secwatch.observer — SEC 8-K summary
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Issuer:     ASTEC INDUSTRIES INC (ASTE)
CIK:        0000792987
Form:       8-K/A
Filed at:   2025-09-10T23:59:59+00:00
Accession:  0000792987-25-000056
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astec provides TerraSource FY2024 audited financials; revenue $164.3M, net income $8.7M
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- TerraSource FY2024 revenue $164.3M; net income $8.7M; total assets $145.0M at Dec 31, 2024.
- Operating income $19.4M; cost of revenues $98.3M; gross margin 40.2%.
- Acquisition closed July 1, 2025; purchase agreement dated April 28, 2025; this 8-K/A adds required financial statements.
- Pro forma combined financials for FY2024 and Q1 2025 included as Exhibit 99.3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/792987/000079298725000056/0000792987-25-000056-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/792987/000079298725000056/aste-20250701.htm
  HTML page:      https://secwatch.observer/filing/0000792987-25-000056

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