{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-063262","form_type":"8-K","ticker":"ICE","cik":"0001571949","company_name":"Intercontinental Exchange, Inc.","filed_at":"2023-03-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:45.650125+00:00","generated_at":"2026-06-18T09:43:50.051481+00:00","sec_items":["1.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"ICE and Black Knight amend merger terms to $75/share; divest Empower LOS to Constellation; extend deadline to Nov 2023","bullets":["Revised consideration $75/share ($68 cash per share plus stock with 0.0682 exchange ratio, VWAP $102.62).","Divestiture of Empower LOS (including Exchange, LendingSpace, AIVA) to Constellation Software to address FTC antitrust concerns; deal contingent on ICE's acquisition closing.","ICE commits to litigate with FTC if necessary; merger deadline extended to November 4, 2023.","$725M termination fee now triggered if Black Knight shareholders fail to approve; Black Knight's prior $40M expense reimbursement obligation eliminated.","Parties certified closing conditions satisfied as of March 7, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-063262","json":"https://secwatch.observer/filing/0001193125-23-063262.json","markdown":"https://secwatch.observer/filing/0001193125-23-063262.md","text":"https://secwatch.observer/filing/0001193125-23-063262.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1571949/000119312523063262/0001193125-23-063262-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1571949/000119312523063262/d472787d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-18T09:43:50.051481+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":"ce42542bcd0661f3a0727c5629eeef33f2fc76bf","claim":"Intercontinental Exchange, Inc. amended Amendment No. 1 with Black Knight, Inc. (effective 2023-03-07).","evidence_excerpt":"On March 7, 2023, Intercontinental Exchange, Inc., a Delaware corporation (“ ICE ”), entered into Amendment No. 1 (the “ Amendment ”) to the previously announced Agreement and Plan of Merger, dated as of May 4, 2022 (the “ Original Agreement ” and, as amended by the Amendment, the “ Merger Agreement ”), with Black Knight, Inc., a Delaware corporation (“ Black Knight ”), and Sand Merger Sub Corporation, a Delaware corporation and a wholly owned subsidiary of ICE (“ Sub ”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1571949/000119312523063262/0001193125-23-063262-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Black Knight, Inc."},{"label":"Effective","value":"2023-03-07"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}