{"schema_version":"secwatch.filing_event.v1","accession":"0000074046-24-000033","form_type":"8-K","ticker":"ODC","cik":"0000074046","company_name":"Oil-Dri Corp of America","filed_at":"2024-05-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.880801+00:00","generated_at":"2026-06-03T03:30:56.337112+00:00","sec_items":["2.01","2.03","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Oil-Dri closes $46M acquisition of Ultra Pet, expands into crystal cat litter","bullets":["Completed acquisition of Ultra Pet, a silica gel-based crystal cat litter supplier, for ~$46M cash on May 1, 2024.","Financed via $10M advance under BMO credit facility and $10M in 6.47% Series D Senior Notes due 2033 with PGIM/Prudential.","Integration to combine teams and expand in rapidly growing crystal cat litter segment; key leaders from both companies involved.","Q3 FY2024 earnings expected after market close on June 6, 2024; earnings discussion on June 7, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0000074046-24-000033","json":"https://secwatch.observer/filing/0000074046-24-000033.json","markdown":"https://secwatch.observer/filing/0000074046-24-000033.md","text":"https://secwatch.observer/filing/0000074046-24-000033.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/0000074046-24-000033-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/odc-20240501.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T03:30:56.337112+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"769ee9b8f35e23467fc780e898d287f5c7047db5","claim":"Oil-Dri Corp of America incurred senior notes of $10 million in aggregate principal amount with PGIM, Inc. at 6.47% maturing April 30, 2033.","evidence_excerpt":"issuance of $10 million in aggregate principal amount of 6.47% Series D Senior Notes due April 30, 2033 pursuant to the shelf facility provisions of the Company’s existing Amended and Restated Note Purchase and Private Shelf Agreement, as amended, with PGIM, Inc.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/0000074046-24-000033-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"senior notes"},{"label":"Principal","value":"$10 million in aggregate principal amount"},{"label":"Counterparty","value":"PGIM, Inc."},{"label":"Rate","value":"6.47%"},{"label":"Maturity","value":"April 30, 2033"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"948df0cd1303ff1a139e6a6ced07a6d285e46c9f","claim":"Oil-Dri Corp of America incurred credit facility of $10 million advance with BMO Bank N.A..","evidence_excerpt":"A portion of the Purchase Price was financed through a $10 million advance under the Company’s existing credit facility, as amended, with BMO Bank N.A.","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/0000074046-24-000033-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"$10 million advance"},{"label":"Counterparty","value":"BMO Bank N.A."},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0d21c4c6e3ac55b37c2a2b1087d81f091c2ee5a4","claim":"Oil-Dri Corp of America completed an acquisition involving Ultra Pet, LLC for approximately $46 million (closed 2024-05-01).","evidence_excerpt":"On May 1, 2024, the Company completed the Transaction and acquired the Shares. At the closing of the Transaction (the “Closing”), the Company paid Seller an aggregate cash consideration of approximately $46 million","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/0000074046-24-000033-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Ultra Pet, LLC"},{"label":"Consideration","value":"approximately $46 million"},{"label":"Closing","value":"2024-05-01"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}