---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-181401"
form_type: "8-K"
ticker: "SVV"
cik: "0001883313"
company_name: "Savers Value Village, Inc."
filed_at: "2023-07-03T23:59:59+00:00"
generated_at: "2026-06-13T13:29:38.644278+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Savers Value Village completes IPO of 25.6M shares at $18; grants Ares registration rights and board nomination rights

## Summary
- IPO of 25.6M shares closed on July 3, 2023 at $18 per share; company sold 18.75M shares, selling stockholders 6.885M shares (including option).
- Ares Funds granted unlimited demand and piggyback registration rights covering all their shares.
- Stockholders Agreement gives Ares board seats proportional to ownership (up to majority if ≥40%) and veto rights over major transactions while ≥30%.
- Charter and bylaws amended and restated effective June 28/29, 2023 in connection with IPO.

## SEC filing metadata
- accession: 0001193125-23-181401
- form_type: 8-K
- ticker: SVV
- cik: 0001883313
- company_name: Savers Value Village, Inc.
- filed_at: 2023-07-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883313/000119312523181401/0001193125-23-181401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883313/000119312523181401/d495726d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-181401
- JSON: https://secwatch.observer/filing/0001193125-23-181401.json
- Plain text: https://secwatch.observer/filing/0001193125-23-181401.txt

## Key facts
- Governance Changes
  Savers Value Village, Inc.: Amended and restated certificate of incorporation in connection with initial public offering (effective 2023-06-29).
  - Change: charter amendment
  - Effective: 2023-06-29
  source text: the Company filed an amended and restated certificate of incorporation (the “ A&R Charter ”) with the Secretary of State of the State of Delaware on June 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000119312523181401/0001193125-23-181401-index.htm
- Governance Changes
  Savers Value Village, Inc.: Amended and restated bylaws in connection with initial public offering (effective 2023-06-28).
  - Change: bylaw amendment
  - Effective: 2023-06-28
  source text: The Company also amended and restated its bylaws (the “ A&R Bylaws ”), effective as of June 28, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000119312523181401/0001193125-23-181401-index.htm
- Material Agreements
  Savers Value Village, Inc. entered into Stockholders Agreement with the Ares Funds (effective 2023-07-03).
  - Action: entry
  - Counterparty: the Ares Funds
  - Effective: 2023-07-03
  source text: On July 3, 2023, the Company entered into the Amended and Restated Stockholders Agreement (the “ Stockholders Agreement ”) with the Ares Funds.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000119312523181401/0001193125-23-181401-index.htm
- Material Agreements
  Savers Value Village, Inc. entered into Registration Rights Agreement with certain funds, investment vehicles or accounts managed or advised by the Private Equity Group of Ares Management Corporation (the "Ares Funds") (effective 2023-07-03).
  - Action: entry
  - Counterparty: certain funds, investment vehicles or accounts managed or advised by the Private Equity Group of Ares Management Corporation (the "Ares Funds")
  - Effective: 2023-07-03
  source text: On July 3, 2023, Savers Value Village, Inc. (the “ Company ”) entered into a registration rights agreement (the “ Registration Rights Agreement ”) with certain funds, investment vehicles or accounts managed or advised by the Private Equity Group of Ares Management Corporation (the “ Ares Funds ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1883313/000119312523181401/0001193125-23-181401-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.