secwatch.observer — SEC 8-K summary
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Issuer:     NELNET INC (NNI)
CIK:        0001258602
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001258602-26-000006
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1258602/000125860226000006/0001258602-26-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1258602/000125860226000006/nni-20260202.htm
  HTML page:      https://secwatch.observer/filing/0001258602-26-000006

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