secwatch.observer — SEC 8-K summary ====================================== Issuer: AEVEX Corp. (AVEX) CIK: 0002096300 Form: 8-K Filed at: 2026-08-12T20:18:21+00:00 Accession: 0001193125-26-346904 Event type: m_and_a Sentiment: positive Materiality: 0.90 Item codes: 1.01, 3.02, 7.01, 9.01 LLM model: deepseek-v4-flash:cloud@v2 AEVEX to acquire BlackSea Technologies for up to $650M in cash and stock ------------------------------------------------------------------------ - Deal value: $600M base enterprise value plus up to $50M earnout; consideration ~$350M stock (12.7M shares at $27.50) + cash. - Expected close September 2026, subject to HSR waiting period expiration and customary conditions; no stockholder vote required. - BlackSea expected to generate $150M FY2026 revenue with margins in line with AEVEX; adds USV/UUV maritime capabilities. - BlackSea operates 57,000-sq-ft Baltimore facility with ~40 USVs/month capacity; cash portion financed from cash on hand and existing credit. - Seller restricted from transferring shares for 180 days; up to 70% transferable by day 365; earnout tied to share price and GARC/CHASER/COMET revenue. Source: EDGAR index: https://www.sec.gov/Archives/edgar/data/2096300/000119312526346904/0001193125-26-346904-index.htm Primary doc: https://www.sec.gov/Archives/edgar/data/2096300/000119312526346904/d139310d8k.htm HTML page: https://secwatch.observer/filing/0001193125-26-346904 License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer