secwatch.observer — SEC 8-K summary
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Issuer:     SUPERIOR INDUSTRIES INTERNATIONAL INC (—)
CIK:        0000095552
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0001140361-25-044874
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 2.01, 2.03, 3.03, 5.01, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Superior Industries closes acquisition by term loan investors; common shareholders receive $0.09/share
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- Merger closed Dec 8, 2025; each common share cancelled for $0.09 cash.
- Preferred shareholders get $39.49 cash + 0.23 units of Parent LLC per share.
- CEO Majdi Abulaban resigns; Michael Dorah (ex-COO) appointed CEO; Shane Giebel named CFO.
- Company will file Form 15 to terminate SEC reporting, becoming privately held.
- Term loan amendment adds $27.5M new loans, waives defaults; RCF maturity extended to June 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/95552/000114036125044874/0001140361-25-044874-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/95552/000114036125044874/ef20056560_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-044874

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