secwatch.observer — SEC 8-K summary
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Issuer:     Kenvue Inc. (KVUE)
CIK:        0001944048
Form:       8-K
Filed at:   2023-05-08T23:59:59+00:00
Accession:  0001628280-23-016423
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Kenvue Inc. completes IPO of 198.7M shares at $22.00 per share, separates from Johnson & Johnson
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- Kenvue raised net proceeds of $4,241 million from IPO of 198,734,444 shares at $22.00 per share.
- Johnson & Johnson retains 1.716 billion shares of Kenvue, representing approximately 89.6% ownership after IPO.
- Kenvue and Johnson & Johnson entered into a Separation Agreement and multiple ancillary agreements on May 3, 2023.
- Vasant Prabhu appointed as director effective May 4, 2023; seven additional directors appointed as of May 8, 2023.
- Kenvue amended its certificate of incorporation and bylaws, effective as of May 3, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1944048/000162828023016423/0001628280-23-016423-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1944048/000162828023016423/kvue-20230503.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-016423

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