secwatch.observer — SEC 8-K summary
======================================

Issuer:     NU SKIN ENTERPRISES, INC. (NUS)
CIK:        0001021561
Form:       8-K
Filed at:   2021-12-29T23:59:59+00:00
Accession:  0001140361-21-043301
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 2.05, 2.06
LLM model:  deepseek-v4-flash:cloud@v2

Nu Skin to exit Grow Tech segment, expects $52-60M in pre-tax charges
---------------------------------------------------------------------

- Decision to wind down controlled-environment agriculture business, focused on feed industry.
- Non-cash charges: ~$18M goodwill/intangibles, ~$14M fixed assets, ~$7M inventory write-down.
- Cash charges: ~$7M severance and $10-18M contract termination/legal costs.
- Substantially all non-cash and severance charges expected in Q4 2021; remainder later.
- Charges not reflected in prior 2021 Q4 or full-year financial guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1021561/000114036121043301/0001140361-21-043301-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1021561/000114036121043301/brhc10032330_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-21-043301

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer