secwatch.observer — SEC 8-K summary
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Issuer:     e.l.f. Beauty, Inc. (ELF)
CIK:        0001600033
Form:       8-K
Filed at:   2023-10-04T23:59:59+00:00
Accession:  0001193125-23-250761
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 3.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

e.l.f. Beauty closes acquisition of Naturium for ~$333M total consideration
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- Total consideration: ~$261.34M cash + 577,659 shares of ELF common stock valued at ~$72.02M.
- Cash funded via incremental term loan, revolver borrowings, and balance sheet cash.
- Stock consideration based on $124.6760 per share (10-day VWAP).
- Lock-up restrictions on 67%-80% of stock received; 50% released at six-month anniversary.
- Resale registration statement to be filed for the issued shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1600033/000119312523250761/0001193125-23-250761-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1600033/000119312523250761/d464477d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-250761

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