---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-048857"
form_type: "8-K"
ticker: "GEN"
cik: "0000849399"
company_name: "Gen Digital Inc."
filed_at: "2024-12-10T23:59:59+00:00"
generated_at: "2026-05-29T05:24:06.250508+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gen Digital to acquire MoneyLion for $82/share (~$1B cash) plus CVR, expected close H1 FY2026

## Summary
- Cash consideration of $82.00 per share, representing total cash value of approximately $1 billion.
- Each MoneyLion share also gets one CVR entitling holder to $23 in Gen stock if Gen's VWAP reaches $37.50 over 30 consecutive days.
- Acquisition expected to close in first half of Gen's fiscal year 2026; no impact to FY2025 guidance provided Oct 30, 2024.
- Deal is accretive to Non-GAAP EPS; Gen reaffirms commitment to net leverage below 3x EBITDA by FY27.
- MoneyLion has ~18 million customers; boards of both companies unanimously approved the transaction.

## SEC filing metadata
- accession: 0001140361-24-048857
- form_type: 8-K
- ticker: GEN
- cik: 0000849399
- company_name: Gen Digital Inc.
- filed_at: 2024-12-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849399/000114036124048857/0001140361-24-048857-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849399/000114036124048857/ny20039778x1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-048857
- JSON: https://secwatch.observer/filing/0001140361-24-048857.json
- Plain text: https://secwatch.observer/filing/0001140361-24-048857.txt

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