---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-087283"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T11:28:16.274043+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Stagwell to acquire government consulting firm for up to $17.5M in stock, plus earnout

## Summary
- Agreement to purchase all equity of a government consulting, public policy and communications company; closing subject to regulatory approval.
- At closing, Stagwell issues up to $17.5 million in Class A common stock to the sellers.
- Contingent earnout payments up to $45 million in stock based on financial performance over two 2-year periods.
- Stock issuance is exempt from registration under Section 4(a)(2); Stagwell receives no cash proceeds.

## SEC filing metadata
- accession: 0001104659-24-087283
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000110465924087283/0001104659-24-087283-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000110465924087283/tm2421152d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-087283
- JSON: https://secwatch.observer/filing/0001104659-24-087283.json
- Plain text: https://secwatch.observer/filing/0001104659-24-087283.txt

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