secwatch.observer — SEC 8-K summary
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Issuer:     COVENANT LOGISTICS GROUP, INC. (CVLG)
CIK:        0000928658
Form:       8-K/A
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001008886-23-000220
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Covenant Logistics files audited 2022 financials for acquired Lew Thompson & Son: $64.6M revenue, $16.3M net income
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- Audited combined revenue of $64.6M for year ended Dec 31, 2022; net income of $16.3M.
- Total assets $51.4M; stockholders' equity $47.3M; operating cash flow $18.1M.
- Lew Thompson & Son operates as dedicated poultry feed and live haul carrier with two customers representing 87% of 2022 revenue.
- Acquisition completed on April 26, 2023; this amendment provides required historical financial statements.
- Pro forma financials and unaudited Q1 2023 results also filed as exhibits.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928658/000100888623000220/0001008886-23-000220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928658/000100888623000220/form8ka.htm
  HTML page:      https://secwatch.observer/filing/0001008886-23-000220

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