Extracted from this filing and checked against the source text.
M&A Transactions
SEC 8-K Item 2.01/5.01
confidence 0.95
BROADWIND, INC. completed a disposition involving IES Infrastructure (a wholly-owned subsidiary of IES Holdings, Inc.) for aggregate purchase price of up to $19.5 million in cash and non-cash consideration in the form of a below market lease (closed 2026-04-30).
- Action
- disposition
- Counterparty
- IES Infrastructure (a wholly-owned subsidiary of IES Holdings, Inc.)
- Consideration
- aggregate purchase price of up to $19.5 million in cash and non-cash consideration in the form of a below market lease
- Closing
- 2026-04-30
Exact text from the filing
On April 30, 2026, the Company’s wholly-owned subsidiary, Broadwind Heavy Fabrications, Inc. (“Heavy Fabrications”) entered into a definitive agreement with IES Infrastructure, a wholly-owned subsidiary of IES Holdings, Inc. (NASDAQ: IESC), under which Heavy Fabrications has sold its production facility in Abilene, Texas (the “Facility”), including real property, equipment, machinery and other items, to IES Infrastructure for an aggregate purchase price of up to $19.5 million in cash and non-cash consideration in the form of a below market lease, subject to certain purchase price adjustments.
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
BROADWIND, INC. entered into a lease with IES Infrastructure (effective 2026-04-30).
- Action
- entry
- Agreement
- lease
- Counterparty
- IES Infrastructure
- Effective
- 2026-04-30
Exact text from the filing
At closing, Heavy Fabrications entered into a short-term lease agreement with IES Infrastructure, pursuant to which Heavy Fabrications will lease the Facility and related assets from IES Infrastructure for nominal rent for a term that is expected to end on September 5, 2026
View on SEC.gov
Material Agreements
SEC 8-K Item 1.01/1.02
confidence 0.9
BROADWIND, INC. entered into a asset purchase with IES Infrastructure valued at $19.5 million (effective 2026-04-30).
- Action
- entry
- Agreement
- asset purchase
- Counterparty
- IES Infrastructure
- Value
- $19.5 million
- Effective
- 2026-04-30
Exact text from the filing
entered into a definitive agreement with IES Infrastructure, a wholly-owned subsidiary of IES Holdings, Inc. (NASDAQ: IESC), under which Heavy Fabrications has sold its production facility in Abilene, Texas (the “Facility”), including real property, equipment, machinery and other items, to IES Infrastructure for an aggregate purchase price of up to $19.5 million in cash and non-cash consideration in the form of a below market lease
View on SEC.gov