secwatch.observer — SEC 8-K summary
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Issuer:     DigitalBridge Group, Inc. (DBRG)
CIK:        0001679688
Form:       8-K
Filed at:   2022-05-24T23:59:59+00:00
Accession:  0001679688-22-000077
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.01, 1.02, 2.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalBridge completes buyback of Wafra's 31.5% stake in DBMH for $388.5M cash and 57.7M shares
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- Paid $388.5M net cash and issued 57.7M shares of Class A common stock to reacquire Wafra's 31.5% interest in DBMH.
- Wafra's carried interest in DigitalBridge Partners II reduced from 12.6% to 7%; existing investments retained.
- Named Adel Alderbas (Wafra CIO) as senior advisor for three years.
- Entered new agreements including Amended Carried Interest Participation, Termination, and Registration Rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000077/0001679688-22-000077-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000077/dbrg-20220523.htm
  HTML page:      https://secwatch.observer/filing/0001679688-22-000077

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