Close the transaction to transfer the Classifieds business to Adevinta

Delivered after the deadline (85 days after the deadline)

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced: 28 Jul 2020
Due: 31 Mar 2021
Delivered: 24 Jun 2021

Deadline
Met
Late
Not met
Today

What the company said

“The transaction is expected to close by Q1 2021, subject to approval of Adevinta stockholders and other customary conditions.”

SourceeBay Inc. Form 8-K press release, 2020-07-28
FilingSEC filing index
Deadline as statedby Q1 2021
Deadline used31 Mar 2021, the last day of the stated period
TypeTransaction
Permanent referenceKI-C-2020-EBAY-012653
Cite as https://keptindex.org/c/KI-C-2020-EBAY-012653/ — this address never changes.

What we found

Evidence strength A What the grades mean

eBay announced an expected closing date of Q1 2021, but the transaction to transfer its Classifieds business to Adevinta was not completed until June 24, 2021.

A
eBay Inc. 10-Q filed 2021-08-12 Regulatory filing · published 12 Aug 2021 · retrieved 17 Oct 2026 · kept permanently by the SEC · fingerprint aa2e75617108
“On June 24, 2021, we completed the previously announced transfer of our Classifieds business to Adevinta ASA” ✓ confirmed on the page

Market reaction: the shares moved +9.9% against the S&P 500 over the three sessions around the disclosure (11 Aug 2021 to 16 Aug 2021). What this measures

Checked 17 Oct 2026.

Commitment lineage

Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.

2 versions

Version 1 · original · stated 28 Jul 2020

Deadline 31 Mar 2021 (“by Q1 2021”) · wording expected
Version 2 · stated 28 Oct 2020

Deadline 31 Mar 2021 (“in Q1 2021”) · wording firm

“The company remains on track to complete the transfer of its Classifieds business to Adevinta in Q1 2021, subject to regulatory approvals.”
Source for this version

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type: Acquisition close
Indicative materiality: High rules
Action: Close
Deliverable: Classifieds business transfer to Adevinta
Language: Expected (“expects”, “plans”)
In the company’s control: Medium
Specificity: High
Conditional: Yes: approval of Adevinta stockholders; customary conditions
Depends on: Shareholder, Regulatory

How this entry was checked

Commitment recordedThe company's words were matched word for word against the filing.
First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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