{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-020472","form_type":"8-K","ticker":"CPAY","cik":"0001175454","company_name":"CORPAY, INC.","filed_at":"2025-04-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.707097+00:00","generated_at":"2026-05-23T03:29:13.517746+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Mastercard invests $300M for ~3% stake in Corpay's cross-border business; exclusive partnership","bullets":["Mastercard invests $300M for ~3% equity stake in Corpay's cross-border unit, valuing it at $10.7B (20x forward EBITDA).","Corpay becomes exclusive provider of cross-border payments and currency risk management to Mastercard's financial institution customers.","Corpay will exclusively offer Mastercard virtual card programs; Mastercard Move services expanded to Corpay's SME customers."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-020472","json":"https://secwatch.observer/filing/0001628280-25-020472.json","markdown":"https://secwatch.observer/filing/0001628280-25-020472.md","text":"https://secwatch.observer/filing/0001628280-25-020472.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1175454/000162828025020472/0001628280-25-020472-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1175454/000162828025020472/flt-20250429.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T03:29:13.517746+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"}