Merit Medical Systems Files 8-K Report
Ticker: MMSI · Form: 8-K · Filed: Nov 1, 2024 · CIK: 856982
| Field | Detail |
|---|---|
| Company | Merit Medical Systems Inc (MMSI) |
| Form Type | 8-K |
| Filed Date | Nov 1, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $210 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, filing, financials
Related Tickers: MMSI
TL;DR
MMSI filed an 8-K, mostly procedural stuff, no major news.
AI Summary
On November 1, 2024, Merit Medical Systems, Inc. filed an 8-K report. The filing primarily concerns other events and financial statements and exhibits. No specific financial figures or material events beyond the filing itself were detailed in the provided text.
Why It Matters
This filing indicates Merit Medical Systems, Inc. is providing updates or submitting required financial documentation to the SEC, which is standard corporate disclosure.
Risk Assessment
Risk Level: low — The filing is a routine 8-K report without disclosure of significant negative events or financial distress.
Key Players & Entities
- MERIT MEDICAL SYSTEMS INC (company) — Registrant
- 0000856982-24-000100 (filing_id) — Accession Number
- November 1, 2024 (date) — Report Date
- 8012531600 (phone_number) — Registrant's telephone number
FAQ
What is the primary purpose of this 8-K filing for Merit Medical Systems, Inc.?
The filing is for 'Other Events' and 'Financial Statements and Exhibits', indicating routine corporate disclosures and submission of financial information.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is November 1, 2024.
What is the state of incorporation for Merit Medical Systems, Inc.?
Merit Medical Systems, Inc. is incorporated in Utah.
What is the principal executive office address for Merit Medical Systems, Inc.?
The principal executive offices are located at 1600 West Merit Parkway, South Jordan, Utah 84095.
What is the SEC file number for Merit Medical Systems, Inc.?
The SEC file number for Merit Medical Systems, Inc. is 000-18592.
Filing Stats: 1,331 words · 5 min read · ~4 pages · Grade level 15.3 · Accepted 2024-11-01 16:50:57
Key Financial Figures
- $210 million — tal cash consideration of approximately $210 million and the assumption of certain liabiliti
Filing Documents
- mmsi-20241101x8k.htm (8-K) — 53KB
- mmsi-20241101xex99d1.htm (EX-99.1) — 23KB
- mmsi-20241101x8k001.jpg (GRAPHIC) — 11KB
- mmsi-20241101xex99d1001.jpg (GRAPHIC) — 21KB
- 0000856982-24-000100.txt ( ) — 259KB
- mmsi-20241101.xsd (EX-101.SCH) — 3KB
- mmsi-20241101_lab.xml (EX-101.LAB) — 15KB
- mmsi-20241101_pre.xml (EX-101.PRE) — 9KB
- mmsi-20241101x8k_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events. As previously reported in a Current Report on Form 8-K filed with the Securities and Exchange Commission (the "SEC") on September 18, 2024, Merit Medical Systems, Inc., a Utah corporation ("Merit"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with Cook Medical Holdings LLC, an Indiana limited liability company ("Cook Medical"), to purchase Cook Medical's lead management portfolio of medical devices and certain related assets for total cash consideration of approximately $210 million and the assumption of certain liabilities (collectively, the "Acquisition"). On November 1, 2024, Merit closed the transaction contemplated by the Purchase Agreement. The foregoing summary of the principal terms of the Purchase Agreement is not complete and is qualified in its entirety by the actual terms and conditions of the Purchase Agreement, a copy of which is included as an exhibit to the Quarterly Report on Form 10-Q for the fiscal quarter ended September 30, 2024 that Merit filed with the SEC on October 30, 2024. The representations, warranties, and other terms contained in the Purchase Agreement were made solely for the purposes of the Purchase Agreement and as of the dates set forth in the Purchase Agreement, were solely for the benefit of the parties to the Purchase Agreement, and may be subject to limitations agreed upon by the parties to the Purchase Agreement. Those representations and warranties may have been made for the purposes of allocating contractual risk between the parties to the Purchase Agreement instead of establishing these matters as facts, and may be subject to standards of materiality applicable to the contracting parties that differ from those applicable to investors. Investors are not third-party beneficiaries under the Purchase Agreement and should not rely on the representations, warranties and covenants or any descriptions thereof as characterizations of the actual state of facts or condition of Merit,
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits EXHIBIT NUMBER DESCRIPTION 99.1 Press Release, dated November 1, 2024, entitled " Merit Medical C ompletes Acquisition of Lead Management Portfolio from Cook Medical " 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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. MERIT MEDICAL SYSTEMS, INC. Date: November 1, 2024 By: /s/ Brian G. Lloyd Brian G. Lloyd Chief Legal Officer and Corporate Secretary 4