{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-009700","form_type":"8-K","ticker":"UPBD","cik":"0000933036","company_name":"UPBOUND GROUP, INC.","filed_at":"2025-02-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.862165+00:00","generated_at":"2026-05-27T03:12:56.075755+00:00","sec_items":["2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Upbound closes $279M cash and stock acquisition of fintech Brigit; adds 1M+ paid subscribers","bullets":["Acquisition of Brigit completed on Jan 31, 2025; total closing consideration includes ~$278.7M cash and ~2.69M shares of UPBD common stock.","Additional deferred consideration of $75M payable over two years and up to $60M in earnout based on 2026 performance.","Combined company serves ~4 million active customers, including Brigit's 1M+ paid subscribers and 1M free subscribers.","Brigit's cash-flow underwriting tech expected to enhance risk management and customer approvals across Upbound's brands.","Brigit co-founders Zuben Mathews and Hamel Kothari to continue leading Brigit as a business segment of Upbound."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-009700","json":"https://secwatch.observer/filing/0001104659-25-009700.json","markdown":"https://secwatch.observer/filing/0001104659-25-009700.md","text":"https://secwatch.observer/filing/0001104659-25-009700.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/933036/000110465925009700/0001104659-25-009700-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/933036/000110465925009700/tm254758d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T03:12:56.075755+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":"ef449d4d780f5ff13cd0c65e5e15748df32fa887","claim":"UPBOUND GROUP, INC. completed an acquisition involving Bridge IT, Inc. (Brigit) for aggregate closing cash consideration equal to approximately $278.67 million (closed 2025-01-31).","evidence_excerpt":"the Company’s common stock, par value $0.01 per share (“ Common Stock ”) (the “ Closing Stock Consideration ”), and aggregate closing cash consideration equal to approximately $278.67 million (such cash consideration, the “ Closing Cash Consideration ”, and together with the Closing Stock Consideration, the “ Closing Consideration ”). The Closing Cash Consideration is","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/933036/000110465925009700/0001104659-25-009700-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Bridge IT, Inc. (Brigit)"},{"label":"Consideration","value":"aggregate closing cash consideration equal to approximately $278.67 million"},{"label":"Closing","value":"2025-01-31"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}