secwatch.observer — SEC 8-K summary
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Issuer:     CECO ENVIRONMENTAL CORP (CECO)
CIK:        0000003197
Form:       8-K/A
Filed at:   2026-07-31T21:57:41+00:00
Accession:  0001104659-26-089307
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CECO closes Thermon acquisition; pro forma revenue $1.3B, net loss $20.2M for FY2025
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- Acquisition closed June 1, 2026; consideration mix: $63.89 cash, 0.8110 CECO shares, or mixed 0.6840 shares + $10 cash per Thermon share.
- Pro forma combined assets $3.66B, goodwill $1.46B, intangible assets $1.01B as of March 31, 2026.
- Pro forma net loss attributable to CECO of $11.5M for Q1 2026 and $20.2M for FY2025, driven by acquisition-related adjustments.
- Financing: $235M incremental term loan and ~$290M revolver borrowings at SOFR+300bps.
- Pro forma diluted EPS: -$0.20 for Q1 2026, -$0.35 for FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/3197/000110465926089307/0001104659-26-089307-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3197/000110465926089307/tm2621629d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-089307

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