secwatch.observer — SEC 8-K summary
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Issuer:     Heritage-Crystal Clean, Inc. (—)
CIK:        0001403431
Form:       8-K
Filed at:   2023-10-17T23:59:59+00:00
Accession:  0001193125-23-257480
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

J.F. Lehman completes $1.2B acquisition of Heritage-Crystal Clean at $45.50/share
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- Acquisition completed Oct 17, 2023; shareholders receive $45.50/share in cash, ~$1.2B total value.
- Stock delisted from Nasdaq; trading halted prior to market open on closing date.
- Entire board replaced; Glenn Shor Chairman, Brian Recatto, David Rattner, David Thomas as directors.
- Credit agreement with Bank of America prepaid and terminated; no early penalties incurred.
- Company becomes wholly-owned subsidiary of JFLCO affiliate; public reporting to be suspended.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1403431/000119312523257480/0001193125-23-257480-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1403431/000119312523257480/d532350d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-257480

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