---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-326234"
form_type: "8-K"
ticker: "PRM"
cik: "0001880319"
company_name: "Perimeter Solutions, Inc."
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:17:11.008408+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Perimeter Solutions closes SPAC merger with EverArc, issues $675M 5% notes

## Summary
- Business combination closed Nov 9, 2021; Perimeter Solutions begins trading on NYSE under PRM.
- Issued $675M 5.000% senior secured notes due 2029 to fund cash consideration and expenses.
- Entered $100M senior secured revolving credit facility maturing Nov 9, 2026 with LIBOR + 3.25% margin.
- PIPE raised $1.163B at $10/share from institutional investors, management, and directors.
- Assumed EverArc warrants ($12, 3yr); founder advisory with variable payouts up to $42M in year one.

## SEC filing metadata
- accession: 0001193125-21-326234
- form_type: 8-K
- ticker: PRM
- cik: 0001880319
- company_name: Perimeter Solutions, Inc.
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 3.02, 9.01, 5.01, 5.02, 5.03, 5.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1880319/000119312521326234/0001193125-21-326234-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1880319/000119312521326234/d146760d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-326234
- JSON: https://secwatch.observer/filing/0001193125-21-326234.json
- Plain text: https://secwatch.observer/filing/0001193125-21-326234.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.