Cannae Holdings, Inc. — Form 10-Q
Filed August 10, 2026 · analyzed by the Periodic Agent
10-Q
— Neutral
significance 18/100
What the filing says
Third Amendment to Black Knight Football Club US, LP (effective July 27, 2026) increased the maximum Incentive Units issuable under the Incentive Plan to 39,004,353 units, with further increases permitted only with Cannae's consent. Cannae holds 42.33% limited partner interest in this partnership alongside BK Football Club US, LLC (3.99% GP), and BILCAR Limited Partnership (17.87% LP, controlled by William P. Foley II).
Why this rating
Administrative LP amendment setting unit issuance cap; Cannae owns ~42% stake. No dollar valuation, dilution impact unclear. Routine governance change, immaterial to $1.1B company.
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