secwatch.observer — SEC 8-K summary
======================================

Issuer:     LAUREATE EDUCATION, INC. (LAUR)
CIK:        0000912766
Form:       8-K
Filed at:   2022-11-22T23:59:59+00:00
Accession:  0001193125-22-291090
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KKR sells 32.8M shares in secondary offering; Laureate repurchases 7.97M shares at $9.41 each
--------------------------------------------------------------------------------

- KKR sold 32,842,183 shares at $9.40875 per share; Laureate repurchased 7,971,303 of those at same price.
- Company received no proceeds from the secondary offering, which closed November 22, 2022.
- KKR's ownership fell below director designation threshold; William Cornog resigned from board effective Nov 22.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/912766/000119312522291090/0001193125-22-291090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/912766/000119312522291090/d375718d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-291090

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