---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-068661"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2026-06-01T13:16:29+00:00"
generated_at: "2026-06-01T13:17:04.441498+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CECO Environmental completes acquisition of Thermon Group Holdings, issues ~22.5M shares and pays $329.4M cash

## Summary
- Thermon shareholders received mix of cash and stock; proration applied; total cash consideration ~$329.4M and 22.53M CECO shares issued.
- Funding: $235M Delayed Draw Term Loan and ~$290M Revolving Facility borrowed under amended credit agreement.
- Board expanded to 10 members; Todd Gleason named Chairman; Marcus George and Victor Richey appointed as directors.
- Thermon common stock delisted from NYSE and deregistered under Exchange Act; Form 25 filed.
- Investor conference call to discuss combination set for June 9, 2026 at 8:30 AM ET.

## SEC filing metadata
- accession: 0001104659-26-068661
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2026-06-01T13:16:29+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.01, 2.03, 5.02, 5.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/tm2616015d2_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-068661
- JSON: https://secwatch.observer/filing/0001104659-26-068661.json
- Plain text: https://secwatch.observer/filing/0001104659-26-068661.txt

## Source-grounded claims
- claim_id: 036e9bd4b3
  claim: Todd Gleason was appointed as Chairman of the Board at CECO ENVIRONMENTAL CORP.
  evidence_excerpt: the Board appointed Todd Gleason, CECO’s Chief Executive Officer and an existing member of the Board, to serve as Chairman of the Board, effective as of the effective time of the First Merger.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm
- claim_id: 1fa54c7c89
  claim: Jason DeZwirek was appointed as Lead Independent Director at CECO ENVIRONMENTAL CORP.
  evidence_excerpt: Mr. Jason DeZwirek has been designated as the Lead Independent Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm
- claim_id: 4873b11aa0
  claim: Marcus J. George was appointed as Director at CECO ENVIRONMENTAL CORP.
  evidence_excerpt: the Board appointed Marcus J. George and Victor L. Richey, each of whom served as a member of the board of directors of Thermon immediately prior thereto, as directors of the Company to fill the two newly created vacancies on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm
- claim_id: 9bb2b1a413
  claim: Victor L. Richey was appointed as Director at CECO ENVIRONMENTAL CORP.
  evidence_excerpt: the Board appointed Marcus J. George and Victor L. Richey, each of whom served as a member of the board of directors of Thermon immediately prior thereto, as directors of the Company to fill the two newly created vacancies on the Board.
  evidence_url: https://www.sec.gov/Archives/edgar/data/3197/000110465926068661/0001104659-26-068661-index.htm

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