secwatch.observer — SEC 8-K summary
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Issuer:     TWITTER, INC. (—)
CIK:        0001418091
Form:       8-K
Filed at:   2022-10-31T23:59:59+00:00
Accession:  0001193125-22-272772
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Elon Musk completes $44B acquisition of Twitter; stock delisted, shareholders get $54.20/shr
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- Merger closed Oct 27, 2022; each Twitter share canceled and converted to $54.20 cash.
- Twitter common stock delisted from NYSE; trading suspended Oct 28, 2022; deregistration to follow.
- All prior directors replaced; Elon Musk becomes sole director of Twitter.
- Convertible notes (0.25% 2024, 0.375% 2025, 0% 2026) converted to cash-only; bond hedge/warrant terminated.
- Twitter commenced change-of-control offer to repurchase 3.875% 2027 and 5.000% 2030 senior notes at 101% of par plus accrued interest.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1418091/000119312522272772/0001193125-22-272772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1418091/000119312522272772/d411753d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-272772

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