secwatch.observer — SEC 8-K summary
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Issuer:     Shockwave Medical, Inc. (—)
CIK:        0001642545
Form:       8-K
Filed at:   2024-04-05T23:59:59+00:00
Accession:  0001193125-24-087890
Event type: m_and_a
Sentiment:  positive
Materiality: 0.95
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Johnson & Johnson to acquire Shockwave Medical for $335/share cash, ~$13.1B EV
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- J&J acquires Shockwave for $335.00/share cash; enterprise value ~$13.1B.
- Merger expected to close mid-2024 pending regulatory approvals and stockholder vote.
- Shockwave Board recommends adoption; termination fee of $448M payable in certain circumstances.
- IVL platform complements J&J MedTech's heart recovery and electrophysiology businesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1642545/000119312524087890/0001193125-24-087890-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1642545/000119312524087890/d819714d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-087890

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