secwatch.observer — SEC 8-K summary
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Issuer:     Thorne Healthtech, Inc. (—)
CIK:        0001844280
Form:       8-K
Filed at:   2023-10-16T23:59:59+00:00
Accession:  0001193125-23-256578
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 2.03, 3.01, 3.03, 5.01, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Thorne HealthTech acquired by L Catterton for $10.20/share; merger completed Oct 16
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- Tender offer accepted ~97.3% of shares; merger closed Oct 16, 2023, for $10.20/share cash.
- New $125M term loan and $30M revolver entered; prior credit facility repaid and terminated.
- All directors resigned; Paul Jacobson appointed sole director; executive officers remain.
- Shares ceased trading on Nasdaq Oct 16; company to file Form 15 to terminate registration.
- Stock options and RSUs cashed out at $10.20/share, net of exercise price for options.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1844280/000119312523256578/0001193125-23-256578-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1844280/000119312523256578/d406957d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-256578

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