Welcome to our dedicated page for Compass Diversified SEC filings (Ticker: CODI), 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.
This Compass Diversified (NYSE: CODI) SEC filings page brings together the company’s regulatory disclosures, including Annual Reports, Quarterly Reports and numerous Current Reports on Form 8-K. As a holding company with middle-market branded consumer and industrial businesses, CODI uses its SEC filings to present consolidated financial statements, segment information, non-GAAP reconciliations and detailed notes on credit agreements, subsidiary performance and risk factors.
Investors can use this page to access annual reports on Form 10-K and Form 10-K/A, which include audited consolidated balance sheets, statements of operations and cash flows, along with management’s discussion and analysis and a comprehensive description of risks. Amendment No. 1 to CODI’s Form 10-K/A for the year ended December 31, 2024, for example, contains restated financial statements for 2022, 2023 and 2024 and explains adjustments related to its Lugano Holding, Inc. subsidiary. Quarterly Reports on Form 10-Q provide interim updates on net sales, gross profit, operating income, interest expense, net income (loss) and the reconciliation from GAAP results to non-GAAP measures such as Adjusted EBITDA and Adjusted Earnings (Loss).
The filings also include a series of Form 8-K current reports that describe material events. These cover topics such as the announcement of quarterly and year-to-date operating results, amendments to CODI’s Third Amended and Restated Credit Agreement, waivers and forbearance arrangements with lenders, preferred share distribution declarations, Lugano’s Chapter 11 filing, NYSE compliance notices and the scheduling of the 2026 annual meeting of shareholders. Each 8-K specifies the relevant item numbers, summarizes the event and often incorporates related press releases as exhibits.
Through Stock Titan, users can review these filings as they are made available on EDGAR and take advantage of AI-powered summaries that highlight key points in complex documents. For example, AI tools can help explain changes in leverage covenants in a credit agreement amendment, outline the impact of restatement adjustments tied to Lugano, or summarize the non-GAAP reconciliation tables in a 10-Q. The page also surfaces information on CODI’s listed preferred shares, governance updates and other disclosures that appear in its SEC reports, giving investors a structured way to analyze CODI’s regulatory history and ongoing reporting.
Compass Diversified Holdings (CODI) received a New York Stock Exchange extension to keep its securities listed and trading while it completes overdue financial reporting. The NYSE has granted an additional trading period through January 20, 2026, subject to ongoing reassessment. By that date, CODI plans to file restated financial reports for fiscal years 2022, 2023 and 2024 via an amended Form 10-K for 2024, as well as its Form 10-Q reports for the quarters ended March 31, June 30 and September 30, 2025. The company also highlights substantial uncertainties, including the outcome of an Audit Committee investigation, potential impacts from issues at Lugano, internal control weaknesses, possible restatements of additional periods, its ability to regain full NYSE compliance, lender concessions, and potential litigation and regulatory actions.
Compass Diversified Holdings reported that its subsidiary Lugano Holding, Inc. and certain subsidiaries filed for protection under Chapter 11 of the U.S. Bankruptcy Code in Delaware on November 17, 2025. At Lugano’s request, and subject to Bankruptcy Court approval, the company will enter into a credit agreement to provide debtor-in-possession financing of up to $12,000,000, including any roll-up of prepetition amounts Lugano already owes the company. The company also highlights ongoing risks tied to an Audit Committee investigation, potential restatements, internal control weaknesses, lender concessions, NYSE listing compliance, and related litigation, emphasizing that actual outcomes could differ materially from current expectations.
American Century filed an amended Schedule 13G/A reporting beneficial ownership in Compass Diversified Holdings (CODI) common stock. As of 09/30/2025, American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research each reported 4,957,634 shares, representing 6.6% of the class. For these filers, sole voting power was 4,775,275 shares and sole dispositive power was 4,957,634 shares.
American Century Capital Portfolios, Inc. reported 3,265,000 shares, or 4.3% of the class, with sole voting and dispositive power over the same number of shares. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control.
Compass Diversified (CODI) entered a Fourth Forbearance Agreement and Fourth Amendment to its credit agreement on November 7, 2025. Lenders agreed to refrain from exercising remedies for specified Lugano-related events of default until the earliest of several triggers, including 11:59 p.m. Eastern on November 24, 2025 and failure to deliver required financials to the NYSE by November 19, 2025.
During the forbearance period, CODI must operate under a 13‑week cash budget; weekly total cash disbursements may not exceed projections by more than $1 million. Revolving credit extensions will be honored as term SOFR loans with a 2.50% per annum applicable rate, provided total revolving exposure (including letters of credit) does not exceed $60 million.
The agreement permits Restricted Payments if included in the budget and after such payments CODI maintains at least $10,000,000 in qualifying cash plus availability. CODI must deliver restated audited financials for FY 2024 (and any other periods restated) and monthly financials for June–September 2025 by November 24, 2025. Amendments also provide greater flexibility to dispose of Lugano assets and provide financing to Lugano. CODI notes failure to obtain waivers or further relief would likely have a material adverse effect.
Compass Diversified Holdings (CODI) filed a Form 12b-25 to announce a late Form 10-Q for the quarter ended September 30, 2025. The company says it cannot file on time without unreasonable effort or expense due to an ongoing Audit Committee investigation previously disclosed and the need to restate financial statements for fiscal years 2022, 2023, and 2024.
CODI does not anticipate filing the Q3 2025 report within the five-calendar day extension. The company also plans to complete its financial statements for the quarters ended March 31, 2025 and June 30, 2025 and will file those Quarterly Reports as soon as reasonably practicable.
CODI indicated a significant change in results of operations is expected for Q3 2025 versus the prior-year period, but it cannot provide an estimate at this time because Q3 2024 results are subject to restatement.
Compass Diversified Holdings (CODI) reported that its lenders under the Third Amended and Restated Credit Agreement agreed to extend to November 10, 2025 the deadline for delivery of certain restated financial statements, as specified in the Third Forbearance Agreement dated October 10, 2025.
The company stated that no other amendments, waivers, or modifications were made to the Credit Agreement. The filing also includes cautionary language about ongoing review matters, noting forward‑looking statements related to the Audit Committee’s investigation, potential restatements, internal controls, and related risks.
The Vanguard Group filed an amended Schedule 13G reporting beneficial ownership in Compass Diversified Holdings (CODI). Vanguard reported 2,830,635 shares, representing 3.76% of the common stock as of 09/30/2025.
The filing lists 0 shares with sole voting power and 108,926 with shared voting power. It reports 2,682,263 shares with sole dispositive power and 148,372 with shared dispositive power. Vanguard is identified as an investment adviser (IA), and certifies the holdings were acquired and are held in the ordinary course and not to change or influence control.
The filing notes Vanguard’s clients have rights to dividends or sale proceeds tied to these securities, and no individual client has an interest exceeding 5% of the class.
Compass Diversified Holdings (CODI) disclosed that it delayed filing its quarterly report and has stated non-reliance on its 2024 financial statements due to identified irregularities in sales, cost of sales, inventory, and accounts receivable at subsidiary Lugano Holding, Inc. The company previously notified its lenders of potential defaults and entered successive forbearance agreements that paused lender remedies while CODI investigates and restates financials.
The most recent agreement (the Third Forbearance Agreement) dated
Compass Diversified Holdings and Compass Group Diversified Holdings LLC entered into second supplemental indentures on September 9, 2025 for their 5.250% senior notes due 2029 and 5.000% senior notes due 2032. These changes allow special payment-in-kind, or non-cash, increases to note principal instead of cash payments.
The company will make a one-time fixed PIK payment of $17.50 per $1,000 of principal on September 17, 2025 to holders of record on September 16, 2025, and an additional 5.00% per annum interest PIK payment for each day from August 1, 2025 through the earlier of October 24, 2025 or the delivery of restated audited financials for 2022–2024 and unaudited first-quarter 2025 results. The filing also highlights ongoing Audit Committee investigations, potential financial restatements, internal control issues, NYSE listing compliance risks, and possible litigation or regulatory actions related to these matters.
Compass Diversified Holdings (CODI) disclosed that it previously indicated non-reliance on its 2024 financial statements and later expanded that to include 2022 and 2023 due to identified concerns and irregularities at subsidiary Lugano Holding, Inc. The company has been in regular communication with holders of its 5.250% 2029 notes and 5.000% 2032 notes about potential defaults under the indentures. To allow time to complete restatements for 2022–2024 and file Q1 and Q2 2025 reports, CODI entered a Forbearance Agreement on August 29, 2025 with certain supporting holders and the trustee, under which specified defaults will be forborne through the earlier of several defined termination events, including October 24, 2025, unless extended.