BGC Group, Inc. Reports Change in Control
Ticker: BGC · Form: 8-K · Filed: Oct 6, 2025 · CIK: 1094831
Sentiment: neutral
Topics: change-of-control, 8-k
TL;DR
BGC Group just filed an 8-K for a change in control. Big news for shareholders.
AI Summary
On October 6, 2025, BGC Group, Inc. filed an 8-K report indicating a change in control. The company, previously known as BGC Partners, Inc., is incorporated in Delaware and headquartered at 499 Park Avenue, New York, NY. This filing is a current report under the Securities Exchange Act of 1934.
Why It Matters
A change in control filing signals a significant shift in the company's ownership or management structure, which could impact its strategic direction and shareholder value.
Risk Assessment
Risk Level: medium — Change in control events can introduce uncertainty regarding future strategy and leadership, potentially affecting stock performance.
Key Players & Entities
- BGC Group, Inc. (company) — Registrant
- BGC Partners, Inc. (company) — Former Company Name
- October 6, 2025 (date) — Date of Report
- 499 Park Avenue, New York, NY 10022 (location) — Principal Executive Offices
FAQ
What is the primary purpose of this 8-K filing?
The primary purpose of this 8-K filing is to report a change in control of the registrant, BGC Group, Inc.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on October 6, 2025.
What is the exact name of the company filing this report?
The exact name of the company filing this report is BGC Group, Inc.
In which state is BGC Group, Inc. incorporated?
BGC Group, Inc. is incorporated in Delaware.
What was the former name of BGC Group, Inc.?
The former name of BGC Group, Inc. was BGC Partners, Inc.
Filing Stats: 1,037 words · 4 min read · ~3 pages · Grade level 8.9 · Accepted 2025-10-06 17:06:54
Key Financial Figures
- $0.01 — hich registered Class A Common Stock, $0.01 par value BGC The Nasdaq Stock Mark
- $200,000 — P"), for an aggregate purchase price of $200,000, using cash on hand at the Purchaser Tr
- $9 — ard W. Lutnick for a price per share of $9.2082, less $0.032 per share for the aft
- $0.032 — for a price per share of $9.2082, less $0.032 per share for the after-tax portion of
- $13,096,795 — any, for an aggregate purchase price of $13,096,795.70, using cash on hand at the purchasin
Filing Documents
- ea0260087-8k_bgcgroup.htm (8-K) — 31KB
- 0001213900-25-096611.txt ( ) — 192KB
- bgc-20251006.xsd (EX-101.SCH) — 3KB
- bgc-20251006_lab.xml (EX-101.LAB) — 33KB
- bgc-20251006_pre.xml (EX-101.PRE) — 22KB
- ea0260087-8k_bgcgroup_htm.xml (XML) — 3KB
01 Changes in Control of Registrant
Item 5.01 Changes in Control of Registrant. Completion of Howard W. Lutnick Divestiture Mr. Howard W. Lutnick, the U.S. Secretary of Commerce and BGC Group, Inc.'s (the "Company") former Chief Executive Officer and former Chairman of the Company's Board of Directors (the "Board"), has completed his previously announced divestiture of his holdings in the Company in connection with his appointment as the U.S. Secretary of Commerce. Mr. Howard W. Lutnick no longer has any voting or dispositive power over any of the securities of the Company and filed today an amendment to his prior reports on Schedule 13D of his beneficial ownership of the equity securities of the Company to reflect his zero ownership. The following transactions, which were previously announced in a press release on May 19, 2025 and disclosed in the Company's Current Report on Form 8-K filed on May 19, 2025, closed on October 6, 2025: The purchase by trusts controlled by Mr. Brandon G. Lutnick ("Purchaser Trusts") from Mr. Howard W. Lutnick, in his capacity as trustee of a trust, of all of the voting shares of CF Group Management, Inc., a New York corporation ("CFGM"), which is the managing general partner of Cantor Fitzgerald, L.P., a Delaware limited partnership ("CFLP"), for an aggregate purchase price of $200,000, using cash on hand at the Purchaser Trusts. The purchase by CFLP of 8,973,721 shares of Class B common stock, par value $0.01 per share, of the Company ("Class B Common Stock") held directly by Mr. Howard W. Lutnick for a price per share of $9.2082, less $0.032 per share for the after-tax portion of paid and payable dividends to him, using cash on hand at CFLP, which represents all of the shares of Class B Common Stock of the Company that had been held by him. The purchase by certain other trusts controlled by Mr. Brandon G. Lutnick from Mr. Howard W. Lutnick, in his capacity as trustee of certain trusts, of certain interests, including all outstanding equity interests in Tangib
SIGNATURES
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 6, 2025 By: /s/ Jason W. Hauf Name: Jason W. Hauf Title: Chief Financial Officer [Signature Page to Form 8-K regarding closing of Lutnick divestment arrangements dated October 6, 2025] 2