---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-066992"
form_type: "8-K"
ticker: "LUCK"
cik: "0001840572"
company_name: "Lucky Strike Entertainment Corp"
filed_at: "2025-07-10T23:59:59+00:00"
generated_at: "2026-05-18T08:47:10.619028+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Lucky Strike acquires 58 properties for $306M, eliminates $21M annual rent

## Summary
- Acquired 58 triple-net leased properties from BW Bowling Net Lease I REIT LLC for $306M; all are existing Lucky Strike locations.
- Transition from lessee to owner eliminates $21M annual rent (subject to 5-yr escalations) and captures $80M EBITDAR.
- Financed via $230M bridge term loan, revolver draws, and cash on hand; transaction is immediately accretive and deleveraging.
- Portfolio spans 16 states including CA, IL, GA, AZ, CO; strengthens control over strategic assets.

## SEC filing metadata
- accession: 0001104659-25-066992
- form_type: 8-K
- ticker: LUCK
- cik: 0001840572
- company_name: Lucky Strike Entertainment Corp
- filed_at: 2025-07-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840572/000110465925066992/0001104659-25-066992-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840572/000110465925066992/tm2520280d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-066992
- JSON: https://secwatch.observer/filing/0001104659-25-066992.json
- Plain text: https://secwatch.observer/filing/0001104659-25-066992.txt

## Key facts
- Debt Financings
  Lucky Strike Entertainment Corp incurred term loan of $230.0 million with JPMorgan Chase Bank, N.A. at adjusted Term SOFR rate plus an applicable rate of 2.50%, which applicable rate maturing date that is 364 days after July 10, 2025.
  - Instrument: term loan
  - Principal: $230.0 million
  - Counterparty: JPMorgan Chase Bank, N.A.
  - Rate: adjusted Term SOFR rate plus an applicable rate of 2.50%, which applicable rate
  - Maturity: date that is 364 days after July 10, 2025
  - Event: incurrence
  source text: The Thirteenth Amendment provides for $230.0 million of incremental bridge term loans (the “ Incremental Bridge Term Loans ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1840572/000110465925066992/0001104659-25-066992-index.htm

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