secwatch.observer — SEC 8-K summary
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Issuer:     Perimeter Solutions, Inc. (PRM)
CIK:        0001880319
Form:       8-K
Filed at:   2022-02-18T23:59:59+00:00
Accession:  0001193125-22-046722
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Perimeter Solutions issues ~5.95M shares, $53.5M cash to EverArc Founders as 2021 advisory fees
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- Variable fee for 2021: 7,525,906 shares (value $102.5M) triggered by avg price $13.6254.
- Fixed fee for 2021: 2,357,061 shares (value $32.1M) per Advisory Services Agreement.
- EverArc Founder Entity elected 60% shares (5,952,992) and 40% cash ($53,547,483).
- Advisory Shares issued Feb 15, 2022; post-issuance shares outstanding: 163,232,667.
- EverArc Founders serve as directors; advisory amounts paid under pre-existing agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1880319/000119312522046722/0001193125-22-046722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1880319/000119312522046722/d291647d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-046722

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