secwatch.observer — SEC 8-K summary
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Issuer:     MASIMO CORP (MASI)
CIK:        0000937556
Form:       8-K
Filed at:   2025-09-29T23:59:59+00:00
Accession:  0000937556-25-000151
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Masimo completes sale of consumer audio business to Harman for ~$328M cash; repays $270M Term Loan
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- Sold Sound United (consumer audio) to Harman on Sept 23, 2025 for net cash ~$328M.
- Used proceeds to repay $270M Term Loan plus $1.1M accrued interest.
- Pro forma 2024 revenue would be $1.4B vs as-reported $2.1B after divestiture.
- Estimated loss on sale of $178.4M recorded in retained earnings in pro forma balance sheet.
- Pro forma 2024 net income $27.2M vs as-reported net loss of $304.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/937556/000093755625000151/0000937556-25-000151-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/937556/000093755625000151/masi-20250923.htm
  HTML page:      https://secwatch.observer/filing/0000937556-25-000151

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