secwatch.observer — SEC 8-K summary
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Issuer:     Vizio Holding Corp. (—)
CIK:        0001835591
Form:       8-K
Filed at:   2024-12-03T23:59:59+00:00
Accession:  0001193125-24-269483
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 2.01, 3.01, 3.03, 4.01, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Walmart completes acquisition of VIZIO for $11.50/share, ~$2.3B; VIZIO delisted
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- Acquisition of VIZIO closed at $11.50 per share in cash, fully diluted equity value of ~$2.3 billion.
- VIZIO's Class A common stock delisted from NYSE; VIZIO becomes wholly owned subsidiary of Walmart.
- William Wang remains VIZIO CEO, reporting to Walmart's Seth Dallaire; VIZIO to operate separately for now.
- Transaction expected to be slightly dilutive to EPS in Q4 FY25 and FY26; funded with cash/debt.
- VIZIO's SmartCast OS has over 19 million active accounts; Platform+ advertising segment drives all gross profit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1835591/000119312524269483/0001193125-24-269483-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1835591/000119312524269483/d909505d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-269483

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