{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-134802","form_type":"8-K","ticker":"ALOT","cik":"0000008146","company_name":"AstroNova, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.058694+00:00","generated_at":"2026-06-02T07:46:06.644268+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"AstroNova acquires MTEX New Solution for EUR 18M plus up to EUR 4M earn-out","bullets":["Purchase price: EUR 18M base (EUR 17.27M cash at close + EUR 0.73M holdback) plus up to EUR 4M contingent earn-out.","Acquisition closed May 6, 2024; MTEX is a Portuguese printing solutions company in label and packaging.","Funded via new EUR 14M term loan and temporary $30M revolver from Bank of America credit agreement amendment.","Seller's principal Elói Serafim Alves Ferreira to serve as MTEX CEO for three years under transitional management agreement.","Earn-out based on Annual Product Revenue targets for FY2024-2026; specific targets redacted as confidential."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-134802","json":"https://secwatch.observer/filing/0001193125-24-134802.json","markdown":"https://secwatch.observer/filing/0001193125-24-134802.md","text":"https://secwatch.observer/filing/0001193125-24-134802.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/8146/000119312524134802/0001193125-24-134802-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/8146/000119312524134802/d836386d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T07:46:06.644268+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"cd0bbf0d3618cd3d903e55f7ea9ba6f18e8ba809","claim":"AstroNova, Inc. amended credit facility of EUR 14,000,000 new term loan and increase in revolving credit facility from $25,000,000 to $30,000,000 with Bank of America, N.A. at EURIBOR plus 1.60%-2.50%; Term SOFR plus 1.60%-2.50% or reference rate plus 0.60 maturing Term A-2 Loan due August 4, 2027; revolving facility due August 4, 2027.","evidence_excerpt":"Company as borrower, Astro Machine as a guarantor, and the Lender. 2 The Amended Credit Agreement provides for (i) a new term loan to the Company in the principal amount of EUR 14,000,000 (the “ Term A-2 Loan ”), which term loan is in addition to the existing term loan (the “ Existing Term Loan ”) outstanding under the Existing Credit Agreement in the principal","evidence_source":"SEC 8-K Item 2.03/2.04","evidence_url":"https://www.sec.gov/Archives/edgar/data/8146/000119312524134802/0001193125-24-134802-index.htm","confidence":0.95,"family_label":"Debt Financings","details":[{"label":"Instrument","value":"credit facility"},{"label":"Principal","value":"EUR 14,000,000 new term loan and increase in revolving credit facility from $25,000,000 to $30,000,000"},{"label":"Counterparty","value":"Bank of America, N.A."},{"label":"Rate","value":"EURIBOR plus 1.60%-2.50%; Term SOFR plus 1.60%-2.50% or reference rate plus 0.60"},{"label":"Maturity","value":"Term A-2 Loan due August 4, 2027; revolving facility due August 4, 2027"},{"label":"Event","value":"amendment"}],"fact_type":"debt_financing"},{"claim_id":"e10c56d84186560494dbc6a0429d0c51d6f9fead","claim":"AstroNova, Inc. entered into Share Purchase Agreement with Effort Premier Solutions Lda. valued at EUR 17,268,345 (effective 2024-05-04).","evidence_excerpt":"On May 4, 2024, AstroNova, Inc. (the “ Company ”) as “ First Guarantor ”, along with its wholly-owned Portugal Subsidiary, AstroNova Portugal, Unipessoal, Lda (the “ Purchaser ”) entered into a Share Purchase Agreement (the “ Purchase Agreement ”) with Effort Premier Solutions Lda., a private limited company incorporated under the laws of Portugal (the “ Seller ”) and Elói Serafim Alves Ferreira, as the “ Second Guarantor ”.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/8146/000119312524134802/0001193125-24-134802-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"asset purchase"},{"label":"Counterparty","value":"Effort Premier Solutions Lda."},{"label":"Value","value":"EUR 17,268,345"},{"label":"Effective","value":"2024-05-04"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}