secwatch.observer — SEC 8-K summary
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Issuer:     Altus Power, Inc. (—)
CIK:        0001828723
Form:       8-K
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001193125-25-082841
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 1.02, 2.01, 3.03, 5.01, 5.02, 5.03, 2.03, 3.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Altus Power completes $2.2B all-cash acquisition by TPG; stock delisted from NYSE
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- Stockholders receive $5.00 per share; total enterprise value ~$2.2B including debt.
- Class A common stock ceased trading on NYSE under AMPS; intends to deregister with SEC.
- Company enters new $200M term loan + $100M delayed draw + up to $200M incremental at 8.5% interest.
- Existing credit agreement repaid and terminated; equity compensation plans terminated.
- Board resignations except Felton, Davidson, Harris; officers continue with surviving corporation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/0001193125-25-082841-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1828723/000119312525082841/d870221d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-082841

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