---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-048955"
form_type: "8-K"
ticker: "GEN"
cik: "0000849399"
company_name: "Gen Digital Inc."
filed_at: "2024-12-11T23:59:59+00:00"
generated_at: "2026-05-29T04:57:16.123273+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Gen Digital to acquire MoneyLion for $82.00 per share plus CVR

## Summary
- Cash consideration of $82.00/share plus one CVR per share; CVR pays $23.00 in stock if 30-day avg VWAP >= $37.50 within 2 years.
- 45-day go-shop period allows MoneyLion to solicit superior proposals; after that, standard no-shop with fiduciary out.
- Stockholders representing ~23% of MoneyLion voting power entered voting agreement to support the merger.
- Closing conditions include HSR clearance, MoneyLion stockholder approval, and effectiveness of the CVR registration statement.
- Termination fee of ~$41M (reduced to ~$20.5M if terminated during go-shop for superior proposal) payable by MoneyLion in specified scenarios.

## SEC filing metadata
- accession: 0001140361-24-048955
- form_type: 8-K
- ticker: GEN
- cik: 0000849399
- company_name: Gen Digital Inc.
- filed_at: 2024-12-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849399/000114036124048955/0001140361-24-048955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849399/000114036124048955/ny20039778x3_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-048955
- JSON: https://secwatch.observer/filing/0001140361-24-048955.json
- Plain text: https://secwatch.observer/filing/0001140361-24-048955.txt

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