secwatch.observer — SEC 8-K summary
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Issuer:     ODP Corp (—)
CIK:        0000800240
Form:       8-K
Filed at:   2025-12-10T23:59:59+00:00
Accession:  0001193125-25-314368
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Atlas Holdings completes ~$1B all-cash acquisition of ODP; ODP goes private
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- ODP shareholders received $28/share; total transaction valued at ~$1B.
- ODP common stock delisted from NASDAQ; trading suspended Dec. 10, 2025.
- Craig Gunckel appointed CEO, succeeding Gerry Smith, who departed.
- Former ODP board replaced; new directors: Timothy Fazio, Michael Sher, Zachary Dauber.
- ODP now a private subsidiary of Atlas Holdings; credit agreement amended for change in control.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/800240/000119312525314368/0001193125-25-314368-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/800240/000119312525314368/d76250d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-314368

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