secwatch.observer — SEC 8-K summary
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Issuer:     DigitalBridge Group, Inc. (DBRG)
CIK:        0001679688
Form:       8-K
Filed at:   2022-12-22T23:59:59+00:00
Accession:  0001679688-22-000149
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

DigitalBridge amends AMP infrastructure deal; caps Sponsor Capital price adjustment at 5% threshold
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- Amended purchase agreement dated Dec 19, 2022 modifies consideration for Sponsor Capital in acquisition of AMP's global infra equity management business.
- Previously, price would adjust by full change in Sponsor Capital value from June 30 to Dec 31, 2022 if closing in Q1 2023.
- Under A&R agreement, only 50% of any change exceeding $6,256,889.55 (5% of June 30 value) is disregarded; capital contributions/distributions adjust dollar-for-dollar.
- Base purchase price remains $258M capital/carry amount plus $200M management amount, subject to other adjustments and estimated working capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000149/0001679688-22-000149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1679688/000167968822000149/dbrg-20221219.htm
  HTML page:      https://secwatch.observer/filing/0001679688-22-000149

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