---
schema_version: "secwatch.filing_event.v1"
accession: "0001704720-21-000089"
form_type: "8-K"
ticker: "CNNE"
cik: "0001704720"
company_name: "Cannae Holdings, Inc."
filed_at: "2021-11-15T23:59:59+00:00"
generated_at: "2026-06-28T08:29:48.427927+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Cannae's $690M backstop agreement terminated after AAC-Wynn Interactive merger cancelled

## Summary
- Mutual termination of AAC and Wynn Interactive merger on Nov 11, 2021 triggers automatic termination of Cannae's Backstop and Sponsor Agreements.
- Cannae had committed to subscribe for up to $690M in AAC Class A shares to fund redemptions; obligation now terminated.
- Cannae no longer has any funding obligation related to the proposed merger.

## SEC filing metadata
- accession: 0001704720-21-000089
- form_type: 8-K
- ticker: CNNE
- cik: 0001704720
- company_name: Cannae Holdings, Inc.
- filed_at: 2021-11-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1704720/000170472021000089/0001704720-21-000089-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1704720/000170472021000089/cnne-20211111.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001704720-21-000089
- JSON: https://secwatch.observer/filing/0001704720-21-000089.json
- Plain text: https://secwatch.observer/filing/0001704720-21-000089.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
