secwatch.observer — SEC 8-K summary
======================================

Issuer:     Emerald Holding, Inc. (EEX)
CIK:        0001579214
Form:       8-K/A
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001564590-22-010450
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Emerald files MJBiz audited financials: $844K impairment, $8.1M owner distributions in 2020
--------------------------------------------------------------------------------

- Acquisition of MJBiz from Anne Holland Ventures closed Dec 31, 2021; audited FY2020 and FY2019 financials now filed.
- FY2020 impairment charges of $843,952 on intangible assets and software due to COVID-related event cancellations.
- Owner distributions totaled $8,144,001 in FY2020 and $9,074,232 in FY2019.
- COVID-19 forced cancellation of substantially all face-to-face events in 2020; insurance claims filed in Q1 2021.
- One vendor accounted for 44% of cost of revenue in FY2019 and 68% of accrued liabilities as of Dec 31, 2019.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1579214/000156459022010450/0001564590-22-010450-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1579214/000156459022010450/eex-8ka_20211231.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-010450

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