{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-274458","form_type":"8-K","ticker":"VSCO","cik":"0001856437","company_name":"Victoria's Secret & Co.","filed_at":"2022-11-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:52.790587+00:00","generated_at":"2026-06-22T19:24:33.142506+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Victoria's Secret acquires Adore Me for $400M upfront, up to $300M in earn-outs","bullets":["Initial $400M cash payment for 100% of Adore Me; structured deal with up to $300M additional consideration.","Transaction includes fixed $80M+ payment by Jan 2025 and contingent payments based on EBITDA/revenue targets.","Adore Me serves 1.2M active customers; offers Home Try-On and subscription models; is a Certified B Corp.","Deal approved by VSCO Board; expected to close by end of January 2023, subject to HSR clearance.","VSCO to finance with cash on hand; aims to leverage Adore Me's digital tech and value-segment customer base."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-274458","json":"https://secwatch.observer/filing/0001193125-22-274458.json","markdown":"https://secwatch.observer/filing/0001193125-22-274458.md","text":"https://secwatch.observer/filing/0001193125-22-274458.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1856437/000119312522274458/0001193125-22-274458-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1856437/000119312522274458/d415494d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T19:24:33.142506+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":"8e6428dd52524702e25f8aea383f8f866dbdeab1","claim":"Victoria's Secret & Co. entered into Agreement and Plan of Merger with Adore Me, Inc. valued at $400.0 million (effective 2022-11-01).","evidence_excerpt":"On November 1, 2022, Victoria’s Secret & Co. (the “ Company ”) entered into an Agreement and Plan of Merger (the “ Merger Agreement ”), by and among the Company, Fashion Holding Group, Inc., a Delaware corporation and wholly owned subsidiary of the Company (“ Merger Sub ”), AdoreMe, Inc., a Delaware corporation (“ Adore Me ”), and Fortis Advisors LLC, a Delaware limited liability company, solely in its capacity as representative for the Adore Me equityholders","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1856437/000119312522274458/0001193125-22-274458-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Adore Me, Inc."},{"label":"Value","value":"$400.0 million"},{"label":"Effective","value":"2022-11-01"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}