---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-026146"
form_type: "8-K"
ticker: "HLIO"
cik: "0001024795"
company_name: "HELIOS TECHNOLOGIES, INC."
filed_at: "2023-06-02T23:59:59+00:00"
generated_at: "2026-06-14T07:53:24.694981+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Helios acquires i3 Product Development for cash and stock; expects immediate EPS accretion

## Summary
- Acquired i3 Product Development, a custom engineering firm with 55+ engineers, on May 26, 2023.
- Consideration includes cash and 370,276 shares of HLIO common stock issued in private placement under Section 4(a)(2).
- Acquisition expected to be immediately accretive to earnings; other terms not disclosed.
- At June 1 annual meeting, shareholders elected three directors, ratified Grant Thornton as auditor, approved say-on-pay annually and 2023 equity incentive plan.

## SEC filing metadata
- accession: 0000950170-23-026146
- form_type: 8-K
- ticker: HLIO
- cik: 0001024795
- company_name: HELIOS TECHNOLOGIES, INC.
- filed_at: 2023-06-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.02, 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/0000950170-23-026146-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/hlio-20230526.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-026146
- JSON: https://secwatch.observer/filing/0000950170-23-026146.json
- Plain text: https://secwatch.observer/filing/0000950170-23-026146.txt

## Key facts
- Shareholder Votes
  HELIOS TECHNOLOGIES, INC. shareholders approved Ratification of the Appointment of Independent Registered Public Accounting Firm at the 2023-06-01 meeting.
  - Proposal: auditor ratification
  - Outcome: passed
  - Meeting: 2023-06-01
  source text: For 30,342,354 Against 138,393 Abstain 3,479 Broker Non-Votes N/A
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/0000950170-23-026146-index.htm
- Shareholder Votes
  HELIOS TECHNOLOGIES, INC. shareholders approved Election of Directors Laura Dempsey Brown, Cariappa Chenanda and Alexander Schuetz at the 2023-06-01 meeting.
  - Proposal: director election
  - Outcome: passed
  - Meeting: 2023-06-01
  source text: Director For Against Withhold Broker Non-Votes Laura Dempsey Brown 28,712,878 924,306 13,990 833,052 Cariappa Chenanda 28,584,741 1,053,778 12,655 833,052 Alexander Schuetz 27,704,257 1,934,195 12,722 833,052
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/0000950170-23-026146-index.htm
- Shareholder Votes
  HELIOS TECHNOLOGIES, INC. shareholders approved Advisory Vote on Executive Compensation at the 2023-06-01 meeting.
  - Proposal: say on pay
  - Outcome: passed
  - Meeting: 2023-06-01
  source text: For 23,018,569 Against 6,393,296 Abstain 238,866 Broker Non-Votes 833,495
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/0000950170-23-026146-index.htm
- Shareholder Votes
  HELIOS TECHNOLOGIES, INC. shareholders approved Approval of the 2023 Equity Incentive Plan at the 2023-06-01 meeting.
  - Proposal: equity plan
  - Outcome: passed
  - Meeting: 2023-06-01
  source text: For 28,814,207 Against 818,788 Abstain 8,179 Broker Non-Votes 843,052
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/0000950170-23-026146-index.htm
- Shareholder Votes
  HELIOS TECHNOLOGIES, INC. shareholders approved Advisory Vote on the Frequency of an Advisory Vote to Approve Named Executive Officer Compensation at the 2023-06-01 meeting.
  - Proposal: say on pay frequency
  - Outcome: passed
  - Meeting: 2023-06-01
  source text: 1 Year 28,497,930 2 Years 16,496 3 Years 1,131,226 Abstain 5,162 Broker Non-Votes 833,412
  evidence_url: https://www.sec.gov/Archives/edgar/data/1024795/000095017023026146/0000950170-23-026146-index.htm

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