BGC Group Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
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Item 8.01. Other Events.
On October 22, 2024, BGC Group, Inc. (“BGC,” the “Registrant” or the “Company”) issued a press release announcing that it has executed a definitive agreement to acquire OTC Global Holdings, LP (“OTC Global”), a global energy, commodities and shipping brokerage company (the “Acquisition”). At the closing of the Acquisition (the “Closing”), the Company expects to acquire OTC Global in a substantially all cash transaction. The Closing is subject to customary closing conditions, including the receipt of applicable regulatory approvals.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Discussion of Forward-Looking Statements About BGC
Statements in this report and the attached press release regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about BGC’s business, results, financial position, liquidity and outlook, as well as about Acquisition and the closing thereof, the potential benefits of the Acquisition and the anticipated effect of the Acquisition on BGC’s business, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
The exhibit index set forth below is incorporated by reference in response to this Item 9.01.
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EXHIBIT INDEX
Exhibit No. | Description | |
99.1 | BGC Group, Inc. press release dated October 22, 2024 | |
104 | The cover page from this Current Report on Form 8-K, formatted in lnline XBRL |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.
BGC Group, Inc. | ||
Date: October 22, 2024 | By: | /s/ Howard W. Lutnick |
Name: | Howard W. Lutnick | |
Title: | Chairman and Chief Executive Officer |
[Signature page to Form 8-K re: Signing of OTC Global Holdings acquisition]
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