secwatch.observer — SEC 8-K summary
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Issuer:     MGP INGREDIENTS INC (MGPI)
CIK:        0000835011
Form:       8-K
Filed at:   2021-11-04T23:59:59+00:00
Accession:  0001628280-21-021791
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MGP Ingredients files pro forma financials reflecting Luxco acquisition; combined revenue $503.7M, net income $55.6M
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- Pro forma combined sales $503.7M, net income $55.6M, diluted EPS $2.53 for YTD Sept 30, 2021.
- Total merger consideration $446.4M: $237.5M cash + 5,007,833 shares valued at $296.2M (22.8% post-close).
- Purchase price adjustment finalized Sept 2021: cash reduced ~$0.6M, shares increased by 1,373 shares.
- Goodwill $224.9M, intangible assets $219.5M (trade names $178.1M, distributor relationships $41.4M).
- Merger-related costs $12.1M in SG&A; will not recur beyond one year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/835011/000162828021021791/0001628280-21-021791-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/835011/000162828021021791/mgpi-20211104.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-021791

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