---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-026865"
form_type: "8-K"
ticker: "HKHC"
cik: "0000088000"
company_name: "Horizon Kinetics Holding Corp"
filed_at: "2022-12-21T23:59:59+00:00"
generated_at: "2026-06-21T01:14:04.414589+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Scott's Liquid Gold sells Prell shampoo/conditioner assets to AFAM Concept; amends credit agreement

## Summary
- Sold Prell product line (shampoo and conditioner) to AFAM Concept, Inc. on December 15, 2022.
- Net sale proceeds, including future Prell royalty payments, must be paid to UMB Bank to reduce revolving loans.
- Borrowing base under loan agreement amended; Prell Sale Reserve of $339,000 established.
- Purchase price not disclosed in filing; sale executed via Asset Purchase Agreement.

## SEC filing metadata
- accession: 0000950170-22-026865
- form_type: 8-K
- ticker: HKHC
- cik: 0000088000
- company_name: Horizon Kinetics Holding Corp
- filed_at: 2022-12-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88000/000095017022026865/0000950170-22-026865-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88000/000095017022026865/slgd-20221215.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-026865
- JSON: https://secwatch.observer/filing/0000950170-22-026865.json
- Plain text: https://secwatch.observer/filing/0000950170-22-026865.txt

## Key facts
- M&A Transactions
  Horizon Kinetics Holding Corp completed a disposition involving AFAM Concept, Inc (closed 2022-12-15).
  - Action: disposition
  - Counterparty: AFAM Concept, Inc
  - Closing: 2022-12-15
  source text: The transactions contemplated by the Purchase Agreement were consummated on December 15, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88000/000095017022026865/0000950170-22-026865-index.htm
- Material Agreements
  Horizon Kinetics Holding Corp entered into Asset Purchase Agreement with AFAM Concept, Inc (effective 2022-12-15).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: AFAM Concept, Inc
  - Effective: 2022-12-15
  source text: On December 15, 2022, Neoteric Cosmetics, Inc., a Colorado corporation, (“Neoteric”) and wholly owned subsidiary of Scott’s Liquid Gold Inc., entered into an Asset Purchase Agreement (the “Purchase Agreement”) with AFAM Concept, Inc, an Illinois corporation (“Buyer”), pursuant to which the Company agreed to sell to Buyer all of Neoteric’s right, title and interest in and to certain assets of the Prell® product line, which includes shampoo and conditioner (the “Business”), together with certain obligations and liabilities relating to the Business.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88000/000095017022026865/0000950170-22-026865-index.htm
- Material Agreements
  Horizon Kinetics Holding Corp amended Consent and Sixth Amendment to Loan and Security Agreement with UMB Bank, N.A. (effective 2022-12-15).
  - Action: amendment
  - Agreement: credit facility
  - Counterparty: UMB Bank, N.A.
  - Effective: 2022-12-15
  source text: On December 15, 2022, Scott’s Liquid Gold-Inc., a Colorado corporation (the “Company”), entered into the Consent and Sixth Amendment to Loan and Security Agreement (the “Amendment”), amending its Loan and Security Agreement with UMB Bank, N.A., dated July 1, 2020 (as previously amended, the “Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/88000/000095017022026865/0000950170-22-026865-index.htm

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