secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN SUPERCONDUCTOR CORP /DE/ (AMSC)
CIK:        0000880807
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0001193125-24-193425
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 2.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AMSC acquires Megatran Industries for $61.35M in cash and stock
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- Total consideration $61.35M: $25M cash (adjusted), $31.35M in AMSC restricted shares, plus $5M additional cash.
- Megatran preliminary 2023 net sales $72.3M, net income $8.1M; H1 2024 net sales $38.3M, net income $4.9M.
- Acquisition closed Aug 1, 2024; Megatran is a New Jersey corporation.
- AMSC shares issued based on Nasdaq closing price day before closing; registration and orderly distribution provisions apply.
- Deal expands AMSC's electrical infrastructure product line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/880807/000119312524193425/0001193125-24-193425-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/880807/000119312524193425/d878518d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-193425

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