secwatch.observer — SEC 8-K summary
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Issuer:     AMCON DISTRIBUTING CO (DIT)
CIK:        0000928465
Form:       8-K
Filed at:   2022-05-05T23:59:59+00:00
Accession:  0001104659-22-056446
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

AMCON gains control of Team Sledd LLC, ownership rises to 56%, consolidation ahead
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- On May 2, 2022, Team Sledd redeemed additional membership interests from Sledd, giving AMCON control.
- AMCON now holds 56% ownership; Sledd holds 44% in the wholesale distributor.
- AMCON will fully consolidate Team Sledd's financial results in future periods.
- Previously accounted for as an equity method investment.
- No financial impact disclosed; no cash consideration mentioned.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/928465/000110465922056446/0001104659-22-056446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/928465/000110465922056446/tm2214361d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-056446

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