---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-328913"
form_type: "8-K"
ticker: "DMRC"
cik: "0001438231"
company_name: "Digimarc CORP"
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:17:00.213958+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Digimarc to acquire Evrythng for $50M stock, earnout up to $100M based on ARR, close Jan 2022

## Summary
- Digimarc to acquire Evrythng for $50M initial consideration in stock and warrants; earnout potential up to $100M if $10M ARR achieved by Feb 2022.
- Digimarc repays ~$7.9M of Evrythng debt and transaction costs at closing; bridge loan of up to $2M at 1% interest.
- Earnout formula: if stock price >2x initial, no additional consideration; else up to $100M in stock.
- Closing expected January 2022 subject to conditions including key employee retention and closing costs under $8M.

## SEC filing metadata
- accession: 0001193125-21-328913
- form_type: 8-K
- ticker: DMRC
- cik: 0001438231
- company_name: Digimarc CORP
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1438231/000119312521328913/0001193125-21-328913-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1438231/000119312521328913/d236631d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-328913
- JSON: https://secwatch.observer/filing/0001193125-21-328913.json
- Plain text: https://secwatch.observer/filing/0001193125-21-328913.txt

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