{"schema_version":"secwatch.filing_event.v1","accession":"0001424929-26-000052","form_type":"8-K","ticker":"FOXF","cik":"0001424929","company_name":"FOX FACTORY HOLDING CORP","filed_at":"2026-09-25T20:12:39+00:00","discovered_at":"2026-09-25T20:14:23.310777+00:00","generated_at":"2026-10-12T13:22:31.924905+00:00","sec_items":["7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.62,"calibrated_materiality_score":0.62,"confidence":"high","headline":"Fox Factory completes $225M Marucci Sports sale; net leverage to fall to ~2.7x from 3.7x","bullets":["$225M enterprise value: $200M cash at closing plus a $25M unsecured subordinated convertible note (principal and interest) maturing Dec 31, 2026.","Buyer is Squared Up Holdings, LLC, an acquisition vehicle led by and including members of Marucci's existing senior management.","$200M cash applied in full to credit facility borrowings; had the deal closed July 3, 2026, net leverage would have been ~2.7x vs 3.7x reported.","Annualized interest expense reduced by ~$16M, expected to reach ~$17M once the $25M note is paid by Dec 31, 2026.","Strategic review began Feb 2026: 80+ potential acquirers contacted, 15 indications of interest; ~$7.5M transaction costs to be paid with cash on hand."],"urls":{"canonical":"https://secwatch.observer/filing/0001424929-26-000052","json":"https://secwatch.observer/filing/0001424929-26-000052.json","markdown":"https://secwatch.observer/filing/0001424929-26-000052.md","text":"https://secwatch.observer/filing/0001424929-26-000052.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000052/0001424929-26-000052-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000052/foxf-20260925.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:22:31.924905+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}