Mayville Engineering (NYSE: MEC) details Accu-Fab deal with full financials
Rhea-AI Filing Summary
Mayville Engineering Company, Inc. filed an amendment to a prior current report to add detailed financial information related to its completed acquisition of Accu-Fab, LLC. The original report had disclosed the closing of the deal but omitted Accu-Fab’s financial statements and combined pro forma figures under permitted timing rules.
This amendment supplies audited and unaudited historical financial statements for Accu-Fab and unaudited pro forma consolidated combined financial information for Mayville Engineering and Accu-Fab. These exhibits are intended to help investors see how the businesses would have looked on a combined basis over recent periods. Other disclosures from the original report remain unchanged.
Positive
- None.
Negative
- None.
FAQ
What does Mayville Engineering Company (MEC) report in this Form 8-K/A amendment?
Mayville Engineering Company, Inc. filed an Amendment No. 1 to a prior current report to add the historical financial statements of Accu-Fab, LLC and unaudited pro forma consolidated combined financial information for the combined company. The underlying acquisition had already been reported earlier.
Why did MEC file an amendment instead of a new report for the Accu-Fab acquisition?
The company had previously reported the consummation of the Accu-Fab, LLC acquisition in an earlier current report. This amendment is filed to supplement Item 9.01 by adding Accu-Fab’s financial statements and the combined pro forma information that were initially omitted in reliance on the instructions to those items.
What financial statements of Accu-Fab are included in MEC’s 8-K/A?
The amendment attaches as exhibits the audited financial statements of Accu-Fab, LLC as of and for the years ended December 31, 2024 and 2023, and the unaudited financial statements for the three months ended March 31, 2025 and 2024, together with related notes.
What pro forma financial information does MEC provide for the Accu-Fab acquisition?
The amendment includes unaudited pro forma consolidated combined financial information of Mayville Engineering Company, Inc. as of and for the three months ended March 31, 2025, and for the twelve months ended December 31, 2024, along with related notes, to illustrate how the combined company’s results might have appeared.
Which exhibits are key for investors in MEC’s 8-K/A related to Accu-Fab?
Key exhibits are: 99.1 (audited Accu-Fab financial statements), 99.2 (unaudited Accu-Fab interim financial statements), and 99.3 (unaudited pro forma consolidated combined financial information of Mayville Engineering and Accu-Fab). A consent from RSM US LLP is provided as Exhibit 23.1.
Does this MEC 8-K/A change any other terms of the Accu-Fab acquisition?
No. The amendment states that, except for providing the additional financial and pro forma information required under Item 9.01, no other information from the original current report is amended or supplemented.