Global Business Travel Group Files 8-K

Ticker: GBTG · Form: 8-K · Filed: Jan 17, 2025

Sentiment: neutral

Topics: material-agreement, financials, corporate-action

TL;DR

GBTG filed an 8-K on Jan 17, 2025, for a material agreement. Check financials.

AI Summary

Global Business Travel Group, Inc. filed an 8-K on January 17, 2025, reporting an entry into a material definitive agreement and financial statements. The company, formerly known as Apollo Strategic Growth Capital until August 12, 2020, is incorporated in Delaware and headquartered in New York.

Why It Matters

This filing indicates a significant event for Global Business Travel Group, Inc., potentially involving a new material agreement or updated financial information that could impact investors.

Risk Assessment

Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement and financial statements, which is routine corporate disclosure.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement filed on January 17, 2025?

The filing states 'Entry into a Material Definitive Agreement' as an item information, but the specific details of the agreement are not provided in this excerpt.

When did Global Business Travel Group, Inc. change its name from Apollo Strategic Growth Capital?

The company changed its name from Apollo Strategic Growth Capital on August 12, 2020.

What is the principal executive office address for Global Business Travel Group, Inc.?

The principal executive offices are located at 666 3rd Avenue, 4th Floor, New York, New York 10017.

What is the company's telephone number?

The registrant's telephone number is (646) 344-1290.

What is the Standard Industrial Classification code for Global Business Travel Group, Inc.?

The Standard Industrial Classification code is 4700, categorized under TRANSPORTATION SERVICES.

Filing Stats: 1,691 words · 7 min read · ~6 pages · Grade level 16.8 · Accepted 2025-01-17 16:01:20

Key Financial Figures

Filing Documents

01

Item 1.01. Entry Into a Material Definitive Agreement. On January 17, 2025, Global Business Travel Group, Inc. a Delaware corporation (the "Company"), entered into Amendment No. 1 to Agreement and Plan of Merger (the "Merger Agreement Amendment") with CWT Holdings, LLC, a Delaware limited liability company ("CWT"), Cape Merger Sub I LLC, a Delaware limited liability company ("Merger Sub I"), Cape Merger Sub II LLC, a Delaware limited liability company ("Merger Sub II" and together with Merger Sub I, the "Merger Subs") and Redwood Drawdown Partners III, LLC, solely in its capacity as the representative of the equityholders of CWT (the "Member Representative" and together with the Company, CWT and the Merger Subs, the "Parties"). As previously announced, on March 24, 2024, the Parties entered into an Agreement and Plan of Merger (the "Merger Agreement"), pursuant to which, among other things, (i) Merger Sub I will merge with and into CWT (the "First Merger") with CWT surviving the First Merger as an indirect subsidiary of the Company (the "First Merger Surviving Company") and (ii) the First Merger Surviving Company will merge with and into Merger Sub II (the "Second Merger" and, together with the First Merger, the "Mergers") with Merger Sub II surviving the Second Merger as an indirect subsidiary of the Company. The Merger Agreement was previously filed as Exhibit 2.1 to the Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission (the "SEC") by the Company on March 25, 2024 (the "March 8-K"). Pursuant to the Merger Agreement Amendment, the Parties amended the definition of "Drop Dead Date" in Section 7.1(b) of the Merger Agreement by deleting in their entirety the words "January 24, 2025" and replacing them with the words "the earlier of March 17, 2025 and ten (10) Business Days after the issuance of the CMA's final report with respect to the transactions contemplated by this Agreement". From and after the date of the Merger Agreement Am

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 2.1 Amendment No. 1 to Agreement and Plan of Merger, dated as of January 17, 2025, by and among Global Business Travel Group Inc., Cape Merger Sub I LLC, Cape Merger Sub II LLC, CWT Holdings, LLC and Redwood Drawdown Partners III, LLC, as Member Representative. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Global Business Travel Group, Inc. By: /s/ Eric J. Bock Name: Eric J. Bock Title: Chief Legal Officer, Global Head of M&A and Compliance and Corporate Secretary Date: January 17, 2025 4

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