---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-130686"
form_type: "8-K"
ticker: null
cik: "0001333835"
company_name: "Casa Systems Inc"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:00:33.460832+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Casa Systems closes sale of cloud/RAN assets to Lumine for $32.25M

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-24-130686
- form_type: 8-K
- cik: 0001333835
- company_name: Casa Systems Inc
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1333835/000119312524130686/0001193125-24-130686-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1333835/000119312524130686/d756772d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-130686
- JSON: https://secwatch.observer/filing/0001193125-24-130686.json
- Plain text: https://secwatch.observer/filing/0001193125-24-130686.txt

## Key facts
- M&A Transactions
  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
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1333835/000119312524130686/0001193125-24-130686-index.htm

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