secwatch.observer — SEC 8-K summary
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Issuer:     COMSCORE, INC. (SCOR)
CIK:        0001158172
Form:       8-K
Filed at:   2025-12-31T23:59:59+00:00
Accession:  0001158172-25-000104
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 3.02, 5.03, 3.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

comScore closes exchange of Series B Preferred for Series C Preferred and common; board reduced to 7 directors
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- On Dec 29, 2025, comScore completed exchange of 31.9M Series B Preferred shares for 4.2M Series C Preferred and 3.3M common shares with Charter, Liberty Broadband, and Pine.
- Four directors resigned (Banerjee, Fisher, Gillin, Patterson); Bob Davenport appointed from Pine, board now 7 members including new chair David Kline.
- Authorized shares cut from 121.75M to 60M total; preferred from 105M to 14M; common from 16.75M to 46M.
- Series C Preferred liquidation preference $14.50/share, convertible to common, mandatory conversion if VWAP exceeds Mandatory Conversion Price, change-of-control put/call at 9.5% interest.
- New Stockholders Agreement includes standstill, 49.99% neutral vote cap, right of first refusal, and termination at 5% beneficial ownership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158172/000115817225000104/0001158172-25-000104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158172/000115817225000104/scor-20251229.htm
  HTML page:      https://secwatch.observer/filing/0001158172-25-000104

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer