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

Issuer:     FOX FACTORY HOLDING CORP (FOXF)
CIK:        0001424929
Form:       8-K
Filed at:   2023-11-03T23:59:59+00:00
Accession:  0001424929-23-000153
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Fox Factory to acquire Wheelhouse (Marucci Sports) for $572M enterprise value
-----------------------------------------------------------------------------

- Enterprise value of $572 million; purchase price subject to working capital and debt adjustments.
- Acquisition financed via up to $400M term loan and $200M delayed draw term loan under existing credit facility.
- Transaction expected to close in November 2023; subject to HSR and other customary conditions.
- Wheelhouse owns Marucci Sports, a designer and marketer of premium baseball/softball equipment.
- Incremental term loans carry SOFR + 1.50-2.50% margin with April 2027 maturity.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1424929/000142492923000153/0001424929-23-000153-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1424929/000142492923000153/foxf-20231101.htm
  HTML page:      https://secwatch.observer/filing/0001424929-23-000153

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