secwatch.observer — SEC 8-K summary
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Issuer:     OneWater Marine Inc. (ONEW)
CIK:        0001772921
Form:       8-K
Filed at:   2026-02-03T23:59:59+00:00
Accession:  0001772921-26-000018
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OneWater Marine sells Ocean Bio-Chem for $50M, updates FY 2026 guidance
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- Completed sale of Ocean Bio-Chem Holdings for $50M; proceeds to reduce debt, target net leverage below 4.0x by FY end.
- Annual interest expense savings of ~$3.5M from debt prepayment.
- Updated FY 2026 guidance: total revenue $1.78B-$1.88B; adj. EBITDA $60M-$80M; adj. diluted EPS $0.20-$0.70.
- Deal part of portfolio optimization; OBCI manufactures specialty chemicals under Star brite, Star Tron, etc.
- Industry expected flat to down low single digits YoY; dealership same-store sales flat.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1772921/000177292126000018/0001772921-26-000018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1772921/000177292126000018/onew-20260203.htm
  HTML page:      https://secwatch.observer/filing/0001772921-26-000018

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