secwatch.observer — SEC 8-K summary
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Issuer:     ARC DOCUMENT SOLUTIONS, INC. (—)
CIK:        0001305168
Form:       8-K
Filed at:   2024-11-22T23:59:59+00:00
Accession:  0001140361-24-047571
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.02, 5.03, 5.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ARC Document Solutions acquired by TechPrint Holdings for $3.40/share, goes private
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- Merger completed Nov 22, 2024; stockholders receive $3.40/share cash; total consideration ~$240M.
- NYSE delisting filed; company will deregister and suspend SEC reporting obligations.
- New $125M term loan and $60M revolver from lenders led by U.S. Bank to finance merger.
- Board of directors replaced; CEO Suriyakumar resigns; new board includes Pathiratne, Wijesuriya, Avalos.
- Transaction led by Acquisition Group including CEO, President, CFO, CTO, and private investors.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/0001140361-24-047571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1305168/000114036124047571/ef20039068_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-047571

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