secwatch.observer — SEC 8-K summary
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Issuer:     Mister Car Wash, Inc. (MCW)
CIK:        0001853513
Form:       8-K
Filed at:   2021-07-02T23:59:59+00:00
Accession:  0001193125-21-207571
Event type: other_material
Sentiment:  positive
Materiality: 0.75
Item codes: 1.01, 1.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mister Car Wash closes IPO of 43.1M shares at $15.00; repays $435M in debt
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- IPO of 43,125,000 shares at $15.00/share; company sold 31.25M shares, existing shareholders sold 11.875M.
- Used $192.5M of net proceeds to repay first lien credit borrowings; $242.7M to fully repay and terminate second lien credit.
- Filed amended charter increasing authorized common to 1B shares; adopted classified board and exclusive forum provisions.
- Entered amended shareholders agreement granting LGP registration rights and board nomination rights.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1853513/000119312521207571/0001193125-21-207571-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1853513/000119312521207571/d197509d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-207571

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