Acquisitions (Tables)

3 Months Ended

Mar. 31, 2026

Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]

Schedule of Calculation of the Purchase Price Consideration Transferred

The following tables and related disclosures summarize the components of the purchase consideration transferred, the allocation of the assets acquired, and liabilities assumed based on the fair values as of April 1, 2025, and the related estimated useful lives of the amortizable intangible assets acquired.

Calculation of the purchase price consideration transferred (in thousands, except share data):


	April 1, 2025
Cash	$	318,859
Fair value of Restricted Shares of BGC Class A common stock (268,257 shares)	2,507
Other	3,634
Less: compensation arrangements with required future service periods	(15,717)
Total purchase price consideration transferred	$	309,283

Schedule of Recognized Identified Assets Acquired and Liabilities Assumed

Allocation of the assets acquired and the liabilities assumed in the OTC Global acquisition are as follows (in thousands):


	April 1, 2025
Cash and cash equivalents	$	23,394
Receivables from broker-dealers, clearing organizations, customers and related broker-dealers	716
Accrued commissions and other receivables, net	91,256
Loans, forgivable loans and other receivables from employees and partners, net	13,476
Fixed assets, net	3,752
Finite-lived intangible assets	219,200
Investments	838
Other assets	33,518
Total identifiable assets acquired	386,150
Accrued compensation	86,038
Accounts payable, accrued and other liabilities	103,223
Total liabilities assumed	189,261
Net identifiable assets acquired	196,889
Goodwill	112,394
Net assets acquired	$	309,283

- Definition

Tabular disclosure of business combination. Includes, but is not limited to, recognized asset and liability.

+ References + Details

BGC Group, Inc. 10-Q