Bel Fuse Completes Enercon Acquisition
Ticker: BELFB · Form: 8-K/A · Filed: Jan 29, 2025 · CIK: 729580
| Field | Detail |
|---|---|
| Company | Bel Fuse Inc /Nj (BELFB) |
| Form Type | 8-K/A |
| Filed Date | Jan 29, 2025 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.10 |
| Sentiment | neutral |
Sentiment: neutral
Topics: acquisition, amendment, financial-statements
Related Tickers: BELF
TL;DR
Bel Fuse officially closed the Enercon deal, expect integration news soon.
AI Summary
Bel Fuse Inc. filed an 8-K/A amendment on January 29, 2025, regarding the completion of its acquisition of Enercon. The original event date reported was November 14, 2024. The filing includes financial statements and exhibits related to this acquisition.
Why It Matters
This filing confirms the completion of Bel Fuse's acquisition of Enercon, which could impact the company's financial performance and market position in the electronic components sector.
Risk Assessment
Risk Level: medium — Acquisitions carry inherent risks related to integration, synergy realization, and potential financial strain.
Key Players & Entities
- Bel Fuse Inc. (company) — Registrant
- Enercon (company) — Acquired company
- November 14, 2024 (date) — Date of earliest event reported
- January 29, 2025 (date) — Filing date
FAQ
What is the purpose of this 8-K/A filing?
This 8-K/A filing is an amendment to a previous report, specifically to provide updated information and exhibits related to the completion of Bel Fuse Inc.'s acquisition of Enercon.
When was the acquisition of Enercon completed according to the filing?
The earliest event reported in the filing, which pertains to the completion of the acquisition, is November 14, 2024.
What type of company is Bel Fuse Inc.?
Bel Fuse Inc. is a company in the Electronic Coils, Transformers & Other Inductors industry, with the Standard Industrial Classification code 3677.
Where is Bel Fuse Inc. headquartered?
Bel Fuse Inc.'s principal executive offices are located at 300 Executive Drive, Suite 300, West Orange, New Jersey 07052.
What is the filing date of this 8-K/A amendment?
This 8-K/A amendment was filed as of January 29, 2025.
Filing Stats: 1,026 words · 4 min read · ~3 pages · Grade level 9.6 · Accepted 2025-01-29 15:24:31
Key Financial Figures
- $0.10 — hich Registered Class A Common Stock ($0.10 par value) BELFA Nasdaq Global Sele
Filing Documents
- belfb20250125c_8ka.htm (8-K/A) — 45KB
- ex_770398.htm (EX-23.1) — 3KB
- ex_770399.htm (EX-99.1) — 1021KB
- ex_770400.htm (EX-99.2) — 532KB
- ex_770401.htm (EX-99.3) — 621KB
- 0001437749-25-002138.txt ( ) — 2513KB
- belfb-20241114.xsd (EX-101.SCH) — 4KB
- belfb-20241114_def.xml (EX-101.DEF) — 14KB
- belfb-20241114_lab.xml (EX-101.LAB) — 18KB
- belfb-20241114_pre.xml (EX-101.PRE) — 14KB
- belfb20250125c_8ka_htm.xml (XML) — 5KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (a) Financial statements of businesses or funds acquired. The historical audited financial statements of Enercon as of and for each of the years ended December 31, 2023 and 2022, together with the notes thereto and the independent auditor's report thereon, are filed as Exhibit 99.1 to this Current Report on Form 8-K/A and are incorporated herein by reference. The historical unaudited interim pre-acquisition financial statements of Enercon for the nine-month periods ended September 30, 2024 and 2023, together with the notes thereto, are filed as Exhibit 99.2 to this Current Report on Form 8-K/A and are incorporated herein by reference. The consent of Ziv Haft, Certified Public Accountants (Isr.), a BDO Member Firm, is filed as Exhibit 23.1 to this Current Report on Form 8-K/A and is incorporated herein by reference. (b) Pro forma financial information. The unaudited pro forma condensed combined financial information giving effect to Bel's acquisition of Enercon and which consist of the unaudited pro forma condensed combined balance sheet of Bel and Enercon as September 30, 2024, and the unaudited pro forma condensed combined statements of operations for Bel and Enercon for the nine months ended September 30, 2024 and the year ended December 31, 2023, together with the notes thereto, are filed as Exhibit 99.3 to this Current Report on Form 8-K/A and are incorporated herein by reference. (d) Exhibits. Exhibit No. Description 23.1 Consent of Ziv Haft, Certified Public Accountants (Isr.), a BDO Member Firm 99.1 Audited Financial Statements of Enercon Technologies, Ltd. for the Fiscal Years Ended December 31, 2023 and 2022, the related notes, and the independent auditor's report thereon. 99.2 Unaudited Interim Financial Statements of Enercon Technologies, Ltd. for the Nine-Month Periods ending September 30, 2024 and 2023. 99.3 Unaudited Pro Forma Combined Financial Information of Bel Fuse Inc. and Ener