secwatch / observer
8-K filed April 16, 2024, 7:59 PM ET ticker ODC CIK 0000074046
M&A confidence high sentiment positive materiality 0.75

Oil-Dri to acquire crystal cat litter maker Ultra Pet for $46M in cash

Oil-Dri Corp of America

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Oil-Dri Corp of America entered into Seventh Amendment to Credit Agreement with BMO Bank N.A. (effective 2024-04-16).

Action
entry
Agreement
credit facility
Counterparty
BMO Bank N.A.
Effective
2024-04-16
Exact text from the filing
7 to the BMO Credit Agreement In connection with the Transaction, on April 16, 2024, the Company entered into the Seventh Amendment to Credit Agreement (the “Seventh Amendment”), which amends that certain Credit Agreement, dated as of January 27, 2006, as amended (the “Credit Agreement”), among BMO Bank N.A.
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Oil-Dri Corp of America entered into Purchase Agreement with Ultra Pet, LLC, Ultra Pet Company, Inc., and certain equityholders of Seller valued at approximately $46 million (effective 2024-04-16).

Action
entry
Agreement
asset purchase
Counterparty
Ultra Pet, LLC, Ultra Pet Company, Inc., and certain equityholders of Seller
Value
approximately $46 million
Effective
2024-04-16
Exact text from the filing
Stock Purchase Agreement On April 16, 2024, Oil-Dri Corporation of America, a Delaware corporation (the “Company”), entered into a Stock Purchase Agreement (the “Purchase Agreement”) with Ultra Pet, LLC, a Delaware limited liability company (“Seller”), Ultra Pet Company, Inc., a Delaware corporation (“Ultra Pet”), and certain equityholders of Seller set forth on the signature page thereto (“Seller’s Equityholders”), pursuant to which the Company has agreed to purchase all of the issued and outstanding shares of capital stock of Ultra Pet (the “Shares”) from Seller (the “Transaction”).
View on SEC.gov

324 material agreements filed in the last 30 days. Browse all material agreements →

Oil-Dri Corp of America filing history →

Source: SEC EDGAR
accession 0000074046-24-000029
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.