secwatch.observer — SEC 8-K summary
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Issuer:     Trilogy International Partners Inc. (—)
CIK:        0001689382
Form:       8-K
Filed at:   2023-07-06T23:59:59+00:00
Accession:  0001654954-23-008887
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Trilogy Intl distributes C$27.5M to shareholders, CFO departs, CEO takes over
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- Return of capital distribution of C$27.5M (C$0.31/share) payable July 28, 2023 to holders of record July 19.
- Distribution follows release of escrow funds from May 2022 sale of New Zealand subsidiary 2degrees.
- After distribution, company holds ~US$8M reserve for expenses through May 2028; expects to dissolve thereafter.
- CFO Erik Mickels resigns effective July 31, 2023; CEO Brad Horwitz assumes CFO role.
- Mickels leaving to become CFO of MarketWise, Inc.; board thanks him for nine years of service.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1689382/000165495423008887/0001654954-23-008887-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1689382/000165495423008887/trl_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-23-008887

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