{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-040879","form_type":"8-K","ticker":"TKO","cik":"0001973266","company_name":"TKO Group Holdings, Inc.","filed_at":"2025-02-28T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.689649+00:00","generated_at":"2026-05-26T00:09:54.561827+00:00","sec_items":["1.01","1.02","2.01","3.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"TKO closes $3.25B acquisition of IMG, On Location, and PBR from Endeavor","bullets":["TKO issued ~26.1M common units valued at $3.25B (based on VWAP through Oct 23, 2024) to Endeavor.","Endeavor now owns ~61% of TKO voting interests post-close; purchase price adjustment of ~$50M in additional units possible.","Acquired assets: IMG (200+ rightsholders), On Location (premium live events), and PBR (200+ global events annually).","Services Agreement with Endeavor terminated upon closing; Transaction Agreement Amendment accelerated inside date to Feb 28, 2025.","IMG licensing, models, tennis/golf representation, and full events portfolio remain with Endeavor."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-040879","json":"https://secwatch.observer/filing/0001193125-25-040879.json","markdown":"https://secwatch.observer/filing/0001193125-25-040879.md","text":"https://secwatch.observer/filing/0001193125-25-040879.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1973266/000119312525040879/0001193125-25-040879-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1973266/000119312525040879/d879819d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T00:09:54.561827+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":[{"claim_id":"a36c812c7d5d0f04af6b3f5830ff08b5bbdd1a38","claim":"TKO Group Holdings, Inc. completed an acquisition involving Endeavor Operating Company, LLC for approximately 61% of the voting interests of TKO PubCo (closed 2025-02-28).","evidence_excerpt":"of Endeavor (“ Trans World International ”) (the “ Transactions ”). As of the consummation of the Transactions, Endeavor and its subsidiaries collectively own approximately 61% of the voting interests of TKO PubCo. The Transaction Agreement and the Transactions were previously described in the Company’s Current Report on Form 8-K filed with the","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1973266/000119312525040879/0001193125-25-040879-index.htm","confidence":1.0,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Endeavor Operating Company, LLC"},{"label":"Consideration","value":"approximately 61% of the voting interests of TKO PubCo"},{"label":"Closing","value":"2025-02-28"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}