---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-062919"
form_type: "8-K"
ticker: "XBP"
cik: "0001839530"
company_name: "XBP Global Holdings, Inc."
filed_at: "2022-10-11T23:59:59+00:00"
generated_at: "2026-06-23T04:30:51.036891+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# CF Acquisition Corp. VIII announces $220M SPAC merger with XBP Europe; sponsor to forfeit 733k shares

## Summary
- Merger valued at $220M less XBP Europe's closing indebtedness; XBP Europe shareholders to receive shares of Class A common stock at $10.00 reference plus 1,330,650 shares.
- Sponsor CFAC Holdings VIII agrees to forfeit 733,400 Class B shares and not redeem any shares in the transaction.
- Parent BTC International Holdings subject to one-year lock-up on shares received in the merger.
- Closing requires stockholder approval, regulatory clearances, and must occur by June 30, 2023 (extendable to September 30, 2023).
- Post-closing board to consist of seven members from XBP Europe, with Par Chadha as chair.

## SEC filing metadata
- accession: 0001213900-22-062919
- form_type: 8-K
- ticker: XBP
- cik: 0001839530
- company_name: XBP Global Holdings, Inc.
- filed_at: 2022-10-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839530/000121390022062919/0001213900-22-062919-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839530/000121390022062919/ea166918-8k425_cfacq8.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-062919
- JSON: https://secwatch.observer/filing/0001213900-22-062919.json
- Plain text: https://secwatch.observer/filing/0001213900-22-062919.txt

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