---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-072850"
form_type: "8-K"
ticker: null
cik: "0001345122"
company_name: "Compass Group Diversified Holdings LLC"
filed_at: "2024-03-20T23:59:59+00:00"
generated_at: "2026-06-04T11:23:13.436804+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# CODI enters $100M preferred ATM facility with B. Riley Securities

## Summary
- At Market Issuance Sales Agreement with B. Riley; up to $100M of Series A, B, C preferred shares.
- Authorized shares increased: Series A by 500k, Series B by 1.75M, Series C by 1.75M.
- Sales agent compensation: 2.00% of gross proceeds; no obligation to sell any shares.
- Shares sold via at-the-market offerings under Rule 415; prospectus supplement filed March 20, 2024.
- CODI may suspend sales at any time; B. Riley also acts as principal.

## SEC filing metadata
- accession: 0001193125-24-072850
- form_type: 8-K
- cik: 0001345122
- company_name: Compass Group Diversified Holdings LLC
- filed_at: 2024-03-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.03, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1345122/000119312524072850/0001193125-24-072850-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1345122/000119312524072850/d800897d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-072850
- JSON: https://secwatch.observer/filing/0001193125-24-072850.json
- Plain text: https://secwatch.observer/filing/0001193125-24-072850.txt

## Key facts
- Governance Changes
  Compass Group Diversified Holdings LLC: Amended Preferred Share Designations to increase authorized preferred shares for Series A, B, and C (effective 2024-03-20).
  - Change: charter amendment
  - Effective: 2024-03-20
  source text: in connection with the Sales Agreement, on March 20, 2024 the Trust entered into amendments (collectively the “Share Designation Amendments”) to the respective Amended and Restated Share Designations of the Trust (collectively, the “Preferred Share Designations”) establishing the terms of the Preferred Shares. Each Share Designation Amendment increased the number of authorized Preferred Shares available for issuance, (i) with respect to the Series A Preferred Shares, by 500,000 shares, (ii) with respect to the Series B Preferred Shares, by 1,750,000 shares, and (iii) with respect to the Series C Shares, by 1,750,000 shares.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345122/000119312524072850/0001193125-24-072850-index.htm
- Material Agreements
  Compass Group Diversified Holdings LLC entered into At Market Issuance Sales Agreement with B. Riley Securities, Inc. valued at up to $100 million (effective 2024-03-20).
  - Action: entry
  - Agreement: atm program
  - Counterparty: B. Riley Securities, Inc.
  - Value: up to $100 million
  - Effective: 2024-03-20
  source text: On March 20, 2024, Compass Diversified Holdings (the “Trust”) and Compass Group Diversified Holdings LLC (the “Company” and, together with the Trust, “CODI”), together with Compass Group Management LLC, entered into an At Market Issuance Sales Agreement (the “Sales Agreement”) with B. Riley Securities, Inc. (“B. Riley”), pursuant to which CODI may sell from time to time, through B. Riley acting as sales agent and/or principal (the “Sales Agent”) up to $100 million of the Trust’s 7.250% Series A Preferred Shares
  evidence_url: https://www.sec.gov/Archives/edgar/data/1345122/000119312524072850/0001193125-24-072850-index.htm

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