Summary
Intercontinental Exchange, Inc. (ICE) filed a Form 8-K on December 21, 2015, primarily to report an update to its Registration Statement on Form S-3. This supplement, filed under the Securities Act of 1933, concerns the resale of up to 1,124 additional shares of ICE common stock. These shares were issued as consideration for the acquisition of Interactive Data Holdings Corporation. The filing also includes a legal opinion from Sullivan & Cromwell LLP supporting the issuance and resale of these shares.
Key Highlights
- 1ICE filed a supplement to its Form S-3 Registration Statement on December 21, 2015.
- 2The supplement relates to the resale of up to 1,124 additional shares of ICE common stock.
- 3These shares were issued as part of the consideration for the acquisition of Interactive Data Holdings Corporation.
- 4The filing includes a legal opinion from Sullivan & Cromwell LLP.
- 5The legal opinion is incorporated by reference into the Registration Statement.
- 6The purpose is to allow selling stockholders to resell shares received in the Interactive Data acquisition.
Frequently Asked Questions
The main purpose of this 8-K filing is to report the filing of a supplement to ICE's existing Form S-3 Registration Statement. This supplement pertains to the resale of additional shares of common stock issued in connection with the acquisition of Interactive Data Holdings Corporation.
The filing relates to the resale of up to an additional 1,124 shares of Intercontinental Exchange, Inc. common stock.
The acquisition mentioned is that of Interactive Data Holdings Corporation, which was acquired by ICE through a merger involving a wholly owned subsidiary, Red Merger Sub Inc.
A legal opinion from Sullivan & Cromwell LLP is being filed as an exhibit to provide assurance regarding the legality of the shares being registered for resale. This opinion is incorporated by reference into the Registration Statement.