---
schema_version: "secwatch.filing_event.v1"
accession: "0000716643-22-000033"
form_type: "8-K"
ticker: "RGS"
cik: "0000716643"
company_name: "REGIS CORP"
filed_at: "2022-06-10T23:59:59+00:00"
generated_at: "2026-06-25T02:57:07.359738+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Regis to sell Opensalon Pro to Zenoti for up to $39M; Zenoti becomes sole tech platform

## Summary
- Total cash consideration up to $39M: $20M at closing (with $4M escrow and $5.2M holdback) plus $19M contingent on salon migration to Zenoti.
- Zenoti designated as exclusive salon technology platform for all Regis brands (5,000+ locations).
- Transaction expected to close before end of June 2022.
- Regis CEO says deal strengthens financial position and allows focus on core haircare services.
- Many Opensalon Pro team members expected to join Zenoti or remain at Regis.

## SEC filing metadata
- accession: 0000716643-22-000033
- form_type: 8-K
- ticker: RGS
- cik: 0000716643
- company_name: REGIS CORP
- filed_at: 2022-06-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/716643/000071664322000033/0000716643-22-000033-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/716643/000071664322000033/rgs-20220609.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000716643-22-000033
- JSON: https://secwatch.observer/filing/0000716643-22-000033.json
- Plain text: https://secwatch.observer/filing/0000716643-22-000033.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.