---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-064210"
form_type: "8-K"
ticker: "EHAB"
cik: "0001803737"
company_name: "Enhabit, Inc."
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:13:50.253633+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Enhabit to be acquired by Kinderhook Industries for $13.80/share, ~$1.1B EV

## Summary
- Cash consideration of $13.80 per share, a 24.4% premium to Feb 20 close and 33.8% to 60-day VWAP.
- Total enterprise value ~$1.1B; transaction expected to close H2 2026, pending stockholder and regulatory approvals.
- Company termination fee ~$24.5M; Parent termination fee ~$44.6M under specified conditions.
- Equity commitment of $688M from Kinderhook funds; debt financing committed but Merger not conditioned on financing.
- Board unanimously approved; stockholders with >2% voting power entered support agreements to vote in favor.

## SEC filing metadata
- accession: 0001193125-26-064210
- form_type: 8-K
- ticker: EHAB
- cik: 0001803737
- company_name: Enhabit, Inc.
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1803737/000119312526064210/0001193125-26-064210-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1803737/000119312526064210/d29040d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-064210
- JSON: https://secwatch.observer/filing/0001193125-26-064210.json
- Plain text: https://secwatch.observer/filing/0001193125-26-064210.txt

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