Company: DBRG
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001679688-25-000084
Chunk: 53

Company: DigitalBridge Group, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Item 1
Chunk 53
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 following inputs: (a) estimated volatility for DBRG's class A common stock of 44.3% (34.7% at December 31, 2024); (b) closing stock price of DBRG's class A common stock on the last trading day of the quarter; (c) the strike price for each warrant; (d) remaining term to expiration of the warrants; and (e) risk free rate of 3.95% per annum (4.21% per annum at December 31, 2024), derived from the daily U.S. Treasury yield curve rates to correspond to the remaining term to expiration of the warrants. Contingent ConsiderationIn connection with the acquisition of InfraBridge, contingent consideration is payable if prescribed fundraising targets are met. In measuring the contingent consideration at June 30, 2025 and December 31, 2024, the Company applied a probability-weighted approach to the likelihood of meeting various fundraising targets and discounted the estimated future contingent consideration payment at 6.7% and 7.3%, respectively, to derive a present value amount, classified as Level 3 of the fair value hierarchy. Changes in Level 3 Fair Value The following table presents changes in recurring Level 3 fair value assets held for investment. Realized and unrealized gains (losses) are included in other gain (loss).Level 3 AssetsLevel 3 LiabilitiesFair Value Option - Equity Method InvestmentsEquity Investment of Consolidated FundsDBRG Stock WarrantsInfraBridge Contingent Consideration(In thousands)Fair value at December 31, 2023$6,700 $416,614 $(39,200)$(11,338)Election of fair value option128,742 — — — Deconsolidation of sponsored funds— (393,614)— — Unrealized gain (loss) in earnings, net(2,490)— 3,000 1,838 Reclassification to equity— — 33,000 — Fair value at June 30, 2024$132,952 $23,000 $(3,200)$(9,500)Net unrealized gain (loss) in earnings on instruments held at June 30, 2024$(2,490)$— $5,900 $1,838  Fair value at December 31, 2024$137,154 $63,154 $(700)