secwatch.observer — SEC 8-K summary
======================================

Issuer:     Quest Resource Holding Corp (QRHC)
CIK:        0001442236
Form:       8-K
Filed at:   2025-04-04T23:59:59+00:00
Accession:  0001193805-25-000429
Event type: m_and_a
Sentiment:  positive
Materiality: 0.70
Item codes: 1.01, 2.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Quest Resource sells non-core RWS tenant-direct business for $5M cash plus up to $6.5M earnout
--------------------------------------------------------------------------------

- Transaction closed March 31, 2025; buyer Lincoln Waste Solutions (part of Reconomy).
- Cash consideration $5,004,164 at closing; up to $6.5M in milestone payments over 3 years plus AR remittance.
- CEO says sale eliminates non-profitable line with inconsistent performance; proceeds to pay down debt.
- Sale enables increased focus on core portfolio of diverse industries for growth.
- Credit agreements with Monroe Capital and PNC amended to consent and modify debt definitions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1442236/000119380525000429/0001193805-25-000429-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1442236/000119380525000429/e664363_8k-questresrouces.htm
  HTML page:      https://secwatch.observer/filing/0001193805-25-000429

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