Perimeter Solutions to be Acquired by R.J. Kirk Affiliate

Ticker: PRM · Form: 8-K · Filed: 2024-10-01T00:00:00.000Z

Sentiment: neutral

Topics: acquisition, merger, chemicals

TL;DR

Perimeter Solutions SA is being bought by R.J. Kirk's affiliate, deal expected to close H1 2025.

AI Summary

Perimeter Solutions, SA announced on September 27, 2024, that it has entered into a definitive agreement to be acquired by an affiliate of R.J. Kirk. The transaction is expected to close in the first half of 2025, subject to customary closing conditions. Perimeter Solutions, SA is a leading global producer of fire-fighting chemicals and specialty chemicals.

Why It Matters

This acquisition by R.J. Kirk signals a significant change in ownership for Perimeter Solutions, potentially impacting its strategic direction and operations in the fire-fighting and specialty chemicals markets.

Risk Assessment

Risk Level: medium — The acquisition is subject to closing conditions, and the integration process post-acquisition can introduce operational and financial risks.

Key Players & Entities

FAQ

Who is acquiring Perimeter Solutions, SA?

An affiliate of R.J. Kirk is acquiring Perimeter Solutions, SA.

When is the acquisition expected to close?

The transaction is expected to close in the first half of 2025.

What are the main business segments of Perimeter Solutions, SA?

Perimeter Solutions, SA is a leading global producer of fire-fighting chemicals and specialty chemicals.

What is the date of the definitive agreement for the acquisition?

The definitive agreement was entered into on September 27, 2024.

Are there any conditions for the acquisition to close?

Yes, the transaction is subject to customary closing conditions.

Filing Stats: 527 words · 2 min read · ~2 pages · Grade level 11.4 · Accepted 2024-10-01 09:06:56

Key Financial Figures

Filing Documents

01 Other Events

Item 8.01 Other Events. On September 27, 2024, Perimeter Solutions, SA (the "Company") executed a supplement (the "Supplement") to the Warrant Instrument with Computershare Inc. dated as of November 8, 2021 (the "Warrant Instrument") permitting holders of all outstanding warrants of the Company issued to investors in connection with its initial public offering to exercise their warrants on a cashless exercise basis. A copy of the Supplement, the notice provided to holders of warrants of the Company and the related press release are attached hereto as Exhibits 99.1, 99.2 and 99.3, respectively, and are incorporated herein by reference.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits The following exhibit is being furnished as part of this Current Report on Form 8-K. Exhibit No. Description 99.1 Supplement No. 1 to Warrant Instrument dated as of September 27, 2024 99.2 Notice to Holders of Warrants 99.3 Press Release dated September 30, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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: October 1, 2024 By: /s/ Kyle Sable Kyle Sable Chief Financial Officer

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