secwatch.observer — SEC 8-K summary
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Issuer:     Core & Main, Inc. (CNM)
CIK:        0001856525
Form:       8-K
Filed at:   2022-09-19T23:59:59+00:00
Accession:  0001193125-22-247104
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CD&R funds sell 11M shares of Core & Main in secondary offering at $23.534/share
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- Selling stockholders (CD&R) sell 11,000,000 Class A shares at $23.534/share to Goldman Sachs.
- Underwriter has 30-day option to purchase up to an additional 1,650,000 shares.
- Company receives no proceeds from the secondary offering.
- The offering is a liquidity event for Clayton, Dubilier & Rice, a major stockholder.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1856525/000119312522247104/0001193125-22-247104-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1856525/000119312522247104/d562720d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-247104

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