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

Issuer:     Zeta Global Holdings Corp. (ZETA)
CIK:        0001851003
Form:       8-K
Filed at:   2025-11-24T23:59:59+00:00
Accession:  0001193125-25-293671
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Zeta closes $325M Marigold acquisition, raises 2025 & 2026 revenue and EBITDA guidance
--------------------------------------------------------------------------------

- Acquired Marigold Enterprise Business for up to $325M: $100M cash + 5.33M shares + up to $125M seller notes.
- FY2025 revenue guidance raised to $1,289-1,292M (midpoint $1,290.4M), adj EBITDA to $274.2-275.1M.
- FY2026 revenue guidance raised to at least $1,730M, adj EBITDA to $385.4M, free cash flow to $224M.
- Q4 2025 revenue guidance $378.8-381.8M (includes $15.8M Marigold), adj EBITDA $90.7-91.5M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1851003/000119312525293671/0001193125-25-293671-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1851003/000119312525293671/zeta-20251124.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-293671

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