secwatch / observer
8-K filed December 6, 2023, 6:59 PM ET ticker LAKE CIK 0000798081
M&A confidence high sentiment neutral materiality 0.60

Lakeland Industries acquires Pacific Helmets for NZ$14M

LAKELAND INDUSTRIES INC

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

LAKELAND INDUSTRIES INC amended Amendment No. 3 to Loan Agreement with Bank of America, N.A. valued at Lender consented to acquisition; amendments to permit additional indebtedness, exempt Pacific from c (effective 2023-11-30).

Action
amendment
Agreement
credit facility
Counterparty
Bank of America, N.A.
Value
Lender consented to acquisition; amendments to permit additional indebtedness, exempt Pacific from c
Effective
2023-11-30
Exact text from the filing
On November 30, 2023, the Company entered into Amendment No. 3 to Loan Agreement by and between Bank of America, N.A. (the “Lender”) and the Company (the “Third Amendment”).
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.95

LAKELAND INDUSTRIES INC entered into Share Sale and Purchase Agreement with Pacific Helmets NZ Limited valued at Purchase price of NZ$14,000,000 (effective 2023-11-30).

Action
entry
Agreement
asset purchase
Counterparty
Pacific Helmets NZ Limited
Value
Purchase price of NZ$14,000,000
Effective
2023-11-30
Exact text from the filing
On November 30, 2023, Lakeland NZ Limited, a wholly-owned subsidiary of Lakeland Industries, Inc. (the “Company”), entered into a Share Sale and Purchase Agreement (the “Purchase Agreement”), by and between Pacific Helmets NZ Limited (“Pacific”) and Lakeland NZ Limited, pursuant to which Lakeland NZ Limited acquired all of the shares of Pacific for a purchase price of NZ$14,000,000, subject to post-closing adjustments and customary holdback provisions.
View on SEC.gov

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LAKELAND INDUSTRIES INC filing history →

Source: SEC EDGAR
accession 0001654954-23-015218
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