secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2023-11-07T23:59:59+00:00
Accession:  0001522540-23-000030
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta extends Block agreement through 2028; becomes default international issuer processor
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- Extended Square Debit Card and Cash App programs to June 30, 2028 (one-year extension for Cash App).
- Reduced pricing for the Square Debit Card program under the amendment.
- Marqeta to be default issuing processor in non-U.S. markets where Block operates (subject to exceptions).
- Block has been a stockholder and warrant holder of Marqeta since 2021.
- Amendment executed on November 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000152254023000030/0001522540-23-000030-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000152254023000030/mq-20231103.htm
  HTML page:      https://secwatch.observer/filing/0001522540-23-000030

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