secwatch.observer — SEC 8-K summary
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Issuer:     WW INTERNATIONAL, INC. (WW)
CIK:        0000105319
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001193125-23-061389
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.01, 2.02, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WW acquires Sequence for $132M; Q4 revenue $223.9M, operating loss $50.8M
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- Acquires Weekend Health (Sequence) for $132M ($106M net of cash); $65M cash + $35M stock at close, $16M each on 1st and 2nd anniversaries.
- Sequence has ~$25M annual revenue run-rate and ~24,000 members; expected close Q2 2023.
- Q4 revenue $223.9M (-18.8% YoY); operating loss $50.8M includes $57.6M impairment; adjusted operating income $24.2M.
- Full year 2022 revenue $1.04B; operating loss $283.0M includes $396.7M impairment; adjusted operating income $153.5M.
- Q1 2023 guidance: revenue ~$235M; operating loss ($30M)-($35M) including ~$20M restructuring charges.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/105319/000119312523061389/0001193125-23-061389-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/105319/000119312523061389/d461379d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-061389

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