---
schema_version: "secwatch.filing_event.v1"
accession: "0000866273-22-000032"
form_type: "8-K"
ticker: "MTRX"
cik: "0000866273"
company_name: "MATRIX SERVICE CO"
filed_at: "2022-06-17T23:59:59+00:00"
generated_at: "2026-06-25T01:04:10.766448+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Matrix Service enters $37.6M agreement to sell Orange CA facilities, lease back up to 24 months

## Summary
- Purchase and Sale Agreement for Orange CA facilities with $37.6M purchase price, closing June 22, 2022.
- After closing, Matrix Service will lease back facilities for 15 months with option to extend up to 24 months total.
- Sale driven by increased Southern California real estate market and favorable tax treatment.
- Company plans to relocate west coast operations to new facility within lease period.

## SEC filing metadata
- accession: 0000866273-22-000032
- form_type: 8-K
- ticker: MTRX
- cik: 0000866273
- company_name: MATRIX SERVICE CO
- filed_at: 2022-06-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/866273/000086627322000032/0000866273-22-000032-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/866273/000086627322000032/mtrx-20220613.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000866273-22-000032
- JSON: https://secwatch.observer/filing/0000866273-22-000032.json
- Plain text: https://secwatch.observer/filing/0000866273-22-000032.txt

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