---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-22-286325"
form_type: "8-K"
ticker: "BGC"
cik: "0001094831"
company_name: "BGC Group, Inc."
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:16:14.316564+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BGC Partners to convert to Full C-Corp, rename to BGC Group, change ticker to BGC

## Summary
- Company enters Corporate Conversion Agreement to simplify structure from Up-C to Full C-Corporation.
- BGC Group will have Class A and Class B common stock; ticker expected to change from BGCP to BGC on Nasdaq.
- Cantor Fitzgerald agrees via Support Agreement to approve conversion; transaction expected to close by May 15, 2023.
- Independent Joint Committee advised by Houlihan Lokey (fairness opinion) and Debevoise & Plimpton; Wachtell Lipton advises Company.

## SEC filing metadata
- accession: 0001193125-22-286325
- form_type: 8-K
- ticker: BGC
- cik: 0001094831
- company_name: BGC Group, Inc.
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 5.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1094831/000119312522286325/0001193125-22-286325-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1094831/000119312522286325/d393364d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-22-286325
- JSON: https://secwatch.observer/filing/0001193125-22-286325.json
- Plain text: https://secwatch.observer/filing/0001193125-22-286325.txt

## Key facts
- Material Agreements
  BGC Group, Inc. entered into Corporate Conversion Agreement with BGC Holdings, L.P., BGC Group, Inc., BGC GP, LLC, BGC Partners II, Inc., BGC Partners II, LLC, BGC Holdings Merger Sub, LLC, and, solely for the purposes of certain provisions therein, Cantor Fitzgerald, L.P. (effective 2022-11-15).
  - Action: entry
  - Agreement: merger
  - Counterparty: BGC Holdings, L.P., BGC Group, Inc., BGC GP, LLC, BGC Partners II, Inc., BGC Partners II, LLC, BGC Holdings Merger Sub, LLC, and, solely for the purposes of certain provisions therein, Cantor Fitzgerald, L.P.
  - Effective: 2022-11-15
  source text: On November 15, 2022, BGC Partners, Inc., a Delaware corporation (the “ Company ,” “ BGC Partners ” or “ BGC ”), and BGC Holdings, L.P., a Delaware limited partnership (“ BGC Holdings ”), along with certain other entities set forth below, entered into a Corporate Conversion Agreement (the “ Corporate Conversion Agreement ”)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1094831/000119312522286325/0001193125-22-286325-index.htm

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