---
schema_version: "secwatch.filing_event.v1"
accession: "0001821393-24-000152"
form_type: "8-K"
ticker: null
cik: "0001821393"
company_name: "Aaron's Company, Inc."
filed_at: "2024-10-04T23:59:59+00:00"
generated_at: "2026-05-30T20:38:59.457411+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 1.0
calibrated_materiality_score: 1.0
confidence: "high"
source: SEC EDGAR
---

# Aaron's Company acquired by IQVentures for $10.10/share; stock delisted

## Summary
- Merger closed Oct 3, 2024; shareholders received $10.10 per share in cash.
- Aggregate Merger Consideration paid was approximately $310.7 million.
- NYSE trading suspended Oct 4, 2024; Form 25 filed; Company intends to deregister via Form 15.
- All prior directors departed; Michael Durbin, Cory Miller, Sean O'Brien appointed as directors.
- Articles of incorporation and bylaws amended and restated effective at close.

## SEC filing metadata
- accession: 0001821393-24-000152
- form_type: 8-K
- cik: 0001821393
- company_name: Aaron's Company, Inc.
- filed_at: 2024-10-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 1.0
- calibrated_materiality_score: 1.0
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/aan-20241004.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001821393-24-000152
- JSON: https://secwatch.observer/filing/0001821393-24-000152.json
- Plain text: https://secwatch.observer/filing/0001821393-24-000152.txt

## Key facts
- Executive change
  Michael Durbin was appointed as Director at Aaron's Company, Inc..
  - Action: appointed
  - Role: Director
  source text: the directors of Merger Sub immediately prior to the Effective Time, which consisted of Michael Durbin, Cory Miller and Sean O’Brien, became the directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm
- Executive change
  Cory Miller was appointed as Director at Aaron's Company, Inc..
  - Action: appointed
  - Role: Director
  source text: the directors of Merger Sub immediately prior to the Effective Time, which consisted of Michael Durbin, Cory Miller and Sean O’Brien, became the directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm
- Executive change
  Sean O’Brien was appointed as Director at Aaron's Company, Inc..
  - Action: appointed
  - Role: Director
  source text: the directors of Merger Sub immediately prior to the Effective Time, which consisted of Michael Durbin, Cory Miller and Sean O’Brien, became the directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm
- Governance Changes
  Aaron's Company, Inc.: Bylaws amended and restated to match Merger Sub's bylaws.
  - Change: bylaw amendment
  source text: the Amended and Restated Articles of Incorporation and the Amended and Restated Bylaws of the Company, in each case as in effect immediately prior to the Effective Time, were amended and restated to be in the form of the articles of incorporation and the bylaws, respectively, of Merger Sub, in accordance with the terms of the Merger Agreement (except that references to the name of Merger Sub were replaced by the name of the Company)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm
- Governance Changes
  Aaron's Company, Inc.: Articles of Incorporation amended and restated to match Merger Sub's articles.
  - Change: charter amendment
  source text: the Amended and Restated Articles of Incorporation and the Amended and Restated Bylaws of the Company, in each case as in effect immediately prior to the Effective Time, were amended and restated to be in the form of the articles of incorporation and the bylaws, respectively, of Merger Sub, in accordance with the terms of the Merger Agreement (except that references to the name of Merger Sub were replaced by the name of the Company)
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm
- M&A Transactions
  Aaron's Company, Inc. underwent a change of control involving IQVentures Holdings, LLC for $10.10 in cash (closed 2024-10-03).
  - Action: change of control
  - Counterparty: IQVentures Holdings, LLC
  - Consideration: $10.10 in cash
  - Closing: 2024-10-03
  source text: of IQV and shares owned by shareholders who have properly exercised dissenters’ rights under the Georgia Business Corporation Code) was converted into the right to receive $10.10 in cash, without interest (the “Merger Consideration”). In addition, pursuant to the Merger Agreement, as of the Effective Time: • Each outstanding Company stock option granted
  evidence_url: https://www.sec.gov/Archives/edgar/data/1821393/000182139324000152/0001821393-24-000152-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.