---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-004256"
form_type: "8-K/A"
ticker: null
cik: "0001836176"
company_name: "Fathom Digital Manufacturing Corp"
filed_at: "2023-02-24T23:59:59+00:00"
generated_at: "2026-06-19T00:55:47.116188+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Fathom expands restructuring plan; expects $2.6M in charges, $19.5M annual savings

## Summary
- Expanded Optimization Plan includes closing Texas facility and additional 14% workforce reduction.
- Total pre-tax restructuring charges now estimated at $2.6M, up from $2.0M originally.
- Expected net pre-tax annualized cost savings increased to $19.5M from $5.5M.
- Cash expenditures for the plan expected to be ~$1.6M; implementation substantially complete by Q2 2023.
- Charges include $1.0M termination benefits, $1.0M equipment/inventory write-offs, $0.3M lease termination, $0.3M moving costs.

## SEC filing metadata
- accession: 0000950170-23-004256
- form_type: 8-K/A
- cik: 0001836176
- company_name: Fathom Digital Manufacturing Corp
- filed_at: 2023-02-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1836176/000095017023004256/0000950170-23-004256-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1836176/000095017023004256/fath-20230217.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-004256
- JSON: https://secwatch.observer/filing/0000950170-23-004256.json
- Plain text: https://secwatch.observer/filing/0000950170-23-004256.txt

## Key facts
- Restructurings & Charges
  Fathom Digital Manufacturing Corp announced a restructuring with charges of approximately $2.6 million affecting Texas location (reducing the Company's workforce by an additional 14%).
  - Type: restructuring
  - Charge: approximately $2.6 million
  - Affected area: Texas location
  - Headcount: reducing the Company's workforce by an additional 14%
  source text: On February 17, 2023, the Company committed to additional actions to continue and expand the Optimization Plan. These additional actions include closing and consolidating a location in Texas, reducing the Company's workforce by an additional 14%, and prioritizing investments and operations in line with near-term revenue generation. For committed restructuring activities under the expanded Optimization Plan, the Company now expects to incur total pre-tax restructuring charges of approximately $2.6 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1836176/000095017023004256/0000950170-23-004256-index.htm

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