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

Issuer:     CHASE CORP (—)
CIK:        0000830524
Form:       8-K
Filed at:   2023-11-15T23:59:59+00:00
Accession:  0001140361-23-053487
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

KKR completes acquisition of Chase Corporation for $127.50 per share, delisting from NYSE American
--------------------------------------------------------------------------------

- KKR affiliates acquired Chase for $127.50 per share in cash, total equity value ~$1.3 billion.
- Chase common stock ceased trading on NYSE American; will be delisted and reporting obligations suspended.
- Prior board of directors resigned; Adam Chase and Michael Bourque appointed directors; Lance Reisman named Chairman.
- New $450M term loan and $75M revolving credit facility entered; prior BofA credit agreement repaid and terminated.
- KKR plans to implement a broad-based employee ownership program allowing all employees to participate in ownership.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/830524/000114036123053487/0001140361-23-053487-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/830524/000114036123053487/ef20014744_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-23-053487

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