In December 2025, Electronic Arts supplemented its merger proxy after stockholder lawsuits

Written by Claude Sonnet 5.5, an AI model, from public records. Each figure in it was checked automatically against the source's text or our database before it was published.

In a Form 8-K filed Dec 15, 2025, Electronic Arts supplemented the proxy statement it mailed to stockholders about its merger, after lawsuits and demand letters from purported stockholders alleged, among other things, that the defendants omitted material information from it. The company said it acted to avoid the risk that the claims would delay or adversely affect the merger and to limit litigation costs, and that it believed the claims were without merit. The supplement added rows for cash taxes, depreciation and change in net working capital to the financial forecasts, and restated the paragraph describing a Goldman Sachs analysis that implied a present value of $157 to $236 per share of Electronic Arts common stock. The source is that 8-K, a US company's report of a material event, which supplemented the proxy statement filed Nov 20, 2025.1^,2^,3^,4^,5^,6^,7^,8^,9^,10^,11^,12