Perimeter Solutions Files 8-K for Undisclosed Event

Ticker: PRM · Form: 8-K · Filed: 2024-02-27T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, Other Events, corporate filing

Related Tickers: PRM

TL;DR

**Perimeter Solutions filed an 8-K for an "Other Event" on Feb 15, 2024, but the actual event details are missing from this snippet.**

AI Summary

Perimeter Solutions, SA filed an 8-K on February 27, 2024, reporting an "Other Event" that occurred on February 15, 2024. The filing, identified by SEC File Number 001-41027, originates from the Grand Duchy of Luxembourg, but the provided text does not detail the specific nature of this event.

Why It Matters

This filing indicates an event occurred for Perimeter Solutions, SA on February 15, 2024, but without the specific details of the "Other Event," its potential impact on investors or company operations cannot be assessed.

Risk Assessment

Risk Level: low — The provided text is only the header of an 8-K filing for "Other Events" and does not contain any specific details that would indicate a financial or operational risk.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Perimeter Solutions, SA?

This 8-K filing is for "Other Events" as per the Item Information section.

What is the earliest event reported date in this filing?

The earliest event reported date is February 15, 2024.

When was this 8-K filed with the SEC?

This 8-K was filed as of February 27, 2024.

What is the registrant's name and jurisdiction of incorporation?

The registrant is PERIMETER SOLUTIONS, SA, incorporated in the Grand Duchy of Luxembourg.

Does this filing snippet provide details about the "Other Event"?

No, the provided text only includes the header and boilerplate of the 8-K and does not detail the specific "Other Event."

Filing Stats: 717 words · 3 min read · ~2 pages · Grade level 13.4 · Accepted 2024-02-27 16:07:29

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events. On February 15, 2024, pursuant to the previously disclosed advisory services agreement dated December 12, 2019 (the "Advisory Services Agreement") between EverArc Founders LLC (the "EverArc Founder Entity") and Perimeter Solutions, SA (the "Company"), as successor to EverArc Holdings Limited ("EverArc"), the Company settled the fixed annual advisory amount payable to the EverArc Founder Entity pursuant to the Advisory Services Agreement. The Advisory Services Agreement was assumed by the Company in connection with the consummation of the business combination among the Company, EverArc and EverArc (BVI) Merger Sub Limited on November 9, 2021 (the "Business Combination"). The EverArc Founder Entity provides services to the Company, including strategic and capital allocation advice, and is owned and operated by William N. Thorndike, Jr., W. Nicholas Howley, Tracy Britt Cool, Vivek Raj and Haitham Khouri (collectively, the "EverArc Parties"), each of whom serves as a director of the Company. As previously disclosed, effective as of the consummation of the Business Combination and continuing through December 31, 2031, the EverArc Founder Entity is entitled to a fixed annual advisory amount equal to 2,357,061 ordinary shares of the Company (the "Ordinary Shares"). The value of the Ordinary Shares earned by the EverArc Founder Entity with respect to the year ended December 31, 2023 is approximately $10.6 million (based on the volume weighted average share price of $4.5140 per Ordinary Share over the last ten trading days of 2023) (the "2023 Fixed Advisory Amount"). Pursuant to the Advisory Services Agreement, the 2023 Fixed Advisory Amount will be settled in Ordinary Shares or partly in cash, at the election of the EverArc Founder Entity provided that at least 50% of the 2023 Fixed Advisory Amount is settled in Ordinary Shares. The EverArc Founder Entity elected to receive approximately 74.60% of the 2023 Fixed Advisory Amount in Ordinary Shares

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. Perimeter Solutions, SA Date: February 27, 2024 By: /s/ Haitham Khouri Haitham Khouri Chief Executive Officer

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