secwatch.observer — SEC 8-K summary
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Issuer:     SunocoCorp LLC (SUNC)
CIK:        0002089661
Form:       8-K
Filed at:   2025-11-03T23:59:59+00:00
Accession:  0001193125-25-261818
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.01, 2.01, 3.02, 3.03, 4.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SunocoCorp completes acquisition of Parkland, issues ~51.5M units and pays CAD 3.458B cash
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- Parkland shareholders received CAD 19.80 cash + 0.295 SUNC units per share (mix election) or alternative cash/unit combinations.
- SunocoCorp issued ~51.5M common units (SUNC) and paid ~CAD 3.458B cash; SUNC begins trading on NYSE Nov 6, 2025.
- SunocoCorp now holds 27.4% interest in Sunoco LP via Class D units; SunocoCorp controls Sunoco GP board through Delegation Agreement with Energy Transfer.
- Grant Thornton appointed as SunocoCorp's independent auditor; new board and officers named including CEO Joseph Kim and CFO Dylan Bramhall.
- Omnibus Agreement ensures SunocoCorp distributions match Sunoco LP distributions for at least eight quarters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2089661/000119312525261818/0001193125-25-261818-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2089661/000119312525261818/d86949d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-261818

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