The transaction is sourced from a substantial series of SEC EDGAR filings spanning several months: Form 8-K filings published December 10, 2024, December 11, 2024, April 10, 2025, and April 17, 2025 (including one specifically citing Exhibit 99.1 from the December 10, 2024 filing), a Form DEFM14A published March 5, 2025, and an additional filing of unknown form type also published March 5, 2025. This sequence of filings, running from the initial announcement through to filings in April 2025, is consistent with the deal's current closed status.
On the financial advisory side, Keefe, Bruyette & Woods, Inc., a Stifel Company, is serving as exclusive financial advisor to MoneyLion, the target, and is identified as the lead advisor in that role. Evercore is serving as financial advisor to Gen, the acquirer. Separately, Sodali & Co. is named as MoneyLion's proxy solicitor, assisting stockholders with voting their shares in connection with the special meeting on the transaction, as described in the source material directing stockholders with questions to call Sodali & Co.'s toll-free line.
On the legal side, Davis Polk & Wardwell LLP is serving as legal counsel to MoneyLion, the target, and Kirkland & Ellis LLP is serving as legal advisor to Gen Digital, the acquirer, consistent across the multiple source sentences referencing each firm's role.
The transaction is structured as a going-private, cash-plus-contingent-value-right merger with a disclosed value of 1,000,000,000 dollars; beyond identifying the inclusion of a contingent value right component alongside cash, no further detail on the specific cash amount per share, the CVR terms, or payout triggers is included in the facts available.
Some elements remain undisclosed even for this now-closed transaction. No specific per-share cash amount or detailed CVR payout terms are given, and no breakdown is provided of how much of the 1,000,000,000 dollar disclosed value corresponds to the cash portion versus the contingent value right. The facts confirm the deal has closed but do not specify the exact closing date.