Close the acquisition of Afterpay Limited by way of a court-approved scheme of arrangement
Delivered by 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
- 2 Aug 2021
- Due
- 31 Mar 2022
- Delivered
- 31 Jan 2022
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The closing of the transaction is expected in the first quarter of calendar year 2022, subject to the satisfaction of certain closing conditions outlined below.”
What we found
Evidence strength A What the grades mean
The 10-Q filed 2022-05-05 states the Afterpay acquisition was completed on January 31, 2022, before the end of Q1 2022.
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A Block, Inc. 10-Q filed 2022-05-05
“On January 31, 2022, the Company completed the acquisition of Afterpay Limited” ✓ confirmed on the page
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A Block, Inc. 10-Q filed 2022-05-05
“On January 31, 2022, we closed the acquisition of Afterpay and assumed Afterpay's outstanding convertible notes” ✓ confirmed on the page
Market reaction: the shares moved -14.3% against the S&P 500 over the three sessions around the disclosure (4 May 2022 to 9 May 2022). What this measures
Checked 11 Oct 2026.
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
- Acquisition of Afterpay Limited
- Language
- Expected (“expects”, “plans”)
- In the company’s control
- Medium
- Specificity
- High
- Conditional
- Yes: subject to the satisfaction of certain closing conditions; receipt of required regulatory approvals; approval of shareholders of both companies
- Depends on
- Regulatory, Shareholder, Counterparty
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Gemini (Google), 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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Report an error in this entry Reference: KI-C-2021-XYZ-007163 · Corrections policy