{"schema_version":"secwatch.filing_event.v1","accession":"0001424929-26-000057","form_type":"8-K","ticker":"FOXF","cik":"0001424929","company_name":"FOX FACTORY HOLDING CORP","filed_at":"2026-09-29T20:07:22+00:00","discovered_at":"2026-09-29T20:08:00.592496+00:00","generated_at":"2026-10-12T13:48:39.013079+00:00","sec_items":["1.01","2.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Fox Factory closes $225M sale of Marucci bats unit to management-led buyer; books $120M loss","bullets":["Wheelhouse Holdings/Marucci Sports divested at $225M enterprise value: $200M cash plus a $25M unsecured subordinated convertible note; cash proceeds used to pay down the credit facility.","Note: $24.7M due Dec 31, 2026 at 4.55%, stepping to 10% if unpaid, with quarterly PIK interest and a $2.5M automatic principal step-up; convertible into Intermediate Co. equity.","Fox recognized a $120.1M loss on disposal: $337.6M of net assets disposed versus $225M consideration received, plus $7.5M of transaction costs.","Pro forma FY2025 net sales $1.28B vs $1.47B historical (-12.7%); pro forma net loss per share $(15.82) vs $(13.03); pro forma cash rises to $250.8M from $61.3M.","Buyer Squared Up Holdings is an acquisition vehicle for an investor group led by Marucci senior management; the deal includes a $250,000 collar on post-closing purchase-price adjustments."],"urls":{"canonical":"https://secwatch.observer/filing/0001424929-26-000057","json":"https://secwatch.observer/filing/0001424929-26-000057.json","markdown":"https://secwatch.observer/filing/0001424929-26-000057.md","text":"https://secwatch.observer/filing/0001424929-26-000057.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000057/0001424929-26-000057-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1424929/000142492926000057/foxf-20260925.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T13:48:39.013079+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"}