M&A - BGC Group, Inc.

Form Type: 8-K

Filing Date: 2025-04-01

Corporate Action: Acquisition

Type: New

Accession Number: 000121390025026774

Filing Summary: On April 1, 2025, BGC Group, Inc. announced the completion of its acquisition of OTC Global Holdings, LP, a global energy, commodities, and shipping brokerage firm. The acquisition was executed as a cash transaction totaling $325 million, with the deal subject to limited post-closing adjustments. A press release detailing the acquisition was attached as Exhibit 99.1 to the 8-K filing. The document also includes forward-looking statements about the anticipated benefits and impact of the acquisition on BGC's business, emphasizing the uncertainties associated with these projections.

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