---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-039497"
form_type: "8-K"
ticker: "MCFT"
cik: "0001638290"
company_name: "MasterCraft Boat Holdings, Inc."
filed_at: "2026-02-05T23:59:59+00:00"
generated_at: "2026-05-16T04:27:45.090759+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# MasterCraft to acquire Marine Products for $2.43 cash and 0.232 shares per share

## Summary
- Merger consideration: each Marine Products share converts to 0.232 MasterCraft shares plus $2.43 cash.
- Voting agreement covers ~69.1% of Marine Products shares; termination fee $11.6M if deal fails.
- MasterCraft board expands from 7 to 10 members; adds Timothy Rollins, Callum Macgregor, Stephen Lewis.
- Credit facility amended: $75M revolver, maturity extended to 2031, plus $100M accordion.
- New Executive Severance Plan provides 2x salary CEO, 1.5x other execs on change-in-control termination.

## SEC filing metadata
- accession: 0001193125-26-039497
- form_type: 8-K
- ticker: MCFT
- cik: 0001638290
- company_name: MasterCraft Boat Holdings, Inc.
- filed_at: 2026-02-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1638290/000119312526039497/0001193125-26-039497-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1638290/000119312526039497/d55833d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-039497
- JSON: https://secwatch.observer/filing/0001193125-26-039497.json
- Plain text: https://secwatch.observer/filing/0001193125-26-039497.txt

## Key facts
- Material Agreements
  MasterCraft Boat Holdings, Inc. entered into Agreement and Plan of Merger with Marine Products Corporation (effective 2026-02-05).
  - Action: entry
  - Agreement: merger
  - Counterparty: Marine Products Corporation
  - Effective: 2026-02-05
  source text: MasterCraft Boat Holdings, Inc., a Delaware corporation (“MasterCraft”), Titan Merger Sub 1, Inc., a Delaware corporation and a direct wholly owned subsidiary of MasterCraft (“Merger Sub I”), Titan Merger Sub 2, LLC, a Delaware limited liability company and a direct wholly owned subsidiary of MasterCraft (“Merger Sub II”), and Marine Products Corporation, a Delaware corporation (“Marine Products”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1638290/000119312526039497/0001193125-26-039497-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.