secwatch.observer — SEC 8-K summary
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Issuer:     JACOBS SOLUTIONS INC. (J)
CIK:        0000052988
Form:       8-K
Filed at:   2024-09-16T23:59:59+00:00
Accession:  0001193125-24-219294
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Jacobs sets Sept 23 record date, Sept 27 distribution for spin-off merger with Amentum
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- Record date for spin-off distribution: Sept 23, 2024. Shareholders receive one share of Amentum (AMTM) per Jacobs share.
- Distribution and merger close Sept 27, 2024; when-issued trading for AMTM starts Sept 24 under 'AMTM WI', regular-way trading begins Sept 30 under 'AMTM'.
- Post-closing ownership: Jacobs shareholders 51%, Jacobs 7.5%, Amentum equityholder 37%; 4.5% contingent consideration in escrow based on FY2024 profit targets.
- Jacobs intends to dispose of its 7.5% stake in Amentum within 12 months of distribution.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/52988/000119312524219294/0001193125-24-219294-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/52988/000119312524219294/d876828d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-219294

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