---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-033759"
form_type: "8-K"
ticker: "SSTK"
cik: "0001549346"
company_name: "Shutterstock, Inc."
filed_at: "2024-07-22T23:59:59+00:00"
generated_at: "2026-05-31T18:30:58.214689+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shutterstock closes $250M acquisition of Envato, doubling subscriber base to 1.15M

## Summary
- Aggregate consideration ~$250M after working capital adjustments; closed July 22, 2024.
- Acquisition adds 650k subscribers, raising total to 1.15M subscribers.
- Envato's content library adds 10M images, 6M videos, 1M audio clips, 0.5M templates, 0.2M graphics and fonts.
- New credit agreement provides $125M term loan and $250M revolver; $280M drawn on closing.
- Deal expands Shutterstock's reach into freelancers, small businesses, and new content types (code, web themes, fonts).

## SEC filing metadata
- accession: 0001140361-24-033759
- form_type: 8-K
- ticker: SSTK
- cik: 0001549346
- company_name: Shutterstock, Inc.
- filed_at: 2024-07-22T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1549346/000114036124033759/0001140361-24-033759-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1549346/000114036124033759/ef20032751_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-033759
- JSON: https://secwatch.observer/filing/0001140361-24-033759.json
- Plain text: https://secwatch.observer/filing/0001140361-24-033759.txt

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