Solo Brands Announces Board Changes

TL;DR

Solo Brands board shake-up: director out, new one in, exec comp changes.

AI Summary

Solo Brands, Inc. announced on September 26, 2024, a change in its board of directors. Specifically, the company reported the departure of a director and the election of a new director, along with updates to its compensatory arrangements for certain officers.

Why It Matters

Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: low — This filing primarily concerns routine corporate governance changes and does not appear to involve significant financial transactions or operational disruptions.

Key Players & Entities

• Solo Brands, Inc. (company) — Registrant
• 001-40979 (company) — Commission File Number
• Delaware (company) — State of Incorporation
• 87-1360865 (company) — I.R.S. Employer Identification No.
• 1001 Mustang Dr. Grapevine, TX 76051 (company) — Principal Executive Offices Address
• ( 817 ) 900-2664 (company) — Registrant's Telephone Number
• September 26, 2024 (date) — Date of Report

FAQ

From the Filing

0001870600-24-000106.txt : 20240927 0001870600-24-000106.hdr.sgml : 20240927 20240926182456 ACCESSION NUMBER: 0001870600-24-000106 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240926 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240927 DATE AS OF CHANGE: 20240926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Solo Brands, Inc. CENTRAL INDEX KEY: 0001870600 STANDARD INDUSTRIAL CLASSIFICATION: [3949] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 871360865 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40979 FILM NUMBER: 241330124 BUSINESS ADDRESS: STREET 1: 1001 MUSTANG DR CITY: GRAPEVINE STATE: TX ZIP: 76051 BUSINESS PHONE: (817) 900-2664 MAIL ADDRESS: STREET 1: 1001 MUSTANG DR CITY: GRAPEVINE STATE: TX ZIP: 76051 8-K 1 dtc-20240926.htm 8-K dtc-20240926 0001870600 ☐ 0001870600 2024-09-26 2024-09-26 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934 Date of Report (date of earliest event reported): September 26, 2024 Solo Brands, Inc. (Exact Name of Registrant as Specified in its Charter) Commission File Number 001-40979 Delaware 87-1360865 State or Other Jurisdiction of Incorporation or Organization I.R.S. Employer Identification No. 1001 Mustang Dr. Grapevine, TX 76051 Address of Principal Executive Offices Zip Code ( 817 ) 900-2664 Registrant’s Telephone Number, Including Area Code Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐      Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐      Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐      Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐      Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $0.001 par value per share DTC New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On September 23, 2024, Matthew Webb notified Solo Brands, Inc. (the “Company”) of his decision to resign as Chief Operating Officer of the Company, effective September 27, 2024. The Company has transitioned his duties internally to other members of management and begun a search for his replacement. 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 thereunto duly authorized. Solo Brands, Inc. (Registrant) Date: September 26, 2024 By: /s/ Kent Christensen Kent Christensen General Counsel EX-101.SCH 2 dtc-20240926.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0000001 - Document - Documen