---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-082733"
form_type: "8-K"
ticker: null
cik: "0001838672"
company_name: "AdTheorent Holding Company, Inc."
filed_at: "2024-04-01T23:59:59+00:00"
generated_at: "2026-06-04T04:54:40.279920+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# AdTheorent to be acquired by Cadent for $3.21/share (~$324M equity value)

## Summary
- All-cash transaction: $3.21 per share; 17% premium to 60-day VWAP and 27% premium to 90-day VWAP as of March 28, 2024.
- Board unanimously approved; H.I.G. Growth (37% holder) and six insiders signed voting support agreements.
- Go-shop period runs through May 4, 2024; termination fee of ~$11.35M (or ~$6.49M during go-shop).
- Closing subject to stockholder approval, HSR clearance, and other customary conditions; expected in Q2/Q3 2024.
- Equity financing from Novacap and debt financing commitments secured; no financing condition.

## SEC filing metadata
- accession: 0001193125-24-082733
- form_type: 8-K
- cik: 0001838672
- company_name: AdTheorent Holding Company, Inc.
- filed_at: 2024-04-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1838672/000119312524082733/0001193125-24-082733-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1838672/000119312524082733/d816521d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-082733
- JSON: https://secwatch.observer/filing/0001193125-24-082733.json
- Plain text: https://secwatch.observer/filing/0001193125-24-082733.txt

## Key facts
- Material Agreements
  AdTheorent Holding Company, Inc. entered into Agreement and Plan of Merger with Cadent, LLC, Award Merger Sub, Inc., Novacap Cadent Acquisition Company, Inc., Novacap Cadent Holdings, Inc. (effective 2024-04-01).
  - Action: entry
  - Agreement: merger
  - Counterparty: Cadent, LLC, Award Merger Sub, Inc., Novacap Cadent Acquisition Company, Inc., Novacap Cadent Holdings, Inc.
  - Effective: 2024-04-01
  source text: On April 1, 2024, AdTheorent Holding Company, (the “Company”), entered into an Agreement and Plan of Merger (the “Merger Agreement”) with Cadent, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/1838672/000119312524082733/0001193125-24-082733-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.