secwatch.observer — SEC 8-K summary
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Issuer:     KKR & Co. Inc. (KKR)
CIK:        0001404912
Form:       8-K
Filed at:   2021-10-12T23:59:59+00:00
Accession:  0001140361-21-034251
Event type: leadership
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 1.02, 3.02, 5.02, 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KKR appoints Bae & Nuttall as Co-CEOs; Kravis & Roberts become Executive Co-Chairmen
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- Leadership transition effective Oct. 8, 2021: Joseph Bae and Scott Nuttall named Co-CEOs; Henry Kravis and George Roberts serve as Executive Co-Chairmen.
- Reorganization Agreement entered Oct. 8, 2021: KKR combines with KKR Holdings LP; unitholders receive KKR common stock plus 8.5M additional shares; closing expected in 2022.
- By Dec. 31, 2026, controlling Series I Preferred Stock eliminated; all voting power vests in common stock on one-vote-per-share basis.
- Estimated dilution: 8.5M Reorganization Shares would reduce after-tax distributable EPS by ~1% (H1 2021) and book value per share by ~4% (June 30, 2021).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1404912/000114036121034251/0001140361-21-034251-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1404912/000114036121034251/brhc10029724_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-034251

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