Casa Systems Inc: M&A transaction — Casa Systems closes sale of cloud/RAN assets to Lumine for $32.25M

Casa Systems Inc

Bankruptcy Court approved sale on April 26, 2024; transaction closed April 29, 2024.
Purchase price amended from $15M base to $32.25M in Amendment No. 1 dated April 25, 2024.
Sellers include Casa Systems and subsidiaries; buyer is Lumine Group US Holdco Inc.
The sale follows Casa Systems' Chapter 11 filing on April 3, 2024.

item 1.01 item 2.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.98

Casa Systems Inc completed a disposition involving Lumine Group US Holdco Inc. for $32,250,000 (closed 2024-04-29).

Action: disposition
Counterparty: Lumine Group US Holdco Inc.
Consideration: $32,250,000
Closing: 2024-04-29

Exact text from the filing

conditions of the Cloud/RAN APA, as amended, to purchase the Transferred Assets and assume the Assumed Liabilities (each as defined in the Cloud/RAN APA) from the Sellers for $32,250,000. On April 26, 2024, the Bankruptcy Court approved the sale. On April 29, 2024, the Sellers and Lumine consummated the sale, thereby completing the disposition of the Transferred

View on SEC.gov

Browse all m&a transactions →

Source: SEC EDGAR

accession 0001193125-24-130686

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.