{"schema_version":"secwatch.filing_event.v1","accession":"0001625278-22-000089","form_type":"8-K","ticker":"NRDS","cik":"0001625278","company_name":"NERDWALLET, INC.","filed_at":"2022-06-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:01.534893+00:00","generated_at":"2026-06-24T23:18:22.286064+00:00","sec_items":["1.01","3.02","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"NerdWallet to acquire On the Barrelhead for ~$120M; expects Q3 2022 close","bullets":["Total consideration ~$120M: $70M cash from existing credit facility + $50M in stock (VWAP $10.37/share, half subject to 2-year lock-up).","On the Barrelhead had ~$38M revenue in 2021 (~90% YoY growth) and $5M net income; deal expected to be accretive to 2022 revenue and adjusted EBITDA.","Closing expected in Q3 2022, subject to customary conditions; ~$30M bonus retention pool for OTB management.","CEO Tim Chen awarded 239,507 RSUs and 598,768 stock options; 4-year vest beginning July 1, 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001625278-22-000089","json":"https://secwatch.observer/filing/0001625278-22-000089.json","markdown":"https://secwatch.observer/filing/0001625278-22-000089.md","text":"https://secwatch.observer/filing/0001625278-22-000089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1625278/000162527822000089/0001625278-22-000089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1625278/000162527822000089/nrds-20220623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-24T23:18:22.286064+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}