---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-120356"
form_type: "8-K"
ticker: "AVAV"
cik: "0001368622"
company_name: "AeroVironment Inc"
filed_at: "2024-11-19T23:59:59+00:00"
generated_at: "2026-05-29T22:26:17.002595+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.95
calibrated_materiality_score: 0.95
confidence: "high"
source: SEC EDGAR
---

# AeroVironment agrees to acquire BlueHalo in all-stock merger; BlueHalo holders to receive 18.5M shares

## Summary
- Transaction consideration of 18,548,698 AVAV shares, representing about 39.5% of pro forma fully diluted shares outstanding.
- Debt commitment letter for $700M Term Loan A to refinance BlueHalo’s debt; maturity 2 years from closing.
- Deal subject to AVAV stockholder approval, regulatory approvals (HSR, SEC effectiveness), and other customary conditions.
- Termination fee of $200M payable by AVAV under specified circumstances, including accepting a superior proposal.
- Sponsor Members (Arlington Capital) expected to own ~26.2% of AVAV post-close; will designate two directors.

## SEC filing metadata
- accession: 0001104659-24-120356
- form_type: 8-K
- ticker: AVAV
- cik: 0001368622
- company_name: AeroVironment Inc
- filed_at: 2024-11-19T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.95
- calibrated_materiality_score: 0.95
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1368622/000110465924120356/0001104659-24-120356-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1368622/000110465924120356/tm2428659d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-120356
- JSON: https://secwatch.observer/filing/0001104659-24-120356.json
- Plain text: https://secwatch.observer/filing/0001104659-24-120356.txt

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