secwatch.observer — SEC 8-K summary
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Issuer:     Bumble Inc. (BMBL)
CIK:        0001830043
Form:       8-K
Filed at:   2024-03-04T23:59:59+00:00
Accession:  0001193125-24-056954
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bumble repurchases $50M in shares and units from Blackstone at $11.0968 each
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- Repurchased 2,509,316 Class A shares from Blackstone entities for ~$27.8M at $11.0968/share.
- Bumble Holdings repurchased 1,996,487 units (exchangeable for Class A shares) for ~$22.2M at same price.
- Transaction funded under existing $72.9M remaining share repurchase authorization; closes by March 7, 2024.
- Special committee of independent directors (excluding Blackstone affiliates) approved the deal.
- Total repurchase price $50.0M; price per equity interest $11.0968.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830043/000119312524056954/0001193125-24-056954-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830043/000119312524056954/d712508d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-056954

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