secwatch.observer — SEC 8-K summary
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Issuer:     Orion Group Holdings Inc (ORN)
CIK:        0001402829
Form:       8-K
Filed at:   2024-07-02T23:59:59+00:00
Accession:  0001402829-24-000051
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Orion Group subsidiary agrees to sell 341 acres in Texas for $30.5M
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- Subsidiary East & West Jones Placement Areas, LLC enters agreement to sell 341.3 acres in Harris County, TX.
- Purchase price of $30.5 million; buyer is Capital Development Partners Acquisitions, LLC.
- Closing anticipated on or before September 30, 2024, subject to customary due diligence.
- Property subject to deed restrictions: no residential/health care use for 50 years, no dredging for 5 years.
- Earnest money of $150,000 to be deposited; Purchaser has 75-day inspection period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1402829/000140282924000051/0001402829-24-000051-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1402829/000140282924000051/orn-20240702x8k.htm
  HTML page:      https://secwatch.observer/filing/0001402829-24-000051

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