secwatch.observer — SEC 8-K summary
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Issuer:     V2X, Inc. (VVX)
CIK:        0001601548
Form:       8-K
Filed at:   2022-03-07T23:59:59+00:00
Accession:  0001601548-22-000006
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 1.01, 3.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vectrus to merge with Vertex in all-stock deal; pro forma revenue ~$3.4B
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- Vertex shareholders to own ~62% of combined company; Vectrus shareholders ~38%; AIP to own ~58%.
- Pro forma 2021 revenue ~$3.4B, adjusted EBITDA ~$283M with $20M cost synergies, backlog ~$11.3B.
- Transaction expected to be accretive to adjusted EPS and free cash flow per share in first full year.
- Vectrus will issue ~20M shares as consideration; closing subject to shareholder approval and antitrust clearance.
- Combined company board to have 11 members: 5 from Vertex, 5 from Vectrus, plus CEO Chuck Prow.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1601548/000160154822000006/0001601548-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1601548/000160154822000006/vec-20220307.htm
  HTML page:      https://secwatch.observer/filing/0001601548-22-000006

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