secwatch.observer — SEC 8-K summary
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Issuer:     NERDWALLET, INC. (NRDS)
CIK:        0001625278
Form:       8-K/A
Filed at:   2022-08-17T23:59:59+00:00
Accession:  0001625278-22-000132
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.55
Item codes: 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

NerdWallet files historical financials for OTB acquisition; OTB 2021 revenue $38.1M
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- OTB reported 2021 net revenue of $38.1M, net income of $4.6M, and total assets of $12.2M.
- OTB's operating expenses were $32.7M in 2021, with sales and marketing at $25.5M.
- Pro forma combined financial statements for NerdWallet and OTB as of March 31, 2022, are provided.
- Amendment only adds required financial statements; no other changes to the original acquisition report.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000132/0001625278-22-000132-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1625278/000162527822000132/nrds-20220711.htm
  HTML page:      https://secwatch.observer/filing/0001625278-22-000132

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