secwatch.observer — SEC 8-K summary
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Issuer:     STEELCASE INC (—)
CIK:        0001050825
Form:       8-K
Filed at:   2025-12-11T23:59:59+00:00
Accession:  0001193125-25-315864
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HNI Corporation completes acquisition of Steelcase Inc.; SCS delisted from NYSE
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- Each SCS share receives either $7.20 cash + 0.2192 HNI shares, $16.19 cash + 0.0009 HNI shares, or 0.3940 HNI shares.
- Combined pro forma annual revenues of $5.8 billion.
- SCS common stock halted and delisted from NYSE; Form 25 filed on December 10, 2025.
- All prior SCS directors resigned; new directors appointed: Jeffrey Lorenger, Vincent Berger, Steven Bradford.
- Steelcase's credit agreement terminated with no outstanding borrowings as of closing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050825/000119312525315864/0001193125-25-315864-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050825/000119312525315864/d77540d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-315864

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