secwatch.observer — SEC 8-K summary
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Issuer:     NASDAQ, INC. (NDAQ)
CIK:        0001120193
Form:       8-K
Filed at:   2025-12-01T23:59:59+00:00
Accession:  0001193125-25-303909
Event type: debt
Sentiment:  neutral
Materiality: 0.40
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq launches $95M tender offer for 2028 and 2052 notes
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- Up to $95M aggregate purchase price; $80M sub-cap for 5.350% 2028 notes, $10M sub-cap for 3.950% 2052 notes.
- Early tender deadline Dec 12, 2025 at 5 PM ET; early tender premium $30 per $1,000 principal.
- Company to fund with available cash on hand to reduce outstanding public debt.
- Notes tendered after early date but before Dec 30, 2025 expiration receive Tender Offer Consideration (no premium).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525303909/0001193125-25-303909-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120193/000119312525303909/d824443d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-303909

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