---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-007775"
form_type: "8-K"
ticker: "VNCE"
cik: "0001579157"
company_name: "VINCE HOLDING CORP."
filed_at: "2025-01-22T23:59:59+00:00"
generated_at: "2026-05-27T19:28:07.596949+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# P-180 acquires 65% stake in Vince Holding for ~$19.8M; debt reduced by $27M

## Summary
- P-180 acquired 8,481,318 shares (65%) from Sun Capital affiliates for ~$19.8M cash.
- Debt reduced by ~$27M: $15M ABL-funded paydown (applied to $20M sub-debt) and $7M forgiveness; $7.5M remains.
- Brendan Hoffman expected to become CEO effective on or around February 3, 2025; David Stefko steps down as interim CEO.
- Goodwill impairment testing triggered by change in control; potential non-cash charge may negatively impact results.
- Bylaws amended to give P-180 right to designate majority of Board, Chairman, and committee chairs while ownership >=30%.

## SEC filing metadata
- accession: 0000950170-25-007775
- form_type: 8-K
- ticker: VNCE
- cik: 0001579157
- company_name: VINCE HOLDING CORP.
- filed_at: 2025-01-22T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 1.02, 2.03, 5.01, 5.02, 5.03, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1579157/000095017025007775/0000950170-25-007775-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1579157/000095017025007775/vnce-20250122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-007775
- JSON: https://secwatch.observer/filing/0000950170-25-007775.json
- Plain text: https://secwatch.observer/filing/0000950170-25-007775.txt

## Key facts
- Executive change
  David Stefko departed as Interim Chief Executive Officer at VINCE HOLDING CORP..
  - Action: stepped down
  - Role: Interim Chief Executive Officer
  source text: David Stefko, a member of the Board currently serving as the Company’s Interim Chief Executive Officer, will step down as Interim Chief Executive Officer at that time.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579157/000095017025007775/0000950170-25-007775-index.htm
- Executive change
  Matthew Garff resigned as Director at VINCE HOLDING CORP..
  - Action: resigned
  - Role: Director
  source text: Matthew Garff resigned from the Company’s Board of Directors (the “Board”), including all committees thereof on which he served.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579157/000095017025007775/0000950170-25-007775-index.htm
- Executive change
  Brendan Hoffman was appointed as Chief Executive Officer at VINCE HOLDING CORP..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: Brendan Hoffman, co-founder and co-CEO of P-180, Inc., age 56, is expected to be appointed as the Company’s Chief Executive Officer effective on or around February 3, 2025, subject to mutual agreement on the terms of his employment.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1579157/000095017025007775/0000950170-25-007775-index.htm

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