---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-180827"
form_type: "8-K"
ticker: "ARRY"
cik: "0001820721"
company_name: "Array Technologies, Inc."
filed_at: "2025-08-14T23:59:59+00:00"
generated_at: "2026-05-17T13:22:09.978301+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Array Technologies completes acquisition of APA Solar for ~$159.9M cash plus deferred consideration

## Summary
- Cash consideration ~$159.9M net of adjustments; additional deferred consideration equal to 20% of purchase price payable over 2 years.
- Earnout consideration up to $40M in shares based on APA's performance over three years ending Sep 2028, capped at $90M cumulative.
- Acquisition expected to be accretive to earnings; company expects to update full-year guidance on Q3 earnings call.
- APA will operate as a strategic business unit within Array, continuing under its brand.
- Deal enhances Array's product portfolio with tracker-compatible foundation systems and fixed-tilt racking.

## SEC filing metadata
- accession: 0001193125-25-180827
- form_type: 8-K
- ticker: ARRY
- cik: 0001820721
- company_name: Array Technologies, Inc.
- filed_at: 2025-08-14T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1820721/000119312525180827/0001193125-25-180827-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1820721/000119312525180827/d41409d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-180827
- JSON: https://secwatch.observer/filing/0001193125-25-180827.json
- Plain text: https://secwatch.observer/filing/0001193125-25-180827.txt

## Key facts
- M&A Transactions
  Array Technologies, Inc. completed an acquisition involving APA Solar, LLC for approximately $159.9 million, net of preliminary and customary purchase price adjustments (closed 2025-08-14).
  - Action: acquisition
  - Counterparty: APA Solar, LLC
  - Consideration: approximately $159.9 million, net of preliminary and customary purchase price adjustments
  - Closing: 2025-08-14
  source text: and the guarantors party thereto. At the closing of the APA Acquisition, pursuant to the Purchase Agreement, the Company paid cash consideration to the Seller of approximately $159.9 million, net of preliminary and customary purchase price adjustments and subject to final post-closing settlement (after giving effect to such settlement, the “Purchase Price”). The
  evidence_url: https://www.sec.gov/Archives/edgar/data/1820721/000119312525180827/0001193125-25-180827-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.