{"schema_version":"secwatch.filing_event.v1","accession":"0001549346-23-000027","form_type":"8-K","ticker":"SSTK","cik":"0001549346","company_name":"Shutterstock, Inc.","filed_at":"2023-06-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.346474+00:00","generated_at":"2026-06-13T18:00:13.059008+00:00","sec_items":["2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Shutterstock completes acquisition of Giphy from Meta for $53M net cash","bullets":["Shutterstock closed purchase of Giphy from Meta Platforms on June 23, 2023.","Total consideration is $53 million in net cash, inclusive of working capital.","Transaction was initially disclosed in a Form 8-K filed on May 23, 2023.","Financial statements for Giphy will be filed by amendment within 71 calendar days."],"urls":{"canonical":"https://secwatch.observer/filing/0001549346-23-000027","json":"https://secwatch.observer/filing/0001549346-23-000027.json","markdown":"https://secwatch.observer/filing/0001549346-23-000027.md","text":"https://secwatch.observer/filing/0001549346-23-000027.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000027/0001549346-23-000027-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000027/sstk-20230623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T18:00:13.059008+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":[{"claim_id":"9d2e0d68e1fce1030d9dda992608b887fe2d5823","claim":"Shutterstock, Inc. completed an acquisition involving Meta Platforms, Inc. for $53 million in net cash (closed 2023-06-23).","evidence_excerpt":"has sold, and the Company has purchased, all of the issued and outstanding capital stock of Giphy. The consideration payable by the Company pursuant to the Purchase Agreement is $53 million in net cash, inclusive of working capital. The Purchase Agreement contains customary representations, warranties and covenants by the Company and Meta that are subject, in some","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1549346/000154934623000027/0001549346-23-000027-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Meta Platforms, Inc."},{"label":"Consideration","value":"$53 million in net cash"},{"label":"Closing","value":"2023-06-23"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}