Gen Digital Inc. has completed its acquisition of MoneyLion Inc. in a cash and stock-tied transaction valued at $82 per share, along with a contingent value right (CVR) for each share.

The merger, finalized on April 17, 2025, makes MoneyLion a wholly owned subsidiary of Gen Digital.

As part of the agreement, MoneyLion shareholders received $82 in cash and one CVR per share, which may convert into Gen Digital stock if certain price conditions are met within two years. The deal was financed in part through a $750 million term loan secured by Gen Digital.

Following the merger, MoneyLion’s stock was delisted, and all outstanding equity awards were either converted, cashed out, or cancelled depending on their terms. The acquisition is intended to enhance Gen Digital’s expansion into digital financial services.