secwatch.observer — SEC 8-K summary
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Issuer:     TIGO ENERGY, INC. (TYGO)
CIK:        0001855447
Form:       8-K
Filed at:   2022-12-06T23:59:59+00:00
Accession:  0001104659-22-124948
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Roth CH Acquisition IV to merge with Tigo Energy in $600M all-stock deal
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- Base purchase price of $600M, payable through 60M shares of Acquiror common stock at $10.00 per share.
- Merger expected to close by June 30, 2023; subject to stockholder approvals, HSR clearance, and other conditions.
- Sponsors agreed to vote in favor and waive redemption rights; lock-up of 6-12 months for Tigo holders and founders.
- Company to advance up to $500,000 to sponsors for extension costs; termination fee of $3M payable by Tigo if insufficient trust funds.
- Tigo Energy to become wholly-owned subsidiary of Roth CH Acquisition IV; combined entity to be named Tigo Energy, Inc.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1855447/000110465922124948/0001104659-22-124948-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1855447/000110465922124948/tm2232023d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-124948

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