secwatch.observer — SEC 8-K summary
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Issuer:     ROKU, INC (ROKU)
CIK:        0001428439
Form:       8-K
Filed at:   2026-06-15T11:47:46+00:00
Accession:  0001140361-26-025115
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox to acquire Roku for $96 cash + 0.9693 Fox shares per share; Roku shareholders to own ~27% of combined company
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- Each Roku share converts to 0.9693 Fox Class A shares and $96 cash; Roku stockholders will own ~27% of combined entity.
- Anthony Wood and affiliates, holding ~55% of Roku voting power, have agreed to vote in favor of the deal.
- Termination fees: Fox pays Roku $1.237B if deal fails due to antitrust issues; Roku pays Fox $866M if it accepts a superior proposal.
- Transaction expected to close by June 14, 2027, subject to regulatory approvals and stockholder votes.
- Roku's board unanimously approved the merger; Roku common stock will be delisted from Nasdaq upon closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1428439/000114036126025115/0001140361-26-025115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1428439/000114036126025115/ef20076172_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-26-025115

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