secwatch.observer — SEC 8-K summary
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Issuer:     CSW INDUSTRIALS, INC. (CSW)
CIK:        0001624794
Form:       8-K
Filed at:   2025-05-01T23:59:59+00:00
Accession:  0001193125-25-109980
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 2.01, 3.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CSWI closes $313.5M Aspen Mfg acquisition, transfers listing to NYSE on June 9
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- Completed acquisition of Aspen Manufacturing for $313.5M cash, using cash on hand and $500M credit facility.
- Purchase price represents ~11x Aspen's 2024 adjusted EBITDA of $28.5M; $8M held in escrow for post-closing adjustments.
- Company will transfer stock listing from Nasdaq to NYSE; last Nasdaq trade June 6, first NYSE trade June 9 under symbol 'CSW'.
- Acquisition adds evaporator coils and air handlers to CSWI's HVAC/R portfolio, with 350 new employees in Humble, TX.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1624794/000119312525109980/0001193125-25-109980-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1624794/000119312525109980/d946399d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-109980

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