Welcome to our dedicated page for Advantage Solutions SEC filings (Ticker: ADV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Advantage Solutions Inc. filings document the formal disclosures of an operating company that provides outsourced sales, marketing, merchandising, sampling and retailer support services to consumer goods manufacturers and retailers. Its 8-K reports furnish quarterly and annual results, non-GAAP reconciliations, earnings presentation materials and material-event updates involving operations and financial condition.
The company’s SEC record also covers proxy governance, executive compensation, director elections, officer and board changes, shareholder voting matters and capital-structure actions. Recent filings document amendments to governing documents for a completed 1-for-25 reverse stock split of Class A common stock and material debt transactions involving senior secured notes at Advantage Sales & Marketing Inc.
Advantage Solutions Inc. reports that its subsidiary Advantage Sales & Marketing Inc. has received overwhelming support for its debt exchange offer. Holders of $589,883,000 aggregate principal amount of 6.50% Senior Secured Notes due 2028, representing more than 99% of notes outstanding, have tendered their notes and delivered consents.
The exchange will swap the Existing Notes for a mix of newly issued 9.000% Senior Secured Notes due 2030 and cash, and enables extensive amendments to the existing indenture. These changes include removing most covenants and events of default, terminating subsidiary guarantees, and releasing all collateral securing the Existing Notes, once the exchange settles.
The settlement of the exchange and related consent solicitation is expected on March 11, 2026, subject to conditions in the offering memorandum. In parallel, lenders representing more than 99% of the company’s existing term loans have agreed to participate in related term loan amendment and refinancing transactions.
Advantage Solutions Inc. director Yao Xiaofeng filed an initial ownership report on Form 3. This filing establishes their status as a director and discloses that there are no insider share purchases, sales, acquisitions, or dispositions reported in this filing.
Advantage Solutions Inc. director Thomas Brian Turner filed an initial statement of beneficial ownership on Form 3. This filing establishes his status as a director and records his equity position with the company, but it does not report any stock purchases, sales, or other transactions.
Advantage Solutions Inc. reported changes to its board of directors. Cameron Breitner and Adam Nebesar resigned from the board effective February 20, 2026. To fill these vacancies, the board appointed Thomas Turner as a Class I director and Xiaofeng “Frank” Yao as a Class II director, with terms running until the 2027 and 2028 annual stockholder meetings, respectively, unless they leave earlier.
Turner is a Senior Managing Director at CVC Advisors (U.S.) Inc., and Yao is President and Chief Commercial Officer of VXI Global Solutions, LLC and formerly a Managing Director at Bain Capital Private Equity. Both were designated under an existing stockholders agreement by affiliates CVC ASM Holdco, L.P. and BC Eagle Holdings, L.P. They will not receive the company’s standard non‑employee director compensation and have no disclosed related‑party transactions or family relationships with current directors or executives.
Advantage Solutions Inc. is asking stockholders at a March 16, 2026 virtual special meeting to approve a reverse stock split of its Class A common stock at a ratio between 1‑for‑10 and 1‑for‑25, with the exact ratio and timing set later by the Board.
The company has received a Nasdaq notice for failing to meet the $1.00 minimum bid price and views the reverse split as a way to help regain compliance, support future capital raising, and potentially broaden investor interest. The split would proportionally reduce outstanding shares and equity awards, while adjusting authorized common and preferred shares so there are relatively more authorized but unissued shares available for future use.
Stockholders are also being asked to approve a possible adjournment of the meeting to allow more time to solicit votes if support for the reverse split is initially insufficient. Holders of 327,507,690 shares of common stock as of February 6, 2026 may vote, one vote per share, via Internet, phone, mail, or during the virtual meeting.
Advantage Solutions Inc. entered a Transaction Support Agreement with holders of approximately 59.2% of its 6.50% Senior Secured Notes due 2028 and 54.3% of its existing term loans to pursue transactions that extend the maturities of its debt. These include exchanging Existing Notes for new 9.000% Senior Secured Notes due 2030 plus cash, and offering new term loans in exchange for existing term loans, with targeted completion by March 26, 2026. The company also launched a related exchange offer and consent solicitation and is working on an ABL facility extension. Preliminary 2025 results show estimated revenue of $3.5–$3.55 billion (about 1% lower than 2024), an operating loss from continuing operations of $120–$130 million (a 58% improvement versus 2024) and Adjusted EBITDA from Continuing Operations of $328–$333 million (about 7% below 2024).
Advantage Solutions Inc. reported an insider tax-withholding transaction by its Chief Executive Officer, David A. Peacock. On 02/04/2026, the company withheld 57,167 shares of Class A common stock at $1.14 per share to cover taxes due on vesting restricted stock units. After this withholding, Peacock beneficially owned 3,501,366 shares of Class A common stock directly. This event reflects routine equity compensation and related tax settlement rather than an open-market sale.
An affiliate of ADV has filed a notice to sell 65,796 Class A shares on or about 02/03/2026 through Fidelity Brokerage Services LLC on the NASDAQ, with an aggregate market value of $65,170.94.
These shares were acquired from the issuer on 02/02/2026 through restricted stock vesting as compensation. The notice states that the filer does not know of any undisclosed material adverse information about the issuer’s current or prospective operations.
Advantage Solutions Inc. is calling a virtual special stockholder meeting on March 16, 2026 to vote on a reverse stock split and related charter changes. The Board seeks authority to combine the Class A common stock at any ratio between 1‑for‑10 and 1‑for‑25 and simultaneously reduce authorized common and preferred shares using a 1.5x formula tied to the split ratio.
The company explains that its Nasdaq Global Select Market listing is at risk after a bid‑price deficiency notice and views a higher share price as helpful for regaining compliance and potentially accessing equity capital. As of January 30, 2026, 327,376,178 common shares were outstanding. A second proposal would allow adjournment of the meeting to solicit more proxies if support for the reverse split is initially insufficient.
Advantage Solutions Inc. reported that on January 7, 2026 it received a notice from Nasdaq that its common stock no longer meets the $1.00 minimum bid price requirement for the Nasdaq Global Select Market.
The company has 180 calendar days, until July 6, 2026, to regain compliance by having its closing bid price at or above $1.00 per share for at least ten consecutive business days. The notice does not immediately affect the current Nasdaq Global Select Market listing.
If compliance is not regained by July 6, 2026, the company may seek a transfer to the Nasdaq Capital Market, subject to meeting other listing standards, paying an application fee, and detailing its plan to cure the deficiency. Failure to regain compliance within available periods could lead to delisting, although the company would have the right to appeal. Advantage Solutions intends to monitor its stock price and consider options to restore compliance.