secwatch.observer — SEC 8-K summary
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Issuer:     WORLD WRESTLING ENTERTAINMENT, LLC (—)
CIK:        0001091907
Form:       8-K
Filed at:   2023-09-12T23:59:59+00:00
Accession:  0001193125-23-233499
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WWE completes merger with Endeavor's UFC; now TKO Group Holdings, listing under TKO on NYSE
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- Each outstanding WWE Class A and B share converted into one share of TKO Class A common stock, effective September 12, 2023.
- WWE Class A common stock delisted from NYSE; TKO Class A common stock begins trading under ticker 'TKO' on September 12.
- Nick Khan becomes sole director of WWE (pre-merger) and then President of WWE LLC after conversion; other officers and directors resigned.
- WWE's $4.2M aggregate principal of 3.375% convertible notes due 2023 modified; conversion rate changed to 40.1405 units of TKO Class A stock.
- WWE's Amended and Restated Credit Agreement terminated upon closing of the Transactions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1091907/000119312523233499/0001193125-23-233499-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1091907/000119312523233499/d519698d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-233499

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