secwatch.observer — SEC 8-K summary
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Issuer:     Gogo Inc. (GOGO)
CIK:        0001537054
Form:       8-K/A
Filed at:   2024-10-01T23:59:59+00:00
Accession:  0001193125-24-230178
Event type: m_and_a
Sentiment:  positive
Materiality: 0.90
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Gogo acquires Satcom Direct for $375M cash plus 5M restricted shares
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- Base cash consideration of $375M, plus 5M restricted shares of Gogo common stock issued to SD Seller.
- Potential earnout payments may increase total consideration; working capital adjustments apply with a cap.
- Acquisition structured as purchase of all equity in Satcom Direct, SDHC, Satcom Government, and ndtHost.
- Sellers are entities affiliated with founder James W. Jensen; deal requires restructuring steps and consents.
- Closing subject to customary conditions, including regulatory approvals and completion of pre-closing restructuring.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1537054/000119312524230178/0001193125-24-230178-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1537054/000119312524230178/d856479d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-230178

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