{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-028975","form_type":"8-K","ticker":"VCTR","cik":"0001570827","company_name":"Victory Capital Holdings, Inc.","filed_at":"2026-03-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:35.488644+00:00","generated_at":"2026-05-15T10:25:53.463520+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Victory Capital raises Janus Henderson bid to $56.84/share ($40 cash+0.250 stock), 37% premium","bullets":["Janus Henderson shareholders to receive $40.00 per share cash plus 0.250 Victory shares per JHG share.","Total implied value of $56.84 per share, a 37% premium to Janus Henderson's unaffected price as of Oct 24, 2025.","Improved proposal adds $1.2bn of incremental aggregate consideration and is a 16% premium to Trian's deal.","Victory Capital has $327B in AUM and committed financing with no financing out; net leverage 3.5x EBITDA ex-synergies.","Company urges Special Committee to engage, noting 95%+ client consent history and no real risk in client consent."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-028975","json":"https://secwatch.observer/filing/0001104659-26-028975.json","markdown":"https://secwatch.observer/filing/0001104659-26-028975.md","text":"https://secwatch.observer/filing/0001104659-26-028975.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1570827/000110465926028975/0001104659-26-028975-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1570827/000110465926028975/tm267299d8_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T10:25:53.463520+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"}