secwatch.observer — SEC 8-K summary
======================================

Issuer:     Custom Truck One Source, Inc. (CTOS)
CIK:        0001709682
Form:       8-K
Filed at:   2021-11-15T23:59:59+00:00
Accession:  0001709682-21-000076
Event type: other_material
Sentiment:  negative
Materiality: 0.50
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Custom Truck One Source reports pro forma net loss of $87.9M on $1.13B revenue for nine months ending Sep 2021
--------------------------------------------------------------------------------

- Pro forma net loss $87.9M ($0.36 diluted EPS loss); combined revenue $1.127B.
- Acquisition of Custom Truck LP closed April 1, 2021; total consideration includes $920M in 5.5% senior secured notes due 2029 and $750M ABL facility.
- Issued 148.6M shares to Platinum for $743M and 28M shares to PIPE investors for $140M.
- Pro forma operating income $9.2M; revenue breakdown: rental $307.9M, equipment sales $728.8M, parts/services $90.5M.
- Transaction and other expenses of $7.7M after adjustment; interest expense net $59.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1709682/000170968221000076/0001709682-21-000076-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1709682/000170968221000076/nsco-20211115.htm
  HTML page:      https://secwatch.observer/filing/0001709682-21-000076

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