secwatch.observer — SEC 8-K summary
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Issuer:     Adagio Medical Holdings, Inc. (ADGM)
CIK:        0002006986
Form:       8-K
Filed at:   2024-08-06T23:59:59+00:00
Accession:  0001140361-24-035942
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 2.01, 3.02, 9.01, 3.03, 5.03, 5.01, 5.02, 5.05, 5.06, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Adagio Medical completes de-SPAC merger with ARYA, begins trading as ADGM on Nasdaq
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- Post-combination, 13,387,636 shares of New Adagio common stock outstanding; 7,587 shares under options.
- PIPE financing of ~$64.5M closed; $20M in 13% senior secured convertible notes issued with 1,500,000 warrants exercisable at $24/share.
- Sponsor forfeited 1,000,000 Class B shares; additional 1,147,500 shares subject to vesting if stock reaches $24 for 20 trading days.
- Shareholders redeemed 2,707,555 shares for ~$31.3M at ~$11.56 per share prior to closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2006986/000114036124035942/0001140361-24-035942-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2006986/000114036124035942/ef20033584_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-035942

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