secwatch.observer — SEC 8-K summary
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Issuer:     Aebi Schmidt Holding AG (AEBI)
CIK:        0002048519
Form:       8-K/A
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001140361-25-031011
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2048519/000114036125031011/0001140361-25-031011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2048519/000114036125031011/ef20053759_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-031011

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