secwatch.observer — SEC 8-K summary
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Issuer:     ROLLINS INC (ROL)
CIK:        0000084839
Form:       8-K
Filed at:   2023-09-11T23:59:59+00:00
Accession:  0000084839-23-000068
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rollins secondary offering closes: 44.5M shares sold by LOR at $35; company buys back 8.7M shares for ~$300M
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- Secondary offering of 44,509,814 shares by LOR, Inc. at $35.00 per share; company received no proceeds.
- Company repurchased 8,724,100 shares for ~$300 million at the same price as the offering.
- Selling stockholder LOR, Inc. entered a 365-day lock-up agreement from pricing date.
- Goldman Sachs & Morgan Stanley acted as joint book-running managers; offering closed Sept 11, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/84839/000008483923000068/0000084839-23-000068-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/84839/000008483923000068/rol-20230906.htm
  HTML page:      https://secwatch.observer/filing/0000084839-23-000068

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