---
schema_version: "secwatch.filing_event.v1"
accession: "0001258602-26-000006"
form_type: "8-K"
ticker: "NNI"
cik: "0001258602"
company_name: "NELNET INC"
filed_at: "2026-02-02T23:59:59+00:00"
generated_at: "2026-05-16T05:33:36.029670+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Nelnet completes CAD $130.5M acquisition of Finastra's Canadian student loan business

## Summary
- Total cash consideration CAD $130.5M (~USD $95M) for Finastra's Canadian student loan servicing business.
- Acquisition completed by Nelnet Canada, wholly owned subsidiary, on February 2, 2026.
- Deal previously disclosed in October 2025 8-K; now closed subject to customary adjustments.
- Nelnet expands its Canadian student loan servicing footprint.

## SEC filing metadata
- accession: 0001258602-26-000006
- form_type: 8-K
- ticker: NNI
- cik: 0001258602
- company_name: NELNET INC
- filed_at: 2026-02-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000006/0001258602-26-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1258602/000125860226000006/nni-20260202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001258602-26-000006
- JSON: https://secwatch.observer/filing/0001258602-26-000006.json
- Plain text: https://secwatch.observer/filing/0001258602-26-000006.txt

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