---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-114144"
form_type: "8-K"
ticker: "EACO"
cik: "0000784539"
company_name: "EACO CORP"
filed_at: "2023-11-03T23:59:59+00:00"
generated_at: "2026-06-08T22:53:26.073710+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# EACO completes $31M purchase of Anaheim property from CEO's trust

## Summary
- Closed $31M cash purchase of real property at 5037/5065 East Hunter Ave, Anaheim, CA from trust of CEO Glen Ceiley.
- Transaction previously disclosed in 8-K on Oct 6, 2023; closing occurred Oct 20, 2023.
- Related-party transaction: seller trust is beneficially owned and controlled by CEO Glen Ceiley.
- Purchase price funded through escrow; no other terms of financing disclosed.

## SEC filing metadata
- accession: 0001104659-23-114144
- form_type: 8-K
- ticker: EACO
- cik: 0000784539
- company_name: EACO CORP
- filed_at: 2023-11-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/784539/000110465923114144/0001104659-23-114144-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/784539/000110465923114144/tm2329827-1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-114144
- JSON: https://secwatch.observer/filing/0001104659-23-114144.json
- Plain text: https://secwatch.observer/filing/0001104659-23-114144.txt

## Key facts
- M&A Transactions
  EACO CORP completed an acquisition involving Glen F. Ceiley and Barbara A. Ceiley Revocable Trust for $31,000,000 in cash (closed 2023-10-20).
  - Action: acquisition
  - Counterparty: Glen F. Ceiley and Barbara A. Ceiley Revocable Trust
  - Consideration: $31,000,000 in cash
  - Closing: 2023-10-20
  source text: On October 20, 2023, the closing of the Property Purchase occurred, and the Company released the purchase price of $31,000,000 through an escrow process.
  evidence_url: https://www.sec.gov/Archives/edgar/data/784539/000110465923114144/0001104659-23-114144-index.htm

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