---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-211072"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2021-07-09T23:59:59+00:00"
generated_at: "2026-06-30T06:24:13.941169+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cannae Holdings closes $250M PIPE investment and acquires additional shares, holds 10.1% of Alight Class A stock

## Summary
- Cannae purchased 25M shares of Alight Class A common stock at $10/share ($250M) in PIPE investment.
- Cannae also acquired 15M Forward Purchase Shares and 5M warrants for $150M, plus 5.2M shares for $52.4M.
- Upon closing, Cannae holds ~10.1% of Alight Class A common stock and ~8.6% of total voting power.
- Cannae received a 2% fee on the PIPE investment from Alight.

## SEC filing metadata
- accession: 0001193125-21-211072
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2021-07-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000119312521211072/0001193125-21-211072-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000119312521211072/d200508d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-211072
- JSON: https://secwatch.observer/filing/0001193125-21-211072.json
- Plain text: https://secwatch.observer/filing/0001193125-21-211072.txt

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