secwatch.observer — SEC 8-K summary
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Issuer:     GMS Inc. (—)
CIK:        0001600438
Form:       8-K
Filed at:   2025-09-04T23:59:59+00:00
Accession:  0001140361-25-033989
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Home Depot completes acquisition of GMS Inc. for $110.00 per share in cash
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- Tender offer expired Sep 3 with 30.3M shares (~79.5%) validly tendered; merger completed Sep 4.
- GMS shareholders receive $110.00 per share in cash; shares to be delisted from NYSE and deregistered.
- Company repaid all outstanding obligations under Term Loan Facility, ABL Facility, and redeemed $350M 4.625% Senior Notes at 101.156%.
- All directors resigned; new directors appointed from Home Depot (Richard McPhail, Teresa Roseborough, Ann-Marie Campbell).
- Certificate of incorporation and bylaws amended and restated; Company now indirect wholly owned subsidiary of Home Depot.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600438/000114036125033989/0001140361-25-033989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600438/000114036125033989/ef20055088_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-033989

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