---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-041248"
form_type: "8-K"
ticker: "FWRD"
cik: "0000912728"
company_name: "FORWARD AIR CORP"
filed_at: "2023-12-11T23:59:59+00:00"
generated_at: "2026-06-07T15:21:26.826972+00:00"
event_type: "m_and_a"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Forward Air files pro forma financials for Omni acquisition; pro forma net loss of $89.4M

## Summary
- Pro forma combined revenues for 9mo Sep 30, 2023: $2.214B; net loss attributable to common: $89.4M.
- Pro forma combined assets of $4.376B as of Sep 30, 2023, including goodwill of $1.658B.
- Estimated purchase price of ~$2.645B; comprised of $150M cash, equity, and contingent consideration.
- Financing includes $725M 9.500% senior secured notes due 2031, $1.125B term loan B, and $400M revolver.
- Pro forma EPS for 9mo 2023: basic ($3.35), diluted ($3.35) vs prior standalone FWRD EPS of $2.51.

## SEC filing metadata
- accession: 0001628280-23-041248
- form_type: 8-K
- ticker: FWRD
- cik: 0000912728
- company_name: FORWARD AIR CORP
- filed_at: 2023-12-11T23:59:59+00:00
- event_type: m_and_a
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912728/000162828023041248/0001628280-23-041248-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912728/000162828023041248/fwrd-20231211.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-041248
- JSON: https://secwatch.observer/filing/0001628280-23-041248.json
- Plain text: https://secwatch.observer/filing/0001628280-23-041248.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
