8-K
filed September 27, 2021, 7:59 PM ET
ticker AKA
CIK 0001865107
other material
confidence high
sentiment neutral
materiality 0.80
a.k.a. Brands prices IPO at $11.00/share; expects $96.4M net proceeds
A.K.A. BRANDS HOLDING CORP.
- Offering 10M shares at $11.00/share for gross proceeds of $110M; expected to close Sept 24, 2021.
- Net proceeds ~$96.4M to repay existing credit facility and subordinated notes, repurchase minority interests in Petal & Pup.
- Shares to trade on NYSE under symbol 'AKA' starting Sept 22, 2021; underwriters have 30-day option for additional 1.5M shares.
- Five new directors appointed to board; 2021 Omnibus Incentive Plan and ESPP adopted.
- Existing Syndicated Facility Agreement terminated and repaid in full upon closing of new senior secured credit facility.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Wesley Bryett was appointed as Director at A.K.A. BRANDS HOLDING CORP..
- Action
- appointed
- Role
- Director
Exact text from the filing
On September 21, 2021, Wesley Bryett, Christopher Dean, Matthew Hamilton, Myles McCormick, and Kelly Thompson (the “Director Appointees”) were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Christopher Dean was appointed as Director at A.K.A. BRANDS HOLDING CORP..
- Action
- appointed
- Role
- Director
Exact text from the filing
On September 21, 2021, Wesley Bryett, Christopher Dean, Matthew Hamilton, Myles McCormick, and Kelly Thompson (the “Director Appointees”) were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Myles McCormick was appointed as Director at A.K.A. BRANDS HOLDING CORP..
- Action
- appointed
- Role
- Director
Exact text from the filing
On September 21, 2021, Wesley Bryett, Christopher Dean, Matthew Hamilton, Myles McCormick, and Kelly Thompson (the “Director Appointees”) were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Kelly Thompson was appointed as Director at A.K.A. BRANDS HOLDING CORP..
- Action
- appointed
- Role
- Director
Exact text from the filing
On September 21, 2021, Wesley Bryett, Christopher Dean, Matthew Hamilton, Myles McCormick, and Kelly Thompson (the “Director Appointees”) were appointed to the Company’s board of directors.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Matthew Hamilton was appointed as Director at A.K.A. BRANDS HOLDING CORP..
- Action
- appointed
- Role
- Director
Exact text from the filing
On September 21, 2021, Wesley Bryett, Christopher Dean, Matthew Hamilton, Myles McCormick, and Kelly Thompson (the “Director Appointees”) were appointed to the Company’s board of directors.
View on SEC.gov
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