---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-075217"
form_type: "8-K"
ticker: "NX"
cik: "0001423221"
company_name: "Quanex Building Products CORP"
filed_at: "2024-06-26T23:59:59+00:00"
generated_at: "2026-06-01T01:25:29.933825+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Quanex amends proxy for Tyman deal, discloses updated projections, synergies and lawsuits

## Summary
- Stockholder lawsuits filed in NY state court allege proxy omitted material financial information; company denies merit but amends to avoid delays.
- Supplemental disclosures include net debt: Tyman ~$146M, Quanex ~$1M; diluted shares and discount rates for DCF analyses.
- Quanex FY2028E revenue $1,371M, Adj. EBITDA $207M; Tyman FY2028E revenue $1,021M, Adj. EBITDA $175M.
- Anticipates ~$30M annual run-rate cost synergies from deal, split 30% corporate/listing, 30% procurement, 40% admin/commercial.
- UBS fairness opinion adjustments: WACC ranges 12.5%-13.5% for Tyman, 13.0%-14.0% for Quanex; terminal multiples 7.5x-9.5x.

## SEC filing metadata
- accession: 0001104659-24-075217
- form_type: 8-K
- ticker: NX
- cik: 0001423221
- company_name: Quanex Building Products CORP
- filed_at: 2024-06-26T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1423221/000110465924075217/0001104659-24-075217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1423221/000110465924075217/tm2418315d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-075217
- JSON: https://secwatch.observer/filing/0001104659-24-075217.json
- Plain text: https://secwatch.observer/filing/0001104659-24-075217.txt

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