{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-045113","form_type":"8-K","ticker":"STGW","cik":"0000876883","company_name":"Stagwell Inc","filed_at":"2025-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.552014+00:00","generated_at":"2026-05-22T15:48:10.067461+00:00","sec_items":["3.02"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Stagwell acquires experiential marketing co for stock, plus earnouts up to $29.7M","bullets":["Issued 2,017,857 Class A shares as part of $11.3M initial consideration at closing on May 1, 2025.","Earnout: up to $11.25M in stock for first two-year period, up to $18.45M for second two-year period.","Target is an experiential marketing company; no cash proceeds to Stagwell from share issuance.","Shares issued in reliance on Section 4(a)(2) exemption from registration."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-045113","json":"https://secwatch.observer/filing/0001104659-25-045113.json","markdown":"https://secwatch.observer/filing/0001104659-25-045113.md","text":"https://secwatch.observer/filing/0001104659-25-045113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/876883/000110465925045113/0001104659-25-045113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/876883/000110465925045113/tm2514178d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T15:48:10.067461+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"}