{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-026774","form_type":"8-K","ticker":"BGC","cik":"0001094831","company_name":"BGC Group, Inc.","filed_at":"2025-04-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.497201+00:00","generated_at":"2026-05-24T00:19:16.512355+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"BGC Group closes $325M cash acquisition of OTC Global Holdings, energy brokerage","bullets":["Acquisition of OTC Global Holdings closed April 1, 2025; $325 million substantially all-cash consideration.","OTC generated over $400M revenue in 2024; acquisition multiple below 0.8x revenue. Expected immediately accretive.","BGC says deal positions it as the world's premier energy, commodities, and shipping brokerage firm.","OTC's CEO Joe Kelly to continue driving growth; deal follows Sage Energy acquisition, makes ECS BGC's largest asset class."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-026774","json":"https://secwatch.observer/filing/0001213900-25-026774.json","markdown":"https://secwatch.observer/filing/0001213900-25-026774.md","text":"https://secwatch.observer/filing/0001213900-25-026774.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1094831/000121390025026774/0001213900-25-026774-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1094831/000121390025026774/ea0236252-8k_bgc.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T00:19:16.512355+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}