secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001193125-24-188917
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thoma Bravo affiliate sells 41.6M Nasdaq shares at $65.30; Nasdaq repurchases 1.2M
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- Secondary offering of 41,604,207 shares by Argus Seller (Thoma Bravo) at $65.30/share; Nasdaq received no proceeds.
- Nasdaq repurchased 1,200,000 shares from the selling stockholder for up to $120M to offset dilution.
- After closing, selling stockholder holds ~42.8M shares (~7.4%), locked up until May 1, 2025.
- Goldman Sachs acted as sole bookrunner; offering closed July 30, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312524188917/0001193125-24-188917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312524188917/d859382d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-188917

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