secwatch.observer — SEC 8-K summary
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Issuer:     GRAHAM CORP (GHM)
CIK:        0000716314
Form:       8-K
Filed at:   2026-01-26T23:59:59+00:00
Accession:  0001193125-26-021705
Event type: m_and_a
Sentiment:  positive
Materiality: 0.80
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Graham acquires FlackTek for $35M plus $25M earnout; adds advanced mixing platform
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- Base purchase price of $35M paid 85% cash/15% stock (75,818 shares); up to $25M performance-based earnout over 4 years.
- FlackTek has ~$30M annualized revenue; base price ~12x projected 2026 adjusted EBITDA.
- Credit facility amended from $50M to $80M to fund acquisition; pro forma leverage ~1.2x.
- FlackTek CEO Matt Gross joins Graham as VP & GM; acquisition adds third core platform alongside vacuum/heat transfer and turbomachinery.
- Further details will be provided on the FY2026 Q3 earnings call on Feb 6, 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/716314/000119312526021705/0001193125-26-021705-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/716314/000119312526021705/d47192d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-021705

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