---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-050057"
form_type: "8-K"
ticker: "H"
cik: "0001468174"
company_name: "Hyatt Hotels Corp"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:03:25.514413+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Hyatt amends Playa tender offer to exclude restricted shares from 80% minimum condition

## Summary
- Amendment dated May 16, 2025 to the Purchase Agreement excludes Company Restricted Shares that cannot be tendered from the Minimum Condition calculation.
- Minimum Condition remains 80% of issued and outstanding shares, excluding restricted shares and treasury shares.
- Buyer may in its sole discretion reduce the minimum condition to 75% after three consecutive 10-business-day extensions.
- No other changes to the Purchase Agreement; the amendment is summarized in Exhibit 2.1.

## SEC filing metadata
- accession: 0001104659-25-050057
- form_type: 8-K
- ticker: H
- cik: 0001468174
- company_name: Hyatt Hotels Corp
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1468174/000110465925050057/0001104659-25-050057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1468174/000110465925050057/tm2515360d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-050057
- JSON: https://secwatch.observer/filing/0001104659-25-050057.json
- Plain text: https://secwatch.observer/filing/0001104659-25-050057.txt

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