---
schema_version: "secwatch.filing_event.v1"
accession: "0001133311-22-000008"
form_type: "8-K"
ticker: "TZOO"
cik: "0001133311"
company_name: "TRAVELZOO"
filed_at: "2022-03-23T23:59:59+00:00"
generated_at: "2026-06-26T19:19:15.172504+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Travelzoo acquires database of 2.8M US members from largest shareholder's subsidiary for $1.75M

## Summary
- Purchase price $1.75M: $600K cash at closing, $1.15M credit for waived prepaid license fees.
- Database contains at least 2,838,091 unique US member records acquired from Secret Escapes.
- License agreement terminated; remaining $825K payment obligation eliminated; company expects lower operating expenses.
- Transaction approved by Audit Committee of independent directors due to related-party nature (Azzurro Capital is largest shareholder).
- Seller is Metaverse Travel Experiences (wholly-owned by Azzurro Capital).

## SEC filing metadata
- accession: 0001133311-22-000008
- form_type: 8-K
- ticker: TZOO
- cik: 0001133311
- company_name: TRAVELZOO
- filed_at: 2022-03-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133311/000113331122000008/0001133311-22-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133311/000113331122000008/tzoo-20220317.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001133311-22-000008
- JSON: https://secwatch.observer/filing/0001133311-22-000008.json
- Plain text: https://secwatch.observer/filing/0001133311-22-000008.txt

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