secwatch.observer — SEC 8-K summary
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Issuer:     H&E Equipment Services, Inc. (—)
CIK:        0001339605
Form:       8-K
Filed at:   2025-06-02T23:59:59+00:00
Accession:  0001193125-25-133372
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.85
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

H&E Equipment acquired by Herc Holdings; shareholders get $78.75 cash + 0.1287 Herc shares/share
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- Tender offer expired May 29, 2025; 69.33% of shares tendered, plus 3.06% via guaranteed delivery.
- On June 2, 2025, Herc completed merger; HEES becomes wholly owned subsidiary; stock delisted from Nasdaq.
- Credit agreement terminated; 3.875% Senior Notes due 2028 redeemed in full with proceeds from acquisition.
- Former officers and directors resigned; new directors and officers from Herc appointed effective June 2, 2025.
- Executives received accelerated vesting of equity awards and severance under separation agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1339605/000119312525133372/0001193125-25-133372-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1339605/000119312525133372/d92977d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-133372

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