secwatch.observer — SEC 8-K summary
======================================

Issuer:     TKO Group Holdings, Inc. (TKO)
CIK:        0001973266
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001193125-24-089035
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

TKO and Endeavor to buy 3.5M shares from Vince McMahon for $311M
----------------------------------------------------------------

- Endeavor to buy 1,642,970 shares from McMahon at $89.01/share ($146.2M); close ~Apr 9.
- TKO to buy 1,853,724 shares from McMahon at $89.01/share ($165M); close ~Apr 10; shares retired.
- TKO to fund $165M purchase with $150M revolver borrowings plus cash on hand.
- TKO intends to retire all repurchased shares following closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1973266/000119312524089035/0001193125-24-089035-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1973266/000119312524089035/d808106d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-089035

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