---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-048403"
form_type: "8-K"
ticker: "CPRI"
cik: "0001530721"
company_name: "Capri Holdings Ltd"
filed_at: "2023-10-17T23:59:59+00:00"
generated_at: "2026-06-09T22:36:11.721233+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Capri Holdings discloses additional merger lawsuits and supplemental proxy disclosures

## Summary
- Four additional shareholder lawsuits filed in Sept-Oct 2023 alleging misleading proxy statements in $8.5B Tapestry merger.
- Capri denies allegations but voluntarily supplements Definitive Proxy Statement with added Merger background details.
- Supplemental disclosures include further board consideration of strategic alternatives, including Versace/Jimmy Choo IPO.
- Barclays' DCF valuation assumptions added: discount rate 11.75%-13.75%, terminal growth 2.0%, net debt $1.699B as of July 1, 2023.
- Projections table updated: FY2024E revenue revised down to $5.523B from $5.800B, reflecting changed expectations.

## SEC filing metadata
- accession: 0001140361-23-048403
- form_type: 8-K
- ticker: CPRI
- cik: 0001530721
- company_name: Capri Holdings Ltd
- filed_at: 2023-10-17T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1530721/000114036123048403/0001140361-23-048403-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1530721/000114036123048403/ef20012635_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-048403
- JSON: https://secwatch.observer/filing/0001140361-23-048403.json
- Plain text: https://secwatch.observer/filing/0001140361-23-048403.txt

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