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

Issuer:     REGIS CORP (RGS)
CIK:        0000716643
Form:       8-K/A
Filed at:   2025-03-07T23:59:59+00:00
Accession:  0000716643-25-000014
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Regis files Alline financials; acquisition cost $24.6M with $15M new term loan
------------------------------------------------------------------------------

- Regis acquired 100% of Alline (314 salons) for total consideration of $24.6M: $18.6M cash (net), $3.0M stock, up to $3.0M contingent earnout.
- Concurrent $15.0M term loan amendment added to Regis debt; proceeds used for acquisition consideration.
- Pro forma combined revenue for FY24 (Regis June + Alline Sept) would have been $275.1M vs Regis standalone $203.0M.
- Pro forma net income for FY24 would have been $90.8M (including $94.6M debt extinguishment gain) vs Regis standalone $91.1M.
- Goodwill of $16.6M recorded; preliminary purchase price allocation subject to revision.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716643/000071664325000014/0000716643-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716643/000071664325000014/rgs-20241219.htm
  HTML page:      https://secwatch.observer/filing/0000716643-25-000014

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