Camping World CFO Resigns

TL;DR

CFO Matt Wagner out at Camping World, interim plan in place.

AI Summary

On October 30, 2024, Camping World Holdings, Inc. filed an 8-K report to disclose the resignation of its Chief Financial Officer, Matthew E. Wagner, effective October 28, 2024. The company has not yet appointed a successor, and the responsibilities will be handled by the existing finance team in the interim.

Why It Matters

The unexpected departure of a CFO can signal financial concerns or strategic shifts within a company, potentially impacting investor confidence and stock performance.

Risk Assessment

Risk Level: medium — The resignation of a Chief Financial Officer without an immediate successor can create uncertainty regarding financial oversight and future strategy.

Key Players & Entities

• Camping World Holdings, Inc. (company) — Registrant
• Matthew E. Wagner (person) — Chief Financial Officer who resigned
• October 30, 2024 (date) — Date of report
• October 28, 2024 (date) — Effective date of resignation

FAQ

Key Financial Figures

• $0.01 — hich registered Class A Common Stock, $0.01 par value per share CWH New York Stoc
• $20.50 — Stock"), at a public offering price of $20.50 per share, less underwriting discounts
• $288.8 m — from the offering will be approximately $288.8 million, after deducting underwriting dis

Filing Documents

• tm2426735d5_8k.htm (8-K) — 31KB
• tm2426735d5_ex1-1.htm (EX-1.1) — 213KB
• tm2426735d5_ex5-1.htm (EX-5.1) — 13KB
• tm2426735d1_ex5-1img001.jpg (GRAPHIC) — 3KB
• 0001104659-24-113496.txt ( ) — 485KB
• cwh-20241030.xsd (EX-101.SCH) — 3KB
• cwh-20241030_lab.xml (EX-101.LAB) — 33KB
• cwh-20241030_pre.xml (EX-101.PRE) — 22KB
• tm2426735d5_8k_htm.xml (XML) — 4KB

01 Other Events

Item 8.01 Other Events. On October 30, 2024, Camping World Holdings, Inc. (the "Company") entered into an underwriting agreement (the "Underwriting Agreement") with CWGS Enterprises, LLC ("CWGS, LLC"), a Delaware limited liability company, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters listed on Schedule I to the Underwriting Agreement (collectively, the "Underwriters") in connection with the public offering, issuance and sale by the Company of 14,634,146 shares of the Company's Class A common stock, $0.01 par value per share (the "Class A Common Stock"), at a public offering price of $20.50 per share, less underwriting discounts and commissions, pursuant to an effective shelf registration statement on Form S-3 (Registration No. 333-282897) and a related prospectus supplement filed with the Securities and Exchange Commission. Under the terms of the Underwriting Agreement, the Company also granted the Underwriters an option exercisable for 30 days to purchase up to an additional 2,195,121 shares of its Class A Common Stock at the public offering price, less underwriting discounts and commissions. The closing of the offering occurred on November 1, 2024. The Company estimates the net proceeds from the offering will be approximately $288.8 million, after deducting underwriting discounts and commissions and estimated offering expenses payable by the Company. The proceeds of the offering will be used by the Company to purchase 14,634,146 common units directly from CWGS, LLC, at a price per unit equal to the public offering price per share of Class A Common Stock in the offering, less the underwriting discounts and commissions. CWGS, LLC intends to use the net proceeds from the sale of common units to the Company for general corporate purposes, including strengthening the balance sheet, working capital for growth and debt pay down. The Underwriting Agreement contains customary representations, warranties and agre

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 1.1 Underwriting Agreement, dated October 30, 2024, by and among the Company, CWGS, LLC, Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC, as representatives of the several underwriters listed on Schedule I thereto. 5.1 Opinion of Latham & Watkins LLP. 23.1 Consent of Latham & Watkins LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. 2 SIGNATURE 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. CAMPING WORLD HOLDINGS, INC. By: /s/ Thomas E. Kirn Name: Thomas E. Kirn Title: Chief Financial Officer Date: November 1, 2024 3

View Full Filing

View this 8-K filing on SEC EDGAR