{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-191545","form_type":"8-K","ticker":"TW","cik":"0001758730","company_name":"Tradeweb Markets Inc.","filed_at":"2024-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.431293+00:00","generated_at":"2026-05-31T13:54:15.521215+00:00","sec_items":["7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Tradeweb completes $785M all-cash acquisition of ICD; expects accretion to adjusted EPS in 12 months","bullets":["Acquired ICD for $785M in cash, funded from cash on hand; also issued $4.5M in restricted Class A stock to an ICD equityholder.","Adds corporate treasury professionals as a fourth client channel, accessing a $2+ billion addressable market.","CEO Billy Hult cites ICD as gateway to underserved corporate treasury market; expects accretion to adjusted EPS within 12 months.","ICD serves 500+ corporate treasury organizations, including ~17% of S&P 100, across 65 industries and 45+ countries."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-191545","json":"https://secwatch.observer/filing/0001193125-24-191545.json","markdown":"https://secwatch.observer/filing/0001193125-24-191545.md","text":"https://secwatch.observer/filing/0001193125-24-191545.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1758730/000119312524191545/0001193125-24-191545-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1758730/000119312524191545/d871527d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T13:54:15.521215+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}