What is the main purpose of this 8-K filing?

The main purpose of this 8-K filing is to inform investors about the expected closing date of Intercontinental Exchange's (ICE) acquisition of Interactive Data Holdings Corporation and to announce the upcoming execution of a registration rights agreement.

What is a registration rights agreement in this context?

A registration rights agreement is a contract that obligates the company (ICE) to register the shares of its common stock that will be issued to the stockholders of the acquired company (Interactive Data) under the Securities Act of 1933. This allows those stockholders to eventually sell their shares in the public market.

What happens to the Interactive Data stockholders after the acquisition closes?

After the acquisition closes, Interactive Data stockholders will receive ICE common stock. The company is committed to registering this stock under the Securities Act of 1933, which is a necessary step for those shares to be traded publicly.

ICE 8-K SEC Disclosure — Dec 11, 2015

Q: When is the acquisition of Interactive Data expected to close?

Intercontinental Exchange expects the acquisition of Interactive Data Holdings Corporation to close on or around December 14, 2015.

Summary

Intercontinental Exchange, Inc. (ICE) has filed an 8-K report on December 10, 2015, to announce an update regarding its acquisition of Interactive Data Holdings Corporation. The company expects the acquisition to close on or around December 14, 2015, signifying a significant step towards the integration of Interactive Data's operations. Upon the consummation of the acquisition, ICE intends to enter into a registration rights agreement. This agreement will commit ICE to register the common stock to be issued to Interactive Data stockholders under the Securities Act of 1933, either on or immediately following the closing date. This action is crucial for providing liquidity and ensuring compliance for the new shareholders.

Key Highlights

1ICE announced the expected closing date for its acquisition of Interactive Data Holdings Corporation is on or around December 14, 2015.
2The acquisition of Interactive Data is a key strategic move for Intercontinental Exchange.
3A registration rights agreement will be executed upon closing.
4This agreement will obligate ICE to register common stock for Interactive Data stockholders.
5The registration of shares is expected to occur on or immediately following the closing date.
6The filing serves to update investors on the progress and expected timeline of the Interactive Data acquisition.

Intercontinental Exchange, Inc. 8-K Report, Corporate Update (Dec 11, 2015)

Summary

Key Highlights

Frequently Asked Questions