CompoSecure, Inc. Enters Material Definitive Agreement
Ticker: GPGI · Form: 8-K · Filed: Jan 3, 2025 · CIK: 1823144
| Field | Detail |
|---|---|
| Company | Composecure, Inc. (GPGI) |
| Form Type | 8-K |
| Filed Date | Jan 3, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement
Related Tickers: CMPO
TL;DR
CMPO signed a big deal, details TBD.
AI Summary
CompoSecure, Inc. reported on December 30, 2024, that it entered into a material definitive agreement. The filing does not provide specific details on the agreement or any associated dollar amounts or parties involved.
Why It Matters
This filing indicates a significant new agreement for CompoSecure, Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing regarding the material definitive agreement introduces uncertainty about its nature and potential impact.
Key Players & Entities
- CompoSecure, Inc. (company) — Registrant
- December 30, 2024 (date) — Date of earliest event reported
- Roman DBDR Tech Acquisition Corp. (company) — Former company name
FAQ
What is the nature of the material definitive agreement entered into by CompoSecure, Inc.?
The filing states that CompoSecure, Inc. entered into a material definitive agreement on December 30, 2024, but does not provide specific details about the agreement itself.
Who are the parties involved in this material definitive agreement?
The filing does not disclose the names of the other parties involved in the material definitive agreement.
Are there any financial implications or dollar amounts associated with this agreement?
The provided filing does not specify any dollar amounts or financial terms related to the material definitive agreement.
When was this material definitive agreement entered into?
The material definitive agreement was entered into on December 30, 2024.
What is the principal executive office address for CompoSecure, Inc.?
The principal executive office address for CompoSecure, Inc. is 309 Pierce Street, Somerset, New Jersey 08873.
Filing Stats: 666 words · 3 min read · ~2 pages · Grade level 10.3 · Accepted 2025-01-03 17:15:16
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value CMPO Nasdaq Global Market
Filing Documents
- tm251770d1_8k.htm (8-K) — 30KB
- tm251770d1_ex10-1.htm (EX-10.1) — 69KB
- 0001104659-25-000865.txt ( ) — 330KB
- cmpo-20241230.xsd (EX-101.SCH) — 4KB
- cmpo-20241230_def.xml (EX-101.DEF) — 26KB
- cmpo-20241230_lab.xml (EX-101.LAB) — 36KB
- cmpo-20241230_pre.xml (EX-101.PRE) — 25KB
- tm251770d1_8k_htm.xml (XML) — 6KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On December 30, 2024, CompoSecure, Inc. (the "Company" or "CompoSecure") announced a plan to spin off a newly formed entity, Resolute Holdings Management, Inc. ("Resolute Holdings"), to the Company's existing stockholders, subject to customary conditions (the "Spin-Off"). In connection with the planned Spin-Off, on December 30, 2024, CompoSecure Holdings, L.L.C. ("CompoSecure Holdings"), CompoSecure, L.L.C., Arculus Holdings, L.L.C. as loan parties (the "Loan Parties"), JPMorgan Chase Bank, National Association, as administrative agent and the lenders party thereto entered into an Amendment No. 1 and Limited Waiver (the "Amendment") to the Company's Fourth A&R Credit Agreement dated as of August 7, 2024 (the "Credit Agreement"). The Amendment amended the Credit Agreement to permit and waive certain conditions relating to the Spin-Off and the transactions contemplated thereby, including the execution and performance of the management agreement to be entered into by and between CompoSecure Holdings and Resolute Holdings. The Amendment also made conforming changes to certain covenants and amended the Credit Agreement to permit the Loan Parties to make additional investments, subject to satisfaction on a pro forma basis of certain covenants. The foregoing summary of the Amendment is not complete and is qualified in its entirety by reference to the full text of the Amendment, which is attached hereto as Exhibit 10.1 and which is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 10.1 Amendment No. 1 to Fourth Amended and Restated Credit Agreement and Limited Waiver, dated December 30, 2024, by and among CompoSecure Holdings, L.L.C., CompoSecure, L.L.C., Arculus Holdings, L.L.C., JPMorgan Chase Bank, National Association, as administrative agent, and the lenders party thereto. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL.
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. CompoSecure, Inc. (Registrant) Date: January 3, 2025 By: / s/ Steven J. Feder Name: Steven J. Feder Title: General Counsel & Corporate Secretary