secwatch.observer — SEC 8-K summary
======================================

Issuer:     REGAL REXNORD CORP (RRX)
CIK:        0000082811
Form:       8-K/A
Filed at:   2023-06-05T23:59:59+00:00
Accession:  0000082811-23-000127
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regal Rexnord completes Altra acquisition, reveals pro forma Q1 2023 net loss of $29M
--------------------------------------------------------------------------------

- Acquired Altra for $62.00/share cash; transaction closed March 27, 2023.
- Issued $4.7B total debt: four tranches of Senior Notes ($1.1B-$1.25B each) plus $840M term loan.
- Pro forma combined Q1 2023 net sales $1,675M; net loss attributable to common $29.3M; diluted EPS $(0.44).
- Pro forma combined FY2022 net income $219M; diluted EPS $3.26; net sales $7,163M.
- Preliminary purchase price allocation subject to change; goodwill expected.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/82811/000008281123000127/0000082811-23-000127-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/82811/000008281123000127/rrx-20230327.htm
  HTML page:      https://secwatch.observer/filing/0000082811-23-000127

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer