Arcosa, Inc. Files Amendment for Stavola Acquisition Financials
Ticker: ACA · Form: 8-K/A · Filed: Dec 16, 2024 · CIK: 1739445
Sentiment: neutral
Topics: acquisition, financial-statements, amendment
Related Tickers: ACA
TL;DR
Arcosa finally dropped the financials for the Stavola deal, check the 8-K/A.
AI Summary
Arcosa, Inc. filed an amendment (No. 1) to its Form 8-K on December 16, 2024, to include historical financial statements and pro forma information related to its acquisition of Stavola Holding Corporation. This acquisition, which closed on August 1, 2024, involved Arcosa acquiring all membership interests and certain assets of Stavola Holding Corporation.
Why It Matters
This filing provides crucial financial details and pro forma information, allowing investors to better assess the financial impact of Arcosa's acquisition of Stavola Holding Corporation.
Risk Assessment
Risk Level: low — This is an amendment to provide previously omitted financial information, not a new event or negative development.
Key Players & Entities
- Arcosa, Inc. (company) — Filer of the amendment and acquirer
- Stavola Holding Corporation (company) — Acquired entity
- August 1, 2024 (date) — Date of the acquisition agreement
- October 1, 2024 (date) — Date of the original Form 8-K filing
- December 16, 2024 (date) — Filing date of the amendment
FAQ
What specific financial statements are being filed with this amendment?
This amendment is filing the historical financial statements and pro forma financial information required by Items 9.01 (a) and (b) of Form 8-K.
Why were these financial statements omitted from the original Form 8-K?
The financial statements and pro forma information were omitted as permitted in paragraphs (a)(4) and (b)(2) of Item 9.01 from the Original Form 8-K filed on October 1, 2024.
What was the original filing date of the Form 8-K related to this acquisition?
The Original Form 8-K was filed with the SEC on October 1, 2024.
What is the nature of the transaction between Arcosa and Stavola Holding Corporation?
Arcosa acquired all of the issued and outstanding membership interests and certain identified assets of Stavola Holding Corporation.
When was the Membership Interest and Asset Purchase Agreement for this transaction dated?
The Membership Interest and Asset Purchase Agreement was dated August 1, 2024.
Filing Stats: 943 words · 4 min read · ~3 pages · Grade level 11.2 · Accepted 2024-12-16 16:19:40
Key Financial Figures
- $0.01 — ange on which registered Common Stock ($0.01 par value) ACA New York Stock Exchange
Filing Documents
- aca-20241001.htm (8-K/A) — 34KB
- ex231consentletter-cbiz.htm (EX-23.1) — 3KB
- ex991stavolaholdingcorp-se.htm (EX-99.1) — 393KB
- ex992stavolaholdingcorp-ju.htm (EX-99.2) — 246KB
- ex993arcosaincproformafina.htm (EX-99.3) — 443KB
- aca-20241001_g1.jpg (GRAPHIC) — 25KB
- 0001739445-24-000155.txt ( ) — 1431KB
- aca-20241001.xsd (EX-101.SCH) — 2KB
- aca-20241001_def.xml (EX-101.DEF) — 15KB
- aca-20241001_lab.xml (EX-101.LAB) — 26KB
- aca-20241001_pre.xml (EX-101.PRE) — 15KB
- aca-20241001_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (a) Financial Statements of Business Acquired The (i) audited consolidated financial statements of the Target and accompanying notes related thereto as of and for the year ended September 30, 2023 are filed herewith as Exhibit 99.1 and (ii) unaudited consolidated financial statements of the Target for the nine months ended June 30, 2024 are filed herewith as Exhibit 99.2. (b) Pro Forma Financial Information The unaudited pro forma condensed combined financial information of Arcosa and accompanying notes related thereto as of and for the period ended June 30, 2024 and the fiscal year ended December 31, 2023 are filed herewith as Exhibit 99.3. (d) Exhibits Exhibit No. Description 23.1 Consent of CBIZ CPAs, P.C., independent registered public accounting firm. 99.1 The audited consolidated financial statements of the Target and accompanying notes related thereto as of and for the year ended September 30, 2023. 99.2 The unaudited consolidated financial statements of the Target and accompanying notes related thereto as of and for the nine months ended June 30, 2024. 99.3 The unaudited pro forma condensed combined financial information of Arcosa, Inc. and accompanying notes related thereto as of and for the six months ended June 30, 2024 and the fiscal year ended December 31, 2023. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Arcosa, Inc. (Registrant) December 16, 2024 By: /s/ Gail M. Peck Name: Gail M. Peck Title: Chief Financial Officer