secwatch / observer

Perimeter Solutions, Inc. — fact timeline

Source-grounded facts extracted from Perimeter Solutions, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

PRM Perimeter Solutions, Inc. JSON
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Ratification of the appointment of KPMG LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2026 at the 2026-05-28 meeting.

“Proposal 3 The stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm of the Company for the year ending December 31, 2026. For Against Abstain Broker Non-Vote 148,255,291 12,597 200,538 —”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Approval, on an advisory basis, of the compensation of the Company's named executive officers at the 2026-05-28 meeting.

“Proposal 2 The stockholders approved, on an advisory basis, the compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 135,811,367 1,314,007 20,442 11,322,610”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Election of eight director nominees for a one-year term at the 2026-05-28 meeting.

“Proposal 1 The stockholders voted in favor of the election of the following director nominees as directors for a term of office expiring at the 2027 Annual Meeting of Stockholders or, in each case, until his or her successor is duly elected and qualified. For Against Abstain Broker Non-Vote W. Nicholas Howley 121,989,074 15,152,296 4,446 11,322,610 William N. Thorndike, Jr. 123,973,756 12,576,047 596,013 11,322,610 Haitham Khouri 136,227,039 898,148 20,629 11,322,610 Tracy Britt Cool 81,334,482 55,806,283 5,052 11,322,610 Sean Hennessy 121,153,508 15,971,780 20,529 11,322,610 Robert S. Henderson 116,878,371 20,247,350 20,096 11,322,610 Bernt Iversen II 106,853,150 30,271,634 21,033 11,322,610 Jorge L. Valladares III 135,313,069 1,798,521 34,226 11,322,610”
Earnings Releases

Perimeter Solutions, Inc. reported first quarter ended March 31, 2026 results: revenue $125.1 million, net income $72.9 million, EPS $0.44.

“across a range of niche applications, today reported financial results for its first quarter ended March 31, 2026. First Quarter 2026 Results • Net sales increased 74% to $125.1 million in the first quarter, as compared to $72.0 million in the prior year quarter. • Fire Safety net sales increased 22% to $45.5 million, as compared to $37.1 million in the prior”
Material Agreements

Perimeter Solutions, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $550 million (effective 2026-01-02).

“under an indenture, dated January 2, 2026 (the “Indenture”), by and among Perimeter Holdings, the guarantors party thereto and U.S. Bank Trust Company, National Association, as trustee and notes collateral agent.”
Debt Financings

Perimeter Solutions, Inc. incurred senior notes of $550 million with U.S. Bank Trust Company, National Association, as trustee and notes collateral agent at 6.250% per annum maturing January 15, 2034.

“On January 2, 2026, Perimeter Holdings, LLC (“Perimeter Holdings”), an indirect wholly owned subsidiary of Perimeter Solutions, Inc. (the “Company”), completed its previously announced offering of $550 million in aggregate principal amount of 6.250% senior secured notes due 2034 (the “Notes”) in transactions that were exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”).”
Material Agreements

Perimeter Solutions, Inc. amended Amended and Restated Credit Agreement with Morgan Stanley Senior Funding, Inc. valued at Senior secured revolving credit facility of up to $200.0 million; matures December 19, 2030; $40.0 m (effective 2025-12-19).

“On December 19, 2025, Perimeter Intermediate, LLC (“Perimeter Intermediate”), as guarantor and a wholly owned direct subsidiary of Perimeter Solutions, Inc. (“Perimeter” or the “Company”), and Perimeter Holdings, LLC (“Perimeter Holdings”), as borrower and a wholly owned indirect subsidiary of the Company, and certain of Perimeter Holdings’ subsidiaries, as guarantors, entered into an amended and restated credit agreement (the “Amended and Restated Credit Agreement”) with Morgan Stanley Senior Funding, Inc., as administrative agent, and other loan parties party thereto.”
Material Agreements

Perimeter Solutions, Inc. entered into Securities Purchase Agreement with the equity holders of MMT (the "Sellers") valued at $685 million in cash (effective 2025-12-09).

“On December 9, 2025, Perimeter Solutions North America, Inc., a Delaware corporation (the “Buyer”), a wholly-owned subsidiary of Perimeter Solutions, Inc. (the “Company”), entered into a Securities Purchase Agreement (the “Purchase Agreement”), by and among the Buyer, the Company, Thunderbird Midco, LLC, a Delaware limited liability company, and its subsidiaries (“MMT”), the equity holders of MMT (the “Sellers”), and certain other parties thereto pursuant to which the Buyer will acquire all of the outstanding capital stock of MMT from the Sellers for $685 million in cash, subject to certain customary adjustments as set forth in the Purchase Agreement (the “Acquisition”).”
Governance Changes

Perimeter Solutions, Inc.: Adopted new Bylaws upon redomiciliation to Delaware.

“the Company filed the Certificate of Incorporation and adopted its bylaws”
Governance Changes

Perimeter Solutions, Inc.: Filed new Certificate of Incorporation upon redomiciliation to Delaware from Luxembourg.

“the Company filed the Certificate of Incorporation and adopted its bylaws”
Earnings Releases

Perimeter Solutions, Inc. reported first quarter ended March 31, 2024 results: revenue $59.0 million, net income Net loss during the first quarter was $82.6 million, EPS $0.57 per diluted share.

“phosphorus-based specialty chemicals, today reported financial results for its first quarter ended March 31, 2024. First Quarter 2024 Results • Net sales increased 35% to $59.0 million in the first quarter, as compared to $43.9 million in the prior year quarter. • Fire Safety sales increased 34% to $25.2 million, as compared to $18.7 million in the prior year”
Auditor Changes

Perimeter Solutions, Inc. engaged KPMG, LLP as its auditor.

“On March 15, 2024, the Audit Committee approved, and the Board ratified, the engagement of KPMG as the Company’s independent registered public accounting firm”
Auditor Changes

Perimeter Solutions, Inc. dismissed BDO USA, P.C. as its auditor.

“on March 15, 2024, the Audit Committee approved, and the Board ratified, the dismissal of BDO USA, P.C. (“BDO”), the Company’s independent registered public accounting firm since 2021, effective March 18, 2024”
Earnings Releases

Perimeter Solutions, Inc. reported financial results for the fourth quarter, and full-year, ended December 31, 2023.

“On February 22, 2024, Perimeter Solutions, SA issued a press release announcing its financial results for its fiscal quarter ended December 31, 2023.”

Kyle Sable was appointed as Chief Financial Officer at Perimeter Solutions, Inc..

“Kyle Sable, 42, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Kropp’s departure.”

Charles Kropp resigned as Chief Financial Officer at Perimeter Solutions, Inc..

“Charles Kropp will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective November 16, 2023.”
Earnings Releases

Perimeter Solutions, Inc. reported third quarter ended September 30, 2023 results: revenue Net sales decreased 11% to $142.7 million, net income Net income during the third quarter was $19.3 million, or $0.12 per diluted share, EPS $0.12 per diluted share.

“as well as high-quality specialty chemicals, today reported financial results for its third quarter ended September 30, 2023. Third Quarter 2023 Results • Net sales decreased 11% to $142.7 million in the third quarter, as compared to $160.5 million in the prior-year quarter. • Fire Safety sales decreased 3% to $118.3 million, as compared to $122.0”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Advisory vote on the frequency of future Say-on-Pay votes.

“As previously reported, at the Annual Meeting a non-binding, advisory vote was taken on the frequency of future advisory votes on the compensation of the Company’s named executive officers (“Say-on-Pay”). At the Annual Meeting, the Company’s shareholders cast the highest number of votes in favor of holding future Say-on-Pay votes on an annual basis.”
Earnings Releases

Perimeter Solutions, Inc. reported year-to-date 2023 results: revenue $120.0 million, net income $61.4 million, EPS $0.36 per diluted share.

“Specialty Products Adjusted EBITDA decreased 61% to $4.5 million, as compared to $11.5 million in the prior-year quarter. Year-to-Date 2023 Results • Net sales decreased 24% to $120.0 million during the year-to-date period, as compared to $158.7 million in the prior-year period. • Fire Safety sales decreased 15% to $71.9 million, as compared to $85.0 million in the”
Earnings Releases

Perimeter Solutions, Inc. reported fiscal quarter ended June 30, 2023 results: revenue $76.1 million, net income $52.0 million, EPS $0.31 per diluted share.

“well as high-quality specialty chemicals, today reported financial results for its second quarter ended June 30, 2023. Second Quarter 2023 Results • Net sales decreased 25% to $76.1 million in the second quarter, as compared to $101.0 million in the prior-year quarter. • Fire Safety sales decreased 20% to $53.1 million, as compared to $66.6 million in the prior-year”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Approval of compensation of certain non-employee independent directors for 2022 at the 2023-06-22 meeting.

“The shareholders approved of the compensation of certain non-employee independent directors of the Company for 2022. For Against Abstain Broker Non-Vote 94,095,528 27,613,197 8,232 3,497,027”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Discharge of each of the directors for the performance of their mandates in relation to the 2022 financial year at the 2023-06-22 meeting.

“The shareholders approved of the discharge of each of the directors for the performance of their mandates as directors of the Company in relation to the 2022 financial year. For Against Abstain Broker Non-Vote 121,437,412 193,361 86,184 3,497,027”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Approval of the allocation of the results shown in the annual accounts for the 2022 financial year at the 2023-06-22 meeting.

“The shareholders approved of the allocation of the results shown in the annual accounts for the 2022 financial year. For Against Abstain Broker Non-Vote 125,192,135 11,906 9,943 —”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Approval of the audited consolidated financial statements for the 2022 financial year at the 2023-06-22 meeting.

“The shareholders approved of the audited consolidated financial statements for the 2022 financial year. For Against Abstain Broker Non-Vote 125,166,136 11,486 36,362 —”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Approval of the annual accounts for the 2022 financial year at the 2023-06-22 meeting.

“The shareholders approved of the annual accounts for the 2022 financial year. For Against Abstain Broker Non-Vote 125,165,344 12,044 36,596 —”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Ratification of appointment of BDO USA, LLP as Independent Auditor and BDO Audit SA as Statutory Auditor for the fiscal year ending December 31, 2023 at the 2023-06-22 meeting.

“The shareholders approved the appointment of BDO USA, LLP as Independent Auditor of the Company for the year ending December 31, 2023 and BDO Audit SA as Statutory Auditor of the Company for the year ending December 31, 2023. For Against Abstain Broker Non-Vote 125,186,436 22,590 4,958 —”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Advisory vote on the frequency of future advisory votes on executive compensation at the 2023-06-22 meeting.

“The shareholders approved a frequency of every one year for future advisory votes to approve the compensation of the Company’s named executive officers. One Year Two Years Three Years Abstain Broker Non-Vote 103,853,363 582,511 2,074,603 11,930,481 6,773,026”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Advisory vote to approve the compensation of the Company's named executive officers at the 2023-06-22 meeting.

“The shareholders approved, on an advisory basis, the compensation of the Company's named executive officers. For Against Abstain Broker Non-Vote 98,918,872 22,786,010 12,075 3,497,027”
Shareholder Votes

Perimeter Solutions, Inc. shareholders approved Election of seven director nominees for a one-year term at the 2023-06-22 meeting.

“The shareholders voted in favor of the election of the following director nominees as directors for a term of office expiring at the 2024 Annual Meeting of Shareholders or, in each case, until his or her successor is duly elected and qualified. For Against Abstain Broker Non-Vote W. Nicholas Howley 120,688,684 1,021,255 7,018 3,497,027 William N. Thorndike, Jr. 118,347,063 3,361,176 8,718 3,497,027 Edward Goldberg 120,757,754 950,485 8,718 3,497,027 Tracy Britt Cool 120,666,876 1,041,365 8,716 3,497,027 Sean Hennessy 121,319,350 388,609 8,818 3,497,027 Robert S. Henderson 106,506,052 15,203,787 7,118 3,497,027 Bernt Iversen II 113,654,416 8,053,723 8,818 3,497,027”
Earnings Releases

Perimeter Solutions, Inc. reported first quarter ended March 31, 2023 results: revenue $43.9 million, net income $9.4 million, EPS $0.06 per diluted share.

“as well as high-quality lubricant additives, today reported financial results for its first quarter ended March 31, 2023. First Quarter 2023 Results • Net sales decreased 24% to $43.9 million in the first quarter, as compared to $57.8 million in the prior year quarter. • Fire Safety sales increased 1% to $18.7 million, as compared to $18.5 million in the prior year”

Edward Goldberg changed role as Vice Chairman at Perimeter Solutions, Inc..

“Mr. Khouri succeeds Edward Goldberg, who transitioned to the role of Vice Chairman of the Company effective immediately.”

Haitham Khouri was appointed as Chief Executive Officer at Perimeter Solutions, Inc..

“On March 8, 2023, Perimeter Solutions, SA (the “Company”) announced the appointment of Haitham Khouri to serve as the Chief Executive Officer of the Company effective immediately.”
Auditor Changes

Perimeter Solutions, Inc. reported that prior financial statements should not be relied upon.

“On February 22, 2023, the audit committee of the Board of Directors (the “Audit Committee”) of Perimeter Solutions, SA (the “Company”), in consultation with the Company’s management and BDO USA LLP, the Company’s independent registered public accounting firm, determined that the Company’s previously issued unaudited condensed consolidated financial statements for the periods ended June 30, 2022 and September 30, 2022 should no longer be relied upon due to an error related to the accounting treatment of the Company’s non-cash share-based compensation awards and an error related to non-cash amortization of the step-up in basis of inventory.”
Earnings Releases

Perimeter Solutions, Inc. reported For the full year ended December 31, 2022 results: revenue Full year net sales decreased 1% to $360.5 million, net income Full year net income was $91.8 million, EPS $0.52 per diluted share.

“Full Year 2022 Results • Full year net sales decreased 1% to $360.5 million, as compared to $362.3 million in the prior year. • Fire Safety sales decreased 13% to $226.6 million, as compared to $261.2 million in the prior year. • Specialty Products sales increased 32% to $133.9 million, as compared to $101.2 million in the prior year. • Full year net income was $91.8 million, or $0.52 per diluted share, an increase of $753.3 million from a net loss of $661.5 million, or $(9.70) per diluted share in the prior year. • Full year Adjusted EBITDA decreased 11% to $125.4 million, as compared to $141.4 million in the prior year. • Fire Safety Adjusted EBITDA decreased 34% to $77.4 million, as compared to $117.9 million in the prior year. • Specialty Products Adjusted EBITDA increased 104% to $48.0 million, as compared to $23.6 million in the prior year.”
Earnings Releases

Perimeter Solutions, Inc. reported For the fourth quarter ended December 31, 2022 results: revenue Net sales decreased 10% to $41.3 million, net income Net loss during the fourth quarter was $60.4 million, EPS $(0.38) per share.

“Fourth Quarter 2022 Results • Net sales decreased 10% to $41.3 million in the fourth quarter, as compared to $45.9 million in the prior year quarter. • Fire Safety sales decreased 18% to $19.6 million, as compared to $23.9 million in the prior year quarter. • Specialty Products sales decreased 1% to $21.7 million, as compared to $22.0 million in the prior year quarter. • Net loss during the fourth quarter was $60.4 million, or $(0.38) per share, a decrease of $630.8 million from a net loss of $691.2 million, or $(6.12) per diluted share in the prior year quarter. • Adjusted EBITDA decreased 69% to $2.1 million in the fourth quarter, as compared to $6.8 million in the prior year quarter. • Fire Safety Adjusted EBITDA decreased 420% to $(3.9) million, as compared to $1.2 million in the prior year quarter. • Specialty Products Adjusted EBITDA increased 7% to $6.0 million, as compared to $5.6 million in the prior year quarter.”

Ernest Kremling departed as Chief Operating Officer at Perimeter Solutions, Inc..

“In connection with the operational realignment of Perimeter Solutions, SA (the “Company”), which is designed to drive localized operational execution and accountability, the corporate role of Chief Operating Officer has been eliminated and Ernest Kremling, Chief Operating Officer, has left the company effective January 13, 2023.”
Earnings Releases

Perimeter Solutions, Inc. reported the nine months ended September 30, 2022 results: revenue $319.2 million, net income $123.7 million, or $0.70 per diluted share, EPS $0.70 per diluted share.

“Year-to-Date 2022 Results • Net sales increased 1% to $319.2 million during the year-to-date period, as compared to $316.5 million in the prior-year period.”
Earnings Releases

Perimeter Solutions, Inc. reported the three months ended September 30, 2022 results: revenue $160.5 million, net income $78.7 million, or $0.45 per diluted share, EPS $0.45 per diluted share.

“• Specialty Products Adjusted EBITDA increased 135% to $42.0 million, as compared to $17.9 million in the prior year. Third Quarter 2022 Results • Net sales decreased 18% to $160.5 million in the third quarter, as compared to $195.4 million in the prior-year quarter. • Fire Safety sales decreased 29% to $122.0 million, as compared to $172.4 million in the prior”

Charles Kropp was appointed as Chief Financial Officer at Perimeter Solutions, Inc..

“Charles Kropp, 49, will be promoted to Chief Financial Officer (and Principal Accounting Officer), effective upon Mr. Lederman’s departure.”

Barry Lederman departed as Chief Financial Officer at Perimeter Solutions, Inc..

“Barry Lederman will no longer serve as Chief Financial Officer or Principal Accounting Officer of the Company effective May 6, 2022.”

Bernt Iversen II was appointed as Director at Perimeter Solutions, Inc..

“On April 4, 2022, Perimeter Solutions, SA (the “Company”) appointed Bernt Iversen II to its Board of Directors (the “Board”) effective immediately.”

Kevin Stein resigned as Director at Perimeter Solutions, Inc..

“Kevin Stein who informed the Company on April 4, 2022 that he has decided not to continue as a director.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.