---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-010927"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:43:16.664306+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Stagwell acquires digital advertising company; issues 863,624 shares for $5.625M with earn-outs up to $12.375M

## Summary
- Acquired substantially all assets of a digital advertising company; issued 863,624 shares of Class A common stock for $5.625M at closing.
- Contingent earn-out payments up to $5.375M and $7.0M in stock based on performance over two-year periods starting Jan 2026 and Jan 2028.
- Stock issuance exempt from registration under Section 4(a)(2); no cash proceeds or commissions paid.
- Company may elect to pay earn-outs in stock up to specified caps.

## SEC filing metadata
- accession: 0001104659-26-010927
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000110465926010927/0001104659-26-010927-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000110465926010927/tm265372d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-010927
- JSON: https://secwatch.observer/filing/0001104659-26-010927.json
- Plain text: https://secwatch.observer/filing/0001104659-26-010927.txt

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