Addus HomeCare Completes Asset Acquisition
Ticker: ADUS · Form: 8-K · Filed: Dec 2, 2024 · CIK: 1468328
| Field | Detail |
|---|---|
| Company | Addus Homecare Corp (ADUS) |
| Form Type | 8-K |
| Filed Date | Dec 2, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $350 m |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, assets, filing
TL;DR
Addus HomeCare just closed an asset acquisition deal.
AI Summary
On December 2, 2024, Addus HomeCare Corporation filed an 8-K report detailing the completion of an acquisition. The filing indicates that the company has finalized a transaction involving the disposition of assets, though specific details regarding the acquired entity or the financial value of the transaction are not provided in this excerpt.
Why It Matters
This filing signals a strategic move by Addus HomeCare Corp, potentially impacting its market position and future growth trajectory through the integration of new assets.
Risk Assessment
Risk Level: medium — Acquisitions inherently carry risks related to integration, valuation, and market reception, which could impact Addus HomeCare's financial performance.
Key Numbers
- 2024-12-02 — Report Date (Date of the earliest event reported)
Key Players & Entities
- Addus HomeCare Corporation (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 6303 Cowboys Way, Suite 600, Frisco, Texas 75034 (address) — Principal executive offices
FAQ
What specific assets were acquired by Addus HomeCare Corporation?
The provided excerpt of the 8-K filing does not specify the exact nature or details of the assets acquired in the transaction.
What was the financial value of the completed acquisition?
The filing excerpt does not disclose the dollar amount or financial terms of the asset acquisition.
Who was the seller or the other party involved in the asset disposition?
The excerpt does not name the counterparty involved in the asset disposition.
When did the completion of the acquisition officially occur?
The report indicates that the earliest event reported, which includes the completion of the acquisition, occurred on December 2, 2024.
What is the primary business of Addus HomeCare Corporation?
Addus HomeCare Corporation is identified as being in the 'SERVICES-HOME HEALTH CARE SERVICES' industry, with SIC code 8082.
Filing Stats: 942 words · 4 min read · ~3 pages · Grade level 11.9 · Accepted 2024-12-02 16:34:53
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share ADUS The Nasdaq
- $350 m — n aggregate purchase price, in cash, of $350 million, subject to customary adjustments
Filing Documents
- d895394d8k.htm (8-K) — 31KB
- d895394dex991.htm (EX-99.1) — 11KB
- g895394img1.jpg (GRAPHIC) — 6KB
- 0001193125-24-268958.txt ( ) — 175KB
- adus-20241202.xsd (EX-101.SCH) — 3KB
- adus-20241202_lab.xml (EX-101.LAB) — 18KB
- adus-20241202_pre.xml (EX-101.PRE) — 11KB
- d895394d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (a) Financial Statements of Business Acquired. The financial statements required by Item 9.01(a) of Form 8-K will be filed by amendment to this Current Report on Form 8-K no later than 71 days after the date this initial report on Form 8-K must be filed. (b) Pro Forma Financial Information. The pro forma financial statements required by Item 9.01(b) of Form 8-K will be filed by amendment to this Current Report on Form 8-K no later than 71 days after the date this initial report on Form 8-K must be filed. (c) Not applicable. (d) Exhibits: Exhibit No. Description 10.1 Stock and Asset Purchase Agreement, dated June 8, 2024, by and between Addus HomeCare Corporation and Curo Health Services, LLC (filed as Exhibit 10.1 to the Registrant's Current Report on Form 8-K/A filed on June 26, 2024 and incorporated by reference herein). 99.1 Press Release of Addus HomeCare Corporation dated December 2, 2024. 104 Cover Page Interactive Data File (embedded within 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. ADDUS HOMECARE CORPORATION Date: December 2, 2024 By: /s/ Brian Poff Brian Poff Chief Financial Officer