{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-263590","form_type":"8-K","ticker":"FOUR","cik":"0001794669","company_name":"Shift4 Payments, Inc.","filed_at":"2023-10-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.483882+00:00","generated_at":"2026-06-09T08:44:15.191069+00:00","sec_items":["2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Shift4 completes $600M acquisition of Finaro to accelerate European expansion","bullets":["Closed Oct 26, 2023; consideration: $200M cash, $325M stock, up to $50M earnout, $25M RSUs.","Finaro is a cross-border ecommerce payments provider and fully licensed bank with large European presence.","Acquisition expands Shift4's TAM in geographic coverage and industry verticals, enabling international expansion.","Shift4 to offer card-present solutions (SkyTab, VenueNext) in Europe; gains 500+ integrations and 200K+ merchants.","Finaro will rebrand as Shift4 to operate under a single global brand reflecting unified platform."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-263590","json":"https://secwatch.observer/filing/0001193125-23-263590.json","markdown":"https://secwatch.observer/filing/0001193125-23-263590.md","text":"https://secwatch.observer/filing/0001193125-23-263590.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1794669/000119312523263590/0001193125-23-263590-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1794669/000119312523263590/d560130d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T08:44:15.191069+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":"b5448f99713e666dd35aa370cbcace78a52cbabb","claim":"Shift4 Payments, Inc. completed an acquisition involving Credorax, Inc. (d/b/a Finaro) for $200.0 million in cash and $325.0 million in Class A common stock; additional $50.0 million in Class A common stock contingent on milestones; $25.0 million in e (closed 2023-10-26).","evidence_excerpt":"”). The Company, Shift4 LLC, Shift4 Subs are hereinafter referred to as “ Buyer Group ”. The consideration for the Acquisition consisted of (i) payment by the Buyer Group of $200.0 million in cash and $325.0 million in Class A common stock with customary lock-up provisions for up to 12 months following completion of the Acquisition; (ii) additional consideration","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1794669/000119312523263590/0001193125-23-263590-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Credorax, Inc. (d/b/a Finaro)"},{"label":"Consideration","value":"$200.0 million in cash and $325.0 million in Class A common stock; additional $50.0 million in Class A common stock contingent on milestones; $25.0 million in e"},{"label":"Closing","value":"2023-10-26"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}