secwatch.observer — SEC 8-K summary
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Issuer:     Oil-Dri Corp of America (ODC)
CIK:        0000074046
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000074046-24-000033
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 2.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Oil-Dri closes $46M acquisition of Ultra Pet, expands into crystal cat litter
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/0000074046-24-000033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74046/000007404624000033/odc-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000074046-24-000033

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