secwatch.observer — SEC 8-K summary
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Issuer:     Mayville Engineering Company, Inc. (MEC)
CIK:        0001766368
Form:       8-K
Filed at:   2023-07-05T23:59:59+00:00
Accession:  0001558370-23-011696
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mayville Engineering closes acquisition of Mid-States Aluminum for ~$96M
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- Purchase price $95,944,962, subject to cash, debt, working capital adjustments.
- Net consideration paid at closing was $90,001,726, with $8.5M escrowed for adjustments and indemnification.
- Acquisition financed under amended credit agreement dated June 28, 2023.
- MSA is a manufacturer of custom aluminum extrusions, fabrications, and finishing services.
- Required MSA financial statements and pro forma info to be filed by Sept 16, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1766368/000155837023011696/0001558370-23-011696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1766368/000155837023011696/tmb-20230701x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-011696

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