---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-018826"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2026-02-24T23:59:59+00:00"
generated_at: "2026-05-16T00:46:47.869316+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Thermon Group enters merger with CECO Environmental; stockholders to receive $63.89 cash or 0.8110 CECO shares

## Summary
- Per share consideration options: $63.89 cash, 0.8110 CECO shares, or 0.6840 CECO shares plus $10 cash.
- CECO secured $200M incremental term loan and up to $700M backstop facility from Bank of America for financing.
- Two Thermon directors to join CECO's board, expanding it from eight to ten members.
- Termination fees: Thermon pays $74.7M; CECO pays $105M under specified conditions.
- Closing targeted by August 24, 2026, subject to regulatory and stockholder approvals.

## SEC filing metadata
- accession: 0001104659-26-018826
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2026-02-24T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000110465926018826/0001104659-26-018826-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000110465926018826/tm267070d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-018826
- JSON: https://secwatch.observer/filing/0001104659-26-018826.json
- Plain text: https://secwatch.observer/filing/0001104659-26-018826.txt

## Key facts
- Material Agreements
  Thermon Group Holdings, Inc. entered into Agreement and Plan of Merger with CECO Environmental Corp., Longhorn Merger Sub, Inc., Longhorn Merger Sub LLC (effective 2026-02-23).
  - Action: entry
  - Agreement: merger
  - Counterparty: CECO Environmental Corp., Longhorn Merger Sub, Inc., Longhorn Merger Sub LLC
  - Effective: 2026-02-23
  source text: On February 23, 2026, CECO Environmental Corp., a Delaware corporation (the “ Parent ”), Longhorn Merger Sub, Inc., a Delaware corporation and direct wholly owned subsidiary of the Parent (“ Merger Sub Inc. ”), Longhorn Merger Sub LLC, a Delaware limited liability company and direct wholly owned subsidiary of the Parent (“ Merger Sub LLC ”), and Thermon Group Holdings, Inc., a Delaware corporation (the “ Company ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1489096/000110465926018826/0001104659-26-018826-index.htm

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