{"schema_version":"secwatch.filing_event.v1","accession":"0001437749-25-007051","form_type":"8-K","ticker":"LYTS","cik":"0000763532","company_name":"LSI INDUSTRIES INC","filed_at":"2025-03-11T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.293927+00:00","generated_at":"2026-05-25T00:24:12.269004+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"LSI Industries acquires Canada's Best Holdings for $31M in accretive all-cash deal","bullets":["All-cash purchase price of $24M plus $7M performance earnout; funded via cash and $100M credit facility.","CBH averaged $24M sales and $4M adjusted EBITDA over last two fiscal years; expected immediately accretive to EPS.","Third custom-display acquisition in four years (JSI 2021, EMI 2024); expands Canadian manufacturing footprint.","Minimal customer overlap: ~80% of CBH revenue from customers not currently served by LSI.","Pro-forma net debt to trailing EBITDA ~1.1x; LSI aims to significantly reduce leverage within 24 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001437749-25-007051","json":"https://secwatch.observer/filing/0001437749-25-007051.json","markdown":"https://secwatch.observer/filing/0001437749-25-007051.md","text":"https://secwatch.observer/filing/0001437749-25-007051.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/763532/000143774925007051/0001437749-25-007051-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/763532/000143774925007051/lyts20250310_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T00:24:12.269004+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"}