{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-000650","form_type":"8-K","ticker":"APG","cik":"0001796209","company_name":"APi Group Corp","filed_at":"2022-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:08.253750+00:00","generated_at":"2026-06-27T21:27:25.985665+00:00","sec_items":["1.01","2.01","2.03","3.02","3.03","5.02","5.03","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"APi Group completes $3.1B acquisition of Chubb fire & security business","bullets":["APi completed acquisition of Chubb from Carrier for $3.1B enterprise value ($2.9B cash + ~$200M assumed liabilities).","Financed via $800M Series B perpetual convertible preferred stock (5.5%, sold to Blackstone and Viking), $1.1B term loan, and $300M 4.75% senior notes due 2029.","David S. Blitzer appointed to board as Series B director effective upon closing of the acquisition.","Board approved stock dividend of ~7.54M common shares to Series A preferred holder for 2021 annual dividend.","Chubb employs ~13,000 people, serves 1.5M customer sites across 17 countries; combined workforce ~26,000."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-000650","json":"https://secwatch.observer/filing/0001193125-22-000650.json","markdown":"https://secwatch.observer/filing/0001193125-22-000650.md","text":"https://secwatch.observer/filing/0001193125-22-000650.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1796209/000119312522000650/0001193125-22-000650-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1796209/000119312522000650/d251823d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T21:27:25.985665+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2f3b4fd44a","claim":"David S. Blitzer was elected as Series B Director at APi Group Corp.","evidence_excerpt":"David S. Blitzer, was elected to the board of directors effective following the issuance of the Series B Preferred Stock and the closing of the Chubb Acquisition.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1796209/000119312522000650/0001193125-22-000650-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Series B Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}