secwatch.observer — SEC 8-K summary
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Issuer:     Array Technologies, Inc. (ARRY)
CIK:        0001820721
Form:       8-K
Filed at:   2022-04-06T23:59:59+00:00
Accession:  0001193125-22-096727
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Array files pro forma financials for completed STI acquisition, showing pro forma net loss of $158M
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- Consideration: €361M cash + 13.9M shares; deal closed Jan 11, 2022.
- Pro forma combined revenue $1,118.9M, net loss to common $158.0M for 2021.
- Adjusted STI contributed revenue $265.5M and net income $34.1M for 2021.
- Pro forma diluted EPS loss of $1.09 vs Array standalone loss of $0.51.
- Acquisition financed with $425M convertible notes and $49.4M preferred stock.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1820721/000119312522096727/0001193125-22-096727-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1820721/000119312522096727/d271565d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-096727

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