secwatch.observer — SEC 8-K summary
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Issuer:     U.S. SILICA HOLDINGS, INC. (—)
CIK:        0001524741
Form:       8-K
Filed at:   2024-07-31T23:59:59+00:00
Accession:  0001193125-24-189918
Event type: m_and_a
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 1.02, 2.01, 3.01, 5.01, 5.02, 5.03, 2.03, 3.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Apollo Funds complete $15.50/share acquisition of U.S. Silica; stock delisted
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- Shareholders receive $15.50 cash per share; total consideration ~$1.28B.
- Financing includes $350M 8.75% notes due 2031, $775M term loan, $175M revolver, and equity.
- U.S. Silica common stock (SLCA) delisted from NYSE effective Aug 1, 2024.
- Bryan Shinn remains CEO; Apollo appointees Gareth Turner, Orme Thompson, Christopher Wales join board.
- Company continues under U.S. Silica name with existing management team.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1524741/000119312524189918/0001193125-24-189918-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1524741/000119312524189918/d878891d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-189918

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