secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K
Filed at:   2023-12-07T23:59:59+00:00
Accession:  0001718227-23-000085
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 3.02
LLM model:  deepseek-v4-flash:cloud@v2

Construction Partners completes stock exchanges shifting voting power to SunTx affiliates
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- SunTx Partners II exchanged 132,682 Class A shares for Class B; SunTx Dutch LP exchanged 67,318 Class A for Class B.
- AMDG and CJCT each exchanged 100,000 Class B shares for Class A shares.
- Total shares of each class outstanding unchanged after net 200,000 share swap between classes.
- Class B shares carry 10 votes per share vs. 1 vote per Class A share, increasing SunTx voting control.
- Shares issued without commission under Section 3(a)(9) exemption; effective December 1, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000171822723000085/0001718227-23-000085-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000171822723000085/road-20231201.htm
  HTML page:      https://secwatch.observer/filing/0001718227-23-000085

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