secwatch.observer — SEC 8-K summary
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Issuer:     OneWater Marine Inc. (ONEW)
CIK:        0001772921
Form:       8-K
Filed at:   2022-06-22T23:59:59+00:00
Accession:  0001140361-22-023782
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneWater Marine to acquire Ocean Bio-Chem for ~$125M all-cash, $13.08/share
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- OneWater will pay $13.08 per share for Ocean Bio-Chem (OBCI); total enterprise value ~$125M.
- Acquisition includes Star Brite Europe for $7M and real estate in Ft. Lauderdale for $3.6M from OBCI's CEO.
- Expected to close in fiscal Q4 2022 (by Sept 30, 2022), subject to HSR approval and other conditions.
- OneWater obtained a $125M debt commitment from Truist Bank to finance the transaction.
- OBCI's board unanimously approved; key shareholders including CEO Peter Dornau signed support agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772921/000114036122023782/0001140361-22-023782-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772921/000114036122023782/brhc10038965_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-22-023782

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