secwatch.observer — SEC 8-K summary
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Issuer:     Ecovyst Inc. (ECVT)
CIK:        0001708035
Form:       8-K
Filed at:   2023-03-06T23:59:59+00:00
Accession:  0001193125-23-061422
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 1.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ecovyst repurchases $29.85M of stock from underwriter in secondary offering
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- Underwriting agreement for 11.49M shares sold by selling stockholders at $9.95/share.
- Company to repurchase 3M shares from underwriter for $29.85M total.
- Share repurchase funded with cash on hand and cash from operations.
- Closing expected on or about March 7, 2023, subject to customary conditions.
- No new shares issued by Ecovyst; all shares sold by existing stockholders.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708035/000119312523061422/0001193125-23-061422-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708035/000119312523061422/d459991d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-061422

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