{"schema_version":"secwatch.filing_event.v1","accession":"0001140361-24-021927","form_type":"8-K","ticker":null,"cik":"0001017480","company_name":"HIBBETT INC","filed_at":"2024-04-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.896721+00:00","generated_at":"2026-06-03T07:15:18.575543+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Hibbett to be acquired by JD Sports affiliate for $87.50/share in all-cash deal","bullets":["Transaction consideration of $87.50 per share in cash to Hibbett stockholders.","Hibbett Board unanimously approved and recommends adoption by stockholders.","Merger expected to close by January 23, 2025, subject to regulatory and stockholder approvals.","Termination fees: $35.2M payable by Hibbett for superior proposal, $53.5M payable by Parent for antitrust failure.","Hibbett to suspend dividends and share repurchases pending closing."],"urls":{"canonical":"https://secwatch.observer/filing/0001140361-24-021927","json":"https://secwatch.observer/filing/0001140361-24-021927.json","markdown":"https://secwatch.observer/filing/0001140361-24-021927.md","text":"https://secwatch.observer/filing/0001140361-24-021927.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1017480/000114036124021927/0001140361-24-021927-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1017480/000114036124021927/ef20027562_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T07:15:18.575543+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":[{"claim_id":"d2900972ba3ef202759dc374543000fe7a4bb586","claim":"HIBBETT INC entered into Agreement and Plan of Merger with Genesis Holdings, Inc., Steps Merger Sub, Inc., and JD Sports Fashion plc valued at $87.50 in cash (effective 2024-04-23).","evidence_excerpt":"On April 23, 2024, Hibbett, Inc., a Delaware corporation (the “ Company ” or “ Hibbett ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) by and among the Company, Genesis Holdings, Inc., an Indiana corporation (“ Parent ”), Steps Merger Sub, Inc., a Delaware corporation and a direct, wholly owned subsidiary of Parent (“ Merger Sub ”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1017480/000114036124021927/0001140361-24-021927-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Genesis Holdings, Inc., Steps Merger Sub, Inc., and JD Sports Fashion plc"},{"label":"Value","value":"$87.50 in cash"},{"label":"Effective","value":"2024-04-23"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}