Soho House taken private in $9 per share merger
Soho House & Co Inc. (SHCO) has completed a going‑private merger at a cash price of $9.00 per Class A share.
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Rhea-AI Filing Summary
Soho House & Co Inc. (SHCO) has completed a going‑private merger at a cash price of $9.00 per Class A share. Under the merger agreement, all Class A common shares beneficially owned by Goldman Sachs–affiliated funds, other than designated rollover shares, were canceled and converted into the right to receive $9.00 in cash per share.
The Goldman Sachs entities agreed in a GS Rollover Letter that 13,859,953 of their 15,526,619 Class A shares would remain outstanding as rollover shares. As a result of the merger, Soho House became a privately held company, and its Class A common stock is being delisted and deregistered under the Exchange Act.
Insights
Soho House is taken private at $9.00 per share, with Goldman Sachs funds rolling over a sizable equity stake.
The amendment details how Goldman Sachs–affiliated entities treat their Soho House Class A common stock in the completed merger. Of 15,526,619 shares held by these funds, 13,859,953 are designated as rollover shares that stay invested in the now‑private company.
All other Class A shares held by these reporting persons are converted into cash at $9.00 per share under the merger terms. The filing notes 44,106,860 Class A shares outstanding as of January 30, 2026, with 13,859,953 shares representing 31.4% of that class but about 1.0% of total voting power across both share classes.
The amendment also describes a Voting Agreement entered at the merger closing between the Goldman Sachs entities, the issuer, and certain post‑merger stockholders, covering governance, transfer restrictions, and liquidity rights. Overall, this document mainly formalizes ownership and governance arrangements after the going‑private transaction, with the pricing and merger structure already disclosed previously.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Soho House (SHCO) Schedule 13D/A Amendment No. 4 disclose?
The amendment discloses that Soho House & Co Inc. completed a going‑private merger. All Class A shares, except designated rollover shares held by Goldman Sachs–affiliated funds, were converted into $9.00 cash per share, and the company became privately held with plans to delist its stock.
What ownership percentage do the Goldman Sachs entities report in Soho House (SHCO) Class A stock?
The reporting persons state that 13,859,953 Class A shares equal 31.4% of that class, based on 44,106,860 Class A shares outstanding as of January 30, 2026. They also note this stake represents approximately 1.0% of aggregate voting power across Class A and Class B shares.
What happens to Soho House (SHCO) stock listing and SEC registration after the merger?
The amendment explains that the issuer will cause the delisting and termination of registration of its Class A common stock under the Exchange Act. After this deregistration, the reporting persons’ Section 13(d) filing obligations will cease for Soho House Class A common stock.
What is the Voting Agreement mentioned for Soho House (SHCO) after the merger?
The filing notes that, at closing, Goldman Sachs entities entered a Voting Agreement with Soho House and certain post‑merger stockholders. This agreement sets out governance arrangements, transfer restrictions, and liquidity rights for their investment in the privately held company going forward.
AI-generated analysis. How Rhea-AI works. Not financial advice.