secwatch.observer — SEC 8-K summary
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Issuer:     HARLEY-DAVIDSON, INC. (HOG)
CIK:        0000793952
Form:       8-K
Filed at:   2021-12-13T23:59:59+00:00
Accession:  0001193125-21-354631
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Harley-Davidson to combine LiveWire EV unit with SPAC ABIC at ~$1.77B enterprise value
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- LiveWire becomes first publicly traded U.S. EV motorcycle company via merger with SPAC ABIC; pro forma enterprise value ~$1.77B.
- Net proceeds of ~$545M from ABIC trust ($400M), H-D PIPE ($100M), and KYMCO PIPE ($100M); H-D also provides $100M backstop.
- Harley-Davidson retains ~74% ownership; ABIC shareholders ~17%; KYMCO ~4%; Jochen Zeitz to be Chairman and Acting CEO of LiveWire.
- Transaction expected to close in first half of 2022, subject to ABIC shareholder approval and customary conditions.
- LiveWire will also include STACYC e-balance bikes and leverage H-D and KYMCO's manufacturing, distribution, and supply chain.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793952/000119312521354631/0001193125-21-354631-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793952/000119312521354631/d262169d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-354631

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