{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-23-054135","form_type":"8-K","ticker":"SKY","cik":"0000090896","company_name":"Champion Homes, Inc.","filed_at":"2023-10-19T23:59:59+00:00","discovered_at":"2026-05-14T18:03:32.357914+00:00","generated_at":"2026-06-09T21:29:01.177674+00:00","sec_items":["1.01","2.01","2.03","3.02","5.02","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Skyline Champion closes acquisition of Regional Homes for ~$313M net cash plus $93M assumed debt","bullets":["Purchase price approx. $313M net of cash acquired; assumed debt of $93M primarily floor plan liabilities.","Issued 379,248 shares to Sellers and 75,850 shares to Dana Jenkins, totaling $30M in stock.","Heath Jenkins appointed President, Retail Operations, effective October 13, 2023.","Transaction includes earnout provision and customary working capital adjustments.","Skyline Champion funded the deal with cash on hand and $30M in common stock."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-23-054135","json":"https://secwatch.observer/filing/0000950170-23-054135.json","markdown":"https://secwatch.observer/filing/0000950170-23-054135.md","text":"https://secwatch.observer/filing/0000950170-23-054135.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/sky-20231013.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T21:29:01.177674+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0a5a6d4b27e58a44f0bab6362d3f43fd48e367a7","claim":"Champion Homes, Inc. incurred loan of available credit of $75,000,000 with Regional Enterprises, LLC and Triad Financial Services, Inc..","evidence_excerpt":"CRH became the guarantor under the loan agreement with Regional Enterprises, LLC and Triad Financial Services, Inc., with available credit of $75,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"available credit of $75,000,000"},{"label":"Counterparty","value":"Regional Enterprises, LLC and Triad Financial Services, Inc."},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"71cfdd09dd8045b3f8bd26e838746c8d84b6951d","claim":"Champion Homes, Inc. incurred loan of available credit of $45,000,000 with Regional Enterprises, LLC and Northpoint Commercial Finance LLC.","evidence_excerpt":"Skyline Champion and CHB became the guarantors under the loan agreement with Regional Enterprises, LLC and Northpoint Commercial Finance LLC, with available credit of $45,000,000","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.9,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"loan"},{"label":"Principal","value":"available credit of $45,000,000"},{"label":"Counterparty","value":"Regional Enterprises, LLC and Northpoint Commercial Finance LLC"},{"label":"Event","value":"incurrence"}],"fact_type":"debt_financing"},{"claim_id":"0706d5ffb2","claim":"Heath Jenkins was appointed as President, Retail Operations at Champion Homes, Inc..","evidence_excerpt":"On the Closing Date, the board of directors of Skyline Champion appointed Heath Jenkins as President, Retail Operations, of Skyline Champion, effective as of the Closing Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"President, Retail Operations"}],"fact_type":"executive_change"},{"claim_id":"23d1352806bd46874acc464e746d6a8e86ff0464","claim":"Champion Homes, Inc. completed an acquisition involving Regional Holdings Corporation, Regional Underwriters, Inc., Heath Jenkins, Dana Jenkins for approximately $313,000,000, net of cash acquired, plus assumed debt, primarily related to inventory floor plan liabilities, of $93,000,000 (closed 2023-10-13).","evidence_excerpt":"being a “Regional Home Company”) from the Sellers and Dana Jenkins (collectively, the “Transaction”). On the Closing Date, Skyline, through Buyers, paid to Sellers approximately $313,000,000, net of cash acquired, plus assumed debt, primarily related to inventory floor plan liabilities, of $93,000,000. In addition, the Company issued 379,248 shares of common stock in","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"acquisition"},{"label":"Counterparty","value":"Regional Holdings Corporation, Regional Underwriters, Inc., Heath Jenkins, Dana Jenkins"},{"label":"Consideration","value":"approximately $313,000,000, net of cash acquired, plus assumed debt, primarily related to inventory floor plan liabilities, of $93,000,000"},{"label":"Closing","value":"2023-10-13"}],"fact_type":"ma_transaction"},{"claim_id":"38cdd3531f9ce7887b9e048c2b64317aabae3004","claim":"Champion Homes, Inc. entered into Release Agreement with the Sellers and Dana Jenkins (effective 2023-10-13).","evidence_excerpt":"the Sellers and Dana Jenkins entered into that certain Release Agreement, dated as of October 13, 2023 (the “Release Agreement\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"settlement"},{"label":"Counterparty","value":"the Sellers and Dana Jenkins"},{"label":"Effective","value":"2023-10-13"}],"fact_type":"material_agreement"},{"claim_id":"6b43a1f4f8a4ec4488a0e34e1ade5fa57cf8baed","claim":"Champion Homes, Inc. entered into Amendment No. 1 to Securities Purchase Agreement and Company Disclosure Schedule with Regional Homes sellers and Impact Software, LLC (effective 2023-10-13).","evidence_excerpt":"the parties thereto entered into that certain Amendment No. 1 to Securities Purchase Agreement and Company Disclosure Schedule, dated as of October 13, 2023 (the “Purchase Agreement Amendment\")","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Regional Homes sellers and Impact Software, LLC"},{"label":"Effective","value":"2023-10-13"}],"fact_type":"material_agreement"},{"claim_id":"7f629831d132c245bca6fa8a8dc50e112ae595d8","claim":"Champion Homes, Inc. entered into Restrictive Covenant Agreement with Skyline Champion, Buyers and certain of Sellers’ affiliates (the “Restricted Parties\") (effective 2023-10-13).","evidence_excerpt":"Skyline Champion, Buyers and certain of Sellers’ affiliates (the “Restricted Parties\") entered into that certain Restrictive Covenant Agreement, dated as of October 13, 2023","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/90896/000095017023054135/0000950170-23-054135-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"Skyline Champion, Buyers and certain of Sellers’ affiliates (the “Restricted Parties\")"},{"label":"Effective","value":"2023-10-13"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}