{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-065902","form_type":"8-K","ticker":"WOR","cik":"0000108516","company_name":"WORTHINGTON ENTERPRISES, INC.","filed_at":"2024-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.225243+00:00","generated_at":"2026-06-01T07:35:36.953171+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Worthington to acquire Hexagon Ragasco for ~$98M; forms JV with Hexagon Composites for SES segment","bullets":["Acquisition of Hexagon Ragasco for ~$98M (plus earnout up to $9M or down to $5M); expected close June 3, 2024.","Ragasco had adjusted 2023 sales of ~$64M and EBITDA of $12.7M; ~130 employees in Norway.","Joint venture: Hexagon acquires 49% of Worthington's SES segment for ~$10M; Worthington holds 49%, management 2%.","One-time pre-tax loss estimated over $50M from JV formation; SES employs ~500 in Europe.","Transactions expand Worthington's cylinder manufacturing and clean energy positioning globally."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-065902","json":"https://secwatch.observer/filing/0000950170-24-065902.json","markdown":"https://secwatch.observer/filing/0000950170-24-065902.md","text":"https://secwatch.observer/filing/0000950170-24-065902.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/108516/000095017024065902/0000950170-24-065902-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/108516/000095017024065902/wor-20240529.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T07:35:36.953171+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}