secwatch.observer — SEC 8-K summary
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Issuer:     FirstCash Holdings, Inc. (FCFS)
CIK:        0000840489
Form:       8-K
Filed at:   2021-12-17T23:59:59+00:00
Accession:  0001193125-21-361180
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 2.01, 3.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FirstCash closes $406M+ acquisition of American First Finance, enters lease-to-own space
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- Base purchase price: ~8.05M shares and $406M cash, plus up to $400M in contingent payments.
- Doug Rippel, AFF founder, appointed to FirstCash board effective December 17, 2021.
- Holding company reorganization complete; FirstCash Holdings, Inc. now trades under FCFS.
- Pro forma combined TTM Sep 2021 net income of $91.9M on revenue of $2.1B.
- Acquisition funded with cash, stock, and proceeds from new 5.625% senior notes due 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/840489/000119312521361180/0001193125-21-361180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/840489/000119312521361180/d444660d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-21-361180

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