secwatch.observer — SEC 8-K summary
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Issuer:     Ecovyst Inc. (ECVT)
CIK:        0001708035
Form:       8-K
Filed at:   2022-08-05T23:59:59+00:00
Accession:  0001193125-22-213620
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ecovyst announces secondary offering of 13M shares by selling stockholders; to repurchase 6.5M shares
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- Selling stockholders offer 13M shares at $8.35625 per share; underwriters have 30-day option for additional 1.95M shares.
- Company to repurchase 6.5M shares from underwriters for $54.3M, funded with cash on hand.
- Offering expected to close on or about August 8, 2022.
- Net increase in shares outstanding of 6.5M (excluding over-allotment) as company repurchases half of offering.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708035/000119312522213620/0001193125-22-213620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708035/000119312522213620/d272750d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-213620

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