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

Issuer:     Dave & Buster's Entertainment, Inc. (PLAY)
CIK:        0001525769
Form:       8-K
Filed at:   2022-06-29T23:59:59+00:00
Accession:  0001104659-22-075863
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave & Buster's completes $686M acquisition of Main Event; Chris Morris named CEO
--------------------------------------------------------------------------------

- Acquired Main Event for $686M cash net of adjustments; funded by new $500M revolver and $850M Term Loan B.
- Chris Morris, former Main Event CEO, appointed CEO of Dave & Buster's and board member; Kevin Sheehan remains Chair.
- New credit facility matures 2027 (revolver) and 2029 (term loan); interest rates are Term SOFR+4.25-5% plus spread adjustments.
- Investor conference call scheduled for July 12, 2022, to discuss combined historical results.
- Financial statements for Main Event to be filed via amendment within 71 days.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1525769/000110465922075863/0001104659-22-075863-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1525769/000110465922075863/tm2219893d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-075863

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