secwatch.observer — SEC 8-K summary
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Issuer:     VSE CORP (VSEC)
CIK:        0000102752
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001193125-26-038592
Event type: other_material
Sentiment:  neutral
Materiality: 0.80
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VSE raises $446.2M in tangible equity units offering to fund PAG acquisition
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- Net proceeds ~$446.2M from 9,200,000 tangible equity units at $50/unit.
- Each unit consists of a prepaid stock purchase contract and an amortizing note with 5.75% annual yield.
- Proceeds will fund part of cash consideration for previously announced PAG HoldCo (Precision Aviation Group) acquisition.
- Units begin trading on Nasdaq under symbol VSECU on February 5, 2026.
- Executive officers and directors subject to 60-day lock-up agreements on stock sales.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/102752/000119312526038592/0001193125-26-038592-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/102752/000119312526038592/d31199d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-038592

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