secwatch.observer — SEC 8-K summary
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Issuer:     TWIN DISC INC (TWIN)
CIK:        0000100378
Form:       8-K
Filed at:   2022-09-15T23:59:59+00:00
Accession:  0001437749-22-022535
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 1.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Twin Disc to sell Belgium facility for €6.95M, lease back for €472K/year
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- Sale of manufacturing facility in Nivelles, Belgium to Lock'O S.A. for €6,950,000.
- Two-year renewable leaseback at €472,000 per year plus value-added tax.
- Expected closing on or before January 13, 2023, subject to closing conditions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100378/000143774922022535/0001437749-22-022535-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100378/000143774922022535/twin20220914_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-022535

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