secwatch.observer — SEC 8-K summary
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Issuer:     Fathom Digital Manufacturing Corp (—)
CIK:        0001836176
Form:       8-K
Filed at:   2024-01-25T23:59:59+00:00
Accession:  0000950170-24-007184
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 2.05, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fathom Digital Manufacturing to close Miami Lakes facility; expects $3.2M in pre-tax charges
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- Board authorized closure of Miami Lakes, FL facility due to persistent profitability challenges.
- Expected pre-tax charges of ~$3.2M: $0.6M severance, $2.4M asset write-down, $0.2M other costs.
- Cash expenditure for closure estimated at ~$0.8M; facility lease expires March 2024.
- Approximately 50 employees affected; closure substantially complete by end of Q2 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1836176/000095017024007184/0000950170-24-007184-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1836176/000095017024007184/fath-20240119.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-007184

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