Solo Brands Board Changes Announced

Ticker: SBDS · Form: 8-K · Filed: 2024-12-20T00:00:00.000Z

Sentiment: neutral

Topics: board-changes, management, governance

TL;DR

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

AI Summary

Solo Brands, Inc. announced on December 16, 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 a company's board of directors can signal shifts in strategy or governance, potentially impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Board changes can indicate underlying issues or strategic shifts that may affect the company's future stability and performance.

Key Numbers

Key Players & Entities

FAQ

Who is the departing director from Solo Brands, Inc.'s board?

The filing does not specify the name of the departing director.

Who is the newly elected director to Solo Brands, Inc.'s board?

The filing does not specify the name of the newly elected director.

What specific changes were made to compensatory arrangements?

The filing indicates updates to compensatory arrangements for certain officers but does not detail the specific changes.

What is the principal executive office address for Solo Brands, Inc.?

The principal executive office is located at 1001 Mustang Dr., Grapevine, TX 76051.

What is the date of the earliest event reported in this 8-K filing?

The earliest event reported is dated December 16, 2024.

From the Filing

0001193125-24-283127.txt : 20241220 0001193125-24-283127.hdr.sgml : 20241220 20241220161551 ACCESSION NUMBER: 0001193125-24-283127 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241216 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241220 DATE AS OF CHANGE: 20241220 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: 241568147 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 d918945d8k.htm 8-K 8-K false 0001870600 0001870600 2024-12-16 2024-12-16     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): December 16, 2024     Solo Brands, Inc. (Exact name of Registrant as Specified in Its Charter)       Delaware   001-40979   87-1360865 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1001 Mustang Dr.   Grapevine , TX   76051 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code: (817) -900-2664 N/A (Former Name or Former Address, if Changed Since Last Report)     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 December 16, 2024, Kent Christensen, General Counsel and Secretary of Solo Brands, Inc. (the “Company”), resigned from such roles, effective December 31, 2024. Chris Blevins, the Company’s current Deputy General Counsel, is expected to serve as Interim General Counsel and Secretary of the Company, effective as of December 31, 2024. Forward-Looking Statements This Current Report on Form 8-K (“Form 8-K”) contains forward-looking statements within the meaning of the Priv

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