System1, Inc. 8-K Filing
Ticker: SSTPW · Form: 8-K · Filed: Dec 3, 2025 · CIK: 1805833
| Field | Detail |
|---|---|
| Company | System1, Inc. (SSTPW) |
| Form Type | 8-K |
| Filed Date | Dec 3, 2025 |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $9,979,315.50, $4.2565, $5,239,328.11, $4,739,987.39 |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 8-K filing submitted by System1, Inc. (ticker: SSTPW) to the SEC on Dec 3, 2025.
What are the key financial figures in this filing?
Key dollar amounts include: $0.0001 (hich registered Class A Common Stock, $0.0001 par value per share SST New York Stock); $9,979,315.50 (ares for an aggregate purchase price of $9,979,315.50 (or $4.2565 per share), consisting of (); $4.2565 (ate purchase price of $9,979,315.50 (or $4.2565 per share), consisting of (i) $5,239,32); $5,239,328.11 (r $4.2565 per share), consisting of (i) $5,239,328.11 paid in cash and (ii) a secured promiss); $4,739,987.39 (te in the aggregate principal amount of $4,739,987.39 (the "Promissory Note"), which is secur).
How long is this filing?
System1, Inc.'s 8-K filing is 2 pages with approximately 684 words. Estimated reading time is 3 minutes.
Where can I view the full 8-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2025-12-03 16:18:05
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value per share SST New York Stock
- $9,979,315.50 — ares for an aggregate purchase price of $9,979,315.50 (or $4.2565 per share), consisting of (
- $4.2565 — ate purchase price of $9,979,315.50 (or $4.2565 per share), consisting of (i) $5,239,32
- $5,239,328.11 — r $4.2565 per share), consisting of (i) $5,239,328.11 paid in cash and (ii) a secured promiss
- $4,739,987.39 — te in the aggregate principal amount of $4,739,987.39 (the "Promissory Note"), which is secur
Filing Documents
- sst-20251201.htm (8-K) — 31KB
- 0001805833-25-000018.txt ( ) — 147KB
- sst-20251201.xsd (EX-101.SCH) — 2KB
- sst-20251201_lab.xml (EX-101.LAB) — 22KB
- sst-20251201_pre.xml (EX-101.PRE) — 13KB
- sst-20251201_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. Sale of Shares by Cannae Holdings LLC On December 1, 2025, Cannae Holdings, LLC ("Cannae"), the Company's largest individual shareholder, completed the sale of 2,344,482 shares of the Company's Class A Common Stock (the "Cannae Shares") in a privately negotiated off-market transaction (the "Cannae Share Sale") to Kenloch Holdings, LLC ("Kenloch"), a new entity formed by certain members of management and independent directors of the Company and managed by Michael Blend, the Company's co-founder, chief executive officer and chairman of the board. Pursuant to the terms of the Cannae Share Sale, Kenloch purchased the Cannae Shares for an aggregate purchase price of $9,979,315.50 (or $4.2565 per share), consisting of (i) $5,239,328.11 paid in cash and (ii) a secured promissory note in the aggregate principal amount of $4,739,987.39 (the "Promissory Note"), which is secured by the Cannae Shares. Section 9 - Financial Statements and Exhibits
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. System1, Inc. Date: December 3, 2025 By: /s/ Daniel J. Weinrot Name: Daniel J. Weinrot Title: General Counsel & Corporate Secretary 3