secwatch.observer — SEC 8-K summary
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Issuer:     ADAMS RESOURCES & ENERGY, INC. (—)
CIK:        0000002178
Form:       8-K
Filed at:   2025-02-04T23:59:59+00:00
Accession:  0000002178-25-000022
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Adams Resources & Energy completes merger with ARE Equity for $38/share
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- Merger closed Feb 4, 2025; shareholders receive $38.00 per share in cash.
- Total merger consideration approximately $102 million.
- Credit agreement for up to $80M entered to fund portion of consideration.
- All prior directors resigned; Todd P. Sullivan, William W. Sullivan, John R. Sullivan appointed.
- Common stock delisted from NYSE American; company to deregister under Exchange Act.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2178/000000217825000022/0000002178-25-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2178/000000217825000022/ae-20250204.htm
  HTML page:      https://secwatch.observer/filing/0000002178-25-000022

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