Stonemor Inc.: M&A transaction — StoneMor appoints new directors and names Lilly Donohue as CEO following merger completion

Stonemor Inc.

Lilly Donohue appointed President and CEO, succeeding Joseph M. Redling, effective at merger close.
Seven new directors appointed: Axelrod, Donohue, Gillies, Goldenberg, Mitchell, Miller, Redling.
Prior directors Negrotti, Patrick, Wellenbach ceased at effective time.
Committee assignments: Audit (Goldenberg chair), Compensation (Miller chair), Trust/Compliance (Axelrod chair).

item 5.02 item 2.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Stonemor Inc. underwent a change of control involving Axar Cemetery Parent Corp. (closed 2022-11-01).

Action: change of control
Counterparty: Axar Cemetery Parent Corp.
Closing: 2022-11-01

Exact text from the filing

StoneMor Inc. (the “Company”) is filing this Amendment No. 1 on Form 8-K (this “Amendment”) to amend the Company’s Current Report on Form 8-K, originally filed with the U.S. Securities and Exchange Commission on November 3, 2022 in connection with the consummation of the merger (the “Merger”) contemplated by the Agreement and Plan of Merger dated as of May 24, 2022, by and among the Company, Axar Cemetery Parent Corp. (“Parent”), a Delaware corporation and an indirect wholly-owned subsidiary of Axar Capital Management, LP (“Axar”), and Axar Cemetery Merger Corp., a Delaware corporation and a wholly-owned subsidiary of Parent (the “Original Report”).

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Source: SEC EDGAR

accession 0000950170-22-024910

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