secwatch.observer — SEC 8-K summary
======================================

Issuer:     Daseke, Inc. (—)
CIK:        0001642453
Form:       8-K
Filed at:   2024-04-02T23:59:59+00:00
Accession:  0000950170-24-040388
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Daseke completes $1.1B acquisition by TFI International; stockholders receive $8.30/share
--------------------------------------------------------------------------------

- Closing on April 1, 2024; each share of common stock converted into $8.30 cash.
- Total enterprise value approximately $1.1 billion, funded by TFI with cash and syndicated term loan.
- Common stock delisted from Nasdaq; company intends to file Form 15 to suspend SEC reporting.
- All directors and executive officers resigned effective at the merger close.
- Outstanding debt under term loan facility and revolving credit repaid and all liens released.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1642453/000095017024040388/0000950170-24-040388-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1642453/000095017024040388/dske-20240401.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-040388

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer