---
schema_version: "secwatch.filing_event.v1"
accession: "0001563190-25-000214"
form_type: "8-K"
ticker: "COMP"
cik: "0001563190"
company_name: "Compass, Inc."
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:06:25.304668+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Three shareholder lawsuits challenge Compass-Anywhere merger disclosures; proxy supplemented

## Summary
- Three complaints filed in NY and NJ allege proxy omissions; seek to enjoin merger until corrective disclosures.
- Compass and Anywhere deny claims but voluntarily supplement proxy with broker price targets and DCF inputs.
- Supplemental disclosures include Anywhere net debt ~$2.55B, Compass pro forma net debt ~$2.50B, share counts ~121-122M and ~803-804M.
- Anywhere director unvested equity awards valued at $8.63M total; executive officer awards at $13.56M.
- Special meeting to vote on merger set for January 7, 2026; risk of delay cited.

## SEC filing metadata
- accession: 0001563190-25-000214
- form_type: 8-K
- ticker: COMP
- cik: 0001563190
- company_name: Compass, Inc.
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1563190/000156319025000214/0001563190-25-000214-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1563190/000156319025000214/comp-20251229.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001563190-25-000214
- JSON: https://secwatch.observer/filing/0001563190-25-000214.json
- Plain text: https://secwatch.observer/filing/0001563190-25-000214.txt

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