secwatch.observer — SEC 8-K summary
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Issuer:     biote Corp. (BTMD)
CIK:        0001819253
Form:       8-K
Filed at:   2022-06-02T23:59:59+00:00
Accession:  0001193125-22-166249
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.01, 9.01, 3.02, 2.03, 3.03, 4.01, 5.01, 5.02, 5.03, 5.05, 5.06
LLM model:  deepseek-v4-flash:cloud@v2

Haymaker Acquisition Corp. III completes merger with Biote, begins trading as biote Corp. (BTMD)
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- Closed Business Combination with HYAC; combined entity now biote Corp., trading BTMD and BTMDW on Nasdaq.
- Entered $125M term loan A and $50M revolving credit facility; matures May 2027; SOFR+2.5% or base+1.5%.
- 30.5M HYAC public shares redeemed pre-closing; ~9.16M Class A shares outstanding; 58.6M Class V voting shares issued.
- Tax Receivable Agreement obligates biote Corp. to pay 85% of tax savings from basis increases to Biote members.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819253/000119312522166249/0001193125-22-166249-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819253/000119312522166249/d342736d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-166249

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