---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-332544"
form_type: "8-K"
ticker: "VRSK"
cik: "0001442145"
company_name: "Verisk Analytics, Inc."
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:05:45.094725+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Verisk ends AccuLynx acquisition after FTC fails to complete review; to redeem $1.5B in notes

## Summary
- Verisk terminated the AccuLynx merger agreement because FTC did not complete its review by the Dec 26, 2025 deadline.
- AccuLynx disputes termination validity; Verisk says it will 'vigorously defend' against the assertion.
- Verisk will redeem $1.5B senior notes (4.5% 2030 and 5.125% 2036 notes) at 101% of principal plus accrued interest on Jan 6, 2026.
- Pro forma leverage at Sept 30, 2025 was 1.9x LTM adjusted EBITDA; $1.2B share repurchase capacity remains.
- The $750M Term Facility associated with the acquisition automatically terminated on Dec 26, 2025.

## SEC filing metadata
- accession: 0001193125-25-332544
- form_type: 8-K
- ticker: VRSK
- cik: 0001442145
- company_name: Verisk Analytics, Inc.
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1442145/000119312525332544/0001193125-25-332544-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1442145/000119312525332544/d98951d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-332544
- JSON: https://secwatch.observer/filing/0001193125-25-332544.json
- Plain text: https://secwatch.observer/filing/0001193125-25-332544.txt

## Key facts
- Material Agreements
  Verisk Analytics, Inc. terminated Term Credit Agreement with Bank of America N.A., as administrative agent, and the lenders party thereto valued at $750,000,000 (effective 2025-12-26).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: Bank of America N.A., as administrative agent, and the lenders party thereto
  - Value: $750,000,000
  - Effective: 2025-12-26
  source text: Term Facility Termination As previously reported on August 15, 2025 the Company entered into a Term Credit Agreement (the “Term Credit Agreement”), among the Company, the lenders party thereto and Bank of America N.A., as administrative agent.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1442145/000119312525332544/0001193125-25-332544-index.htm
- Material Agreements
  Verisk Analytics, Inc. terminated Agreement and Plan of Merger with ExactLogix, Inc. and Richard Spanton, Jr., as Equityholders' Representative (effective 2025-12-26).
  - Action: termination
  - Agreement: merger
  - Counterparty: ExactLogix, Inc. and Richard Spanton, Jr., as Equityholders' Representative
  - Effective: 2025-12-26
  source text: On December 26, 2025, the Company delivered a notice to ExactLogix and the Equityholders’ Representative terminating the Merger Agreement because the Merger was not consummated on or before December 26, 2025.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1442145/000119312525332544/0001193125-25-332544-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.