---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-032285"
form_type: "8-K"
ticker: "HKHC"
cik: "0000088000"
company_name: "Horizon Kinetics Holding Corp"
filed_at: "2023-07-07T23:59:59+00:00"
generated_at: "2026-06-13T11:24:11.362476+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Scott's Liquid Gold sells Alpha Skin Care and BIZ assets for $4.8M total; terminates La Plata loan

## Summary
- Alpha Skin Care asset sale: $0.5M paid at signing, $2.2M due at closing (deadline July 31, 2023).
- BIZ asset sale closed July 7, 2023 for $2.1M; $1.5M paid at execution, remainder subject to inventory adjustment.
- Loan Agreement with La Plata Capital terminated and paid in full on July 7, 2023.
- Both sales involve wholly owned subsidiaries; Alpha sale not yet closed as of filing date.

## SEC filing metadata
- accession: 0000950170-23-032285
- form_type: 8-K
- ticker: HKHC
- cik: 0000088000
- company_name: Horizon Kinetics Holding Corp
- filed_at: 2023-07-07T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 1.02, 2.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/88000/000095017023032285/0000950170-23-032285-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/88000/000095017023032285/slgd-20230630.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-032285
- JSON: https://secwatch.observer/filing/0000950170-23-032285.json
- Plain text: https://secwatch.observer/filing/0000950170-23-032285.txt

## Key facts
- M&A Transactions
  Horizon Kinetics Holding Corp completed a disposition involving Commercial Brands LLC for $2.1 million (closed 2023-07-07).
  - Action: disposition
  - Counterparty: Commercial Brands LLC
  - Consideration: $2.1 million
  - Closing: 2023-07-07
  source text: relating to the BIZ Business. The transactions contemplated by the BIZ Purchase Agreement were consummated onJuly 7, 2023 (the “BIZ Asset Sale”). The consideration due to SLG is $2.1 million, with $1.5 million paid upon execution of the BIZ Purchase Agreement, and the remaining amount payable subject to final adjustment based on actual inventory at the time of
  evidence_url: https://www.sec.gov/Archives/edgar/data/88000/000095017023032285/0000950170-23-032285-index.htm
- Material Agreements
  Horizon Kinetics Holding Corp entered into Alpha Purchase Agreement with Alpha Skin LLC valued at 0.5 million paid upon execution, additional 2.2 million due at closing (effective 2023-06-30).
  - Action: entry
  - Agreement: asset purchase
  - Counterparty: Alpha Skin LLC
  - Value: 0.5 million paid upon execution, additional 2.2 million due at closing
  - Effective: 2023-06-30
  source text: Item 1.01 Entry into a Material Definitive Agreement. Sale of Alpha Skin Care Assets Effective June 30, 2023, Scott’s Liquid Gold-Inc., a Colorado corporation (the “Company”), and Neoteric Cosmetics, Inc., a Colorado corporation and wholly owned subsidiary of the Company ( “Neoteric”), entered into an Asset Purchase Agreement (the “Alpha Purchase Agreement”) with Alpha Skin LLC, a limited liability company organized and existing under the laws of the State of New York (the “Alpha Buyer”), pursuant to which Neoteric and the Company agreed to sell to the Alpha Buyer all of their respective rights, title and interests in and to certain assets of the Alpha ® Skin Care product line (the “Alpha Skin Care Business”), together with certain obligations and liabilities relating to the Alpha Skin Care Business (the “Alpha Asset Sale”). The transactions contemplated by the Alpha Purchase Agreement are subject to customary conditions and closing deliveries by both Neoteric and the Alpha Buyer. The
  evidence_url: https://www.sec.gov/Archives/edgar/data/88000/000095017023032285/0000950170-23-032285-index.htm
- Material Agreements
  Horizon Kinetics Holding Corp terminated La Plata Loan Agreement with La Plata Capital, LLC valued at term loans paid in full (effective 2023-07-07).
  - Action: termination
  - Agreement: credit facility
  - Counterparty: La Plata Capital, LLC
  - Value: term loans paid in full
  - Effective: 2023-07-07
  source text: Item 1.02 Termination of a Material Definitive Agreement. On July 7, 2023, the Company terminated its Loan Agreement dated November 9, 2021, with La Plata Capital, LLC (as amended, the “La Plata Loan Agreement”). The term loans under the La Plata Loan Agreement were paid in full on July 7, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/88000/000095017023032285/0000950170-23-032285-index.htm

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