---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-059677"
form_type: "8-K"
ticker: "MASI"
cik: "0000937556"
company_name: "MASIMO CORP"
filed_at: "2024-07-08T23:59:59+00:00"
generated_at: "2026-05-31T23:16:28.733481+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Masimo Receives Non-Binding Offer of $850M-$950M for Consumer Business from Potential JV Partner

## Summary
- Masimo entered non-binding term sheet with Potential JV Partner on May 7, 2024, for sale of majority stake in consumer businesses.
- On July 2, 2024, Potential JV Partner provided term sheet confirmation offering $850M-$950M for consumer business on cash/debt free basis.
- Exclusivity period extended through mid-August 2024 to allow one to two other companies to conduct due diligence and potentially join.
- Masimo intends to negotiate for a higher price as the offer is lower than prior term sheet price.
- Board continues to evaluate separation structures including a possible spin-off of consumer business.

## SEC filing metadata
- accession: 0001213900-24-059677
- form_type: 8-K
- ticker: MASI
- cik: 0000937556
- company_name: MASIMO CORP
- filed_at: 2024-07-08T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/937556/000121390024059677/0001213900-24-059677-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/937556/000121390024059677/ea0209051-8k_masimo.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-059677
- JSON: https://secwatch.observer/filing/0001213900-24-059677.json
- Plain text: https://secwatch.observer/filing/0001213900-24-059677.txt

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