M&A: Choubey Diwakar

Form Type: SCHEDULE 1

Filing Date: 2024-12-18

Corporate Action: Merger

Type: Update

Accession Number: 000121390024110105

Comments: On December 10, 2024, MoneyLion Inc. entered into an Agreement and Plan of Merger with Gen Digital Inc. and Maverick Group Holdings, a wholly owned subsidiary of Gen Digital. Following the merger, MoneyLion will be a wholly owned subsidiary of Gen Digital. Under the terms of the agreement, each share of Class A Common Stock will be automatically cancelled and converted into cash valued at $82.00, along with one contingent value right. This includes provisions for shares held in treasury and those with appraisal rights.

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Form Type: SCHEDULE 1

Filing Date: 2024-12-16

Corporate Action: Merger

Type: Update

Accession Number: 000121390024109288

Comments: On December 10, 2024, Diwakar Choubey entered into a Merger Agreement wherein MoneyLion Inc. will merge with Gen Digital Inc., resulting in MoneyLion becoming a wholly owned subsidiary of Gen. Each share of MoneyLion's Class A Common Stock will be converted into cash amounting to $82.00 and one Contingent Value Right (CVR). Each CVR will allow holders to potentially receive $23.00 in Gen Common Stock if certain stock performance milestones are met. Choubey has also executed a Voting Agreement to support the Merger Agreement. In the past 60 days, Choubey disposed of Company Common Stock, including notable sales on November 13 and November 15, totaling several thousand shares, conducted through a trading plan compliant with SEC rules. The voting and dispositive powers involving Choubey's holdings indicate significant control over a large share quantity, although he disclaims beneficial ownership of shares held in family trusts.

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