secwatch.observer — SEC 8-K summary
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Issuer:     Alight, Inc. / Delaware (ALIT)
CIK:        0001809104
Form:       8-K
Filed at:   2021-07-12T23:59:59+00:00
Accession:  0001193125-21-212035
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 5.02, 3.02, 9.01, 4.01, 3.03, 5.01, 5.06, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Alight Group completes de-SPAC merger with Alight Inc.; begins trading as ALIT on NYSE
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- Business combination closed July 2, 2021; Foley Trasimene (FTAC) merged with Alight, resulting in Alight Group.
- Consideration: ~$1.016B cash + 226.7M shares of Class A common stock to former Alight equityholders.
- Alight Class A common stock (ALIT) and warrants (ALIT.WS) now trade on NYSE.
- Tax Receivable Agreement and Investor Rights Agreement executed in connection with closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1809104/000119312521212035/0001193125-21-212035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1809104/000119312521212035/d370626d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-212035

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