{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-014881","form_type":"8-K","ticker":"ZBH","cik":"0001136869","company_name":"ZIMMER BIOMET HOLDINGS, INC.","filed_at":"2025-01-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.016849+00:00","generated_at":"2026-05-27T06:28:59.558334+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Zimmer Biomet to acquire Paragon 28 for $13.00 per share cash plus up to $1.00 CVR","bullets":["Deal consideration: $13.00 per share cash plus Contingent Value Right (CVR) with max $1.00 payable if Paragon 28 net revenue exceeds $361M in 2026.","Paragon 28 CEO Albert DaCosta enters voting agreement to support deal, will become Global President, Foot and Ankle post-close.","Termination fee of $40M payable by Paragon 28 under certain circumstances, including if it accepts a superior proposal.","Closing requires stockholder approval, HSR and foreign regulatory clearances; no financing condition.","Deal expected to close by November 28, 2025 (with possible extension to January 28, 2026)."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-014881","json":"https://secwatch.observer/filing/0001193125-25-014881.json","markdown":"https://secwatch.observer/filing/0001193125-25-014881.md","text":"https://secwatch.observer/filing/0001193125-25-014881.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1136869/000119312525014881/0001193125-25-014881-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1136869/000119312525014881/d925673d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T06:28:59.558334+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"}