---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-031011"
form_type: "8-K/A"
ticker: "AEBI"
cik: "0002048519"
company_name: "Aebi Schmidt Holding AG"
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:39:49.698383+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Aebi Schmidt completes Shyft acquisition; pro forma combined revenue $1.87B, net loss $10.3M in 2024

## Summary
- Acquisition closed July 1, 2025; Shyft shareholders got 1.0402 Aebi Schmidt shares per share, owning ~48%.
- Pro forma 2024 revenue $1.87B, net loss $10.3M (EPS -$0.13); Q1 2025 revenue $452.5M, net loss $2.65M (EPS -$0.03).
- Consideration includes $600M new credit facilities ($350M term loan, $250M revolver) used to refinance existing debt.
- Goodwill increased by $79.7M, intangible assets by $105.7M in purchase accounting.
- Retention awards issued to key executives; two Shyft executives terminated post-close, forfeiting restricted stock.

## SEC filing metadata
- accession: 0001140361-25-031011
- form_type: 8-K/A
- ticker: AEBI
- cik: 0002048519
- company_name: Aebi Schmidt Holding AG
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2048519/000114036125031011/0001140361-25-031011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2048519/000114036125031011/ef20053759_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-031011
- JSON: https://secwatch.observer/filing/0001140361-25-031011.json
- Plain text: https://secwatch.observer/filing/0001140361-25-031011.txt

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