---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-014313"
form_type: "8-K"
ticker: "GEN"
cik: "0000849399"
company_name: "Gen Digital Inc."
filed_at: "2025-04-17T23:59:59+00:00"
generated_at: "2026-05-23T12:44:40.278936+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gen Digital closes $82/sh MoneyLion acquisition with CVRs and $750M debt

## Summary
- Per share: $82.00 cash plus CVR; CVR pays up to $23.00 in GEN stock if 30-day avg VWAP >= $37.50.
- Funded $750M incremental Term B Loans due 2032 at SOFR+1.75%; quarterly amortization 0.25%.
- MoneyLion equity awards converted to GEN RSUs or cashed out; accelerated vesting for four executives.
- Merger closed April 17, 2025; MoneyLion now wholly owned subsidiary of Gen Digital.

## SEC filing metadata
- accession: 0001140361-25-014313
- form_type: 8-K
- ticker: GEN
- cik: 0000849399
- company_name: Gen Digital Inc.
- filed_at: 2025-04-17T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/849399/000114036125014313/0001140361-25-014313-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/849399/000114036125014313/ef20047501_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-014313
- JSON: https://secwatch.observer/filing/0001140361-25-014313.json
- Plain text: https://secwatch.observer/filing/0001140361-25-014313.txt

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