secwatch.observer — SEC 8-K summary
======================================

Issuer:     COMSCORE, INC. (SCOR)
CIK:        0001158172
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0001193125-25-221284
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 3.02, 3.03, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comscore to exchange Series B Preferred for Series C Preferred and common stock with Charter, Liberty, and Cerberus
--------------------------------------------------------------------------------

- Each stockholder exchanges 31,928,301 Series B shares for 4,223,621 Series C shares (liquidation pref $14.50/sh) and 3,286,825 common shares.
- Closing requires stockholder approval; Board will consist of 7 members post-closing with designees from each stockholder and 3 unaffiliated directors.
- Common shares issued in exchange subject to 6-month lockup unless price >= $12.50; Series C convertible at holder option with 49.99% beneficial ownership cap.
- Company to pay each stockholder $2 million cash on June 30, 2028 upon closing; Financing Agreement amended to permit the exchange.
- Series C carries neutral voting cap of 16.66% per holder and mandatory conversion if VWAP exceeds threshold within six months post-closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1158172/000119312525221284/0001193125-25-221284-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1158172/000119312525221284/d13858d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-221284

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