secwatch / observer
8-K filed December 26, 2024, 6:59 PM ET CIK 0001835256
M&A confidence high sentiment neutral materiality 1.00

Duckhorn Portfolio, Inc.: M&A transaction — Butterfly Equity completes $1.95B acquisition of Duckhorn Portfolio at $11.10/share

Duckhorn Portfolio, Inc.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Duckhorn Portfolio, Inc.: Certificate of incorporation amended and restated in its entirety pursuant to Merger Agreement.

Change
charter amendment
Exact text from the filing
the amended and restated certificate of incorporation of the Company and the amended and restated bylaws of the Company, each as in effect immediately prior to the Effective Time were each amended and restated in their entirety
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Duckhorn Portfolio, Inc.: Bylaws amended and restated in their entirety pursuant to Merger Agreement.

Change
bylaw amendment
Exact text from the filing
the amended and restated certificate of incorporation of the Company and the amended and restated bylaws of the Company, each as in effect immediately prior to the Effective Time were each amended and restated in their entirety
View on SEC.gov
M&A Transactions SEC 8-K Item 2.01/5.01 confidence 0.9

Duckhorn Portfolio, Inc. underwent a change of control involving Marlee Buyer, Inc. for $11.10 (closed 2024-12-24).

Action
change of control
Counterparty
Marlee Buyer, Inc.
Consideration
$11.10
Closing
2024-12-24
Exact text from the filing
Section 262 of the General Corporation Law of the State of Delaware (collectively, the “ Excluded Shares ”)), was converted into the right to receive an amount in cash equal to $11.10, without interest (the “ Merger Consideration ”), and as of the Effective Time, all such shares are no longer outstanding and were automatically cancelled. Pursuant to the Merger
View on SEC.gov

Browse all governance changes →

Source: SEC EDGAR
accession 0001193125-24-284941
Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.