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

Issuer:     EPLUS INC (PLUS)
CIK:        0001022408
Form:       8-K/A
Filed at:   2025-07-07T23:59:59+00:00
Accession:  0001140361-25-025044
Event type: other_material
Sentiment:  neutral
Materiality: 0.85
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

ePlus completes sale of financing business to Marlin Leasing; pro forma EPS $2.99 for FY2025
--------------------------------------------------------------------------------

- Initial cash consideration of approx. $180.1M; subject to post-closing book value adjustments.
- Potential additional payments up to $3.0M holdback premium and $10.0M earn-out (Lease Originations).
- Pro forma FY2025 net earnings from continuing ops: $79.8M vs. reported $108.0M; diluted EPS $2.99.
- Pro forma total assets at Mar 31, 2025: $1.69B; stockholders' equity $983.4M.
- Financing business sold includes domestic subsidiaries that generated $28.1M net income in FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1022408/000114036125025044/0001140361-25-025044-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1022408/000114036125025044/ef20051627_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-025044

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