterport's Board of Directors unanimously approved the merger; expected close in 2024.

## SEC filing metadata
- accession: 0001104659-24-049761
- form_type: 8-K
- cik: 0001819394
- company_name: Matterport, Inc./DE
- filed_at: 2024-04-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1819394/000110465924049761/0001104659-24-049761-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1819394/000110465924049761/tm2411308d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-049761
- JSON: https://secwatch.observer/filing/0001104659-24-049761.json
- Plain text: https://secwatch.observer/filing/0001104659-24-049761.txt

## Key facts
- Material Agreements
  Matterport, Inc./DE entered into Agreement and Plan of Merger and Reorganization with CoStar Group, Inc. (effective 2024-04-21).
  - Action: entry
  - Agreement: merger
  - Counterparty: CoStar Group, Inc.
  - Effective: 2024-04-21
  source text: On April 21, 2024, Matterport, Inc., a Delaware corporation (the “Company” or “Matterport”), entered into an Agreement and Plan of Merger and Reorganization (the “Merger Agreement”) with CoStar Group, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1819394/000110465924049761/0001104659-24-049761-index.htm

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