[8-K] SpartanNash Company Reports Material Event
On 22 June 2025, SpartanNash Company (Nasdaq: SPTN) filed an 8-K announcing it has signed an Agreement and Plan of Merger with New Mackinac HoldCo, Inc. (Parent), Mackinac Merger Sub, Inc. and C&S Wholesale Grocers, LLC (Guarantor). Under the agreement, Merger Sub will merge with and into SpartanNash, after which the Company will survive as a wholly-owned subsidiary of Parent.
At the effective time, each outstanding share of SpartanNash common stock (other than shares already held by Parent or Merger Sub) will automatically convert into the right to receive $26.90 in cash, without interest (the “Merger Consideration”). No stock or contingent consideration is contemplated, providing shareholders with an all-cash exit.
The transaction is subject to customary conditions, including (i) approval by SpartanNash shareholders at a forthcoming special meeting, (ii) required governmental and regulatory consents, and (iii) satisfaction or waiver of other closing conditions to be detailed in a subsequent 8-K. The Company will file preliminary and definitive proxy statements with the SEC; definitive materials will be mailed to eligible shareholders. The filing urges investors to read these documents in full when available.
A press release describing the transaction is furnished as Exhibit 99.1. Forward-looking statements in the filing highlight risks such as failure to obtain shareholder or regulatory approvals, potential termination fees, litigation, operational restrictions during the pendency of the deal, management distraction, and possible adverse effects on share price, credit ratings, employee retention and customer relationships if the merger is delayed or not completed.
This 8-K does not constitute an offer to sell or the solicitation of an offer to buy securities. Further details, including the full merger agreement and any updates to conditions, will be provided in future SEC filings.
Il 22 giugno 2025, SpartanNash Company (Nasdaq: SPTN) ha presentato un 8-K annunciando la firma di un Accordo e Piano di Fusione con New Mackinac HoldCo, Inc. (Società Madre), Mackinac Merger Sub, Inc. e C&S Wholesale Grocers, LLC (Garanti). Secondo l'accordo, Merger Sub si fonderà con e in SpartanNash, dopodiché la Società sopravvivrà come una controllata interamente posseduta dalla Società Madre.
Al momento dell'efficacia, ogni azione ordinaria di SpartanNash in circolazione (escluse quelle già detenute dalla Società Madre o da Merger Sub) sarà automaticamente convertita nel diritto di ricevere 26,90 $ in contanti, senza interessi (la “Controparte della Fusione”). Non è prevista alcuna azione o compensazione condizionale, offrendo agli azionisti un'uscita completamente in contanti.
L'operazione è soggetta a condizioni consuete, tra cui (i) l'approvazione degli azionisti di SpartanNash in una prossima assemblea straordinaria, (ii) i necessari consensi governativi e regolamentari, e (iii) il soddisfacimento o la rinuncia ad altre condizioni di chiusura che saranno dettagliate in un successivo 8-K. La Società presenterà dichiarazioni preliminari e definitive con la SEC; i materiali definitivi saranno inviati agli azionisti aventi diritto. Il documento invita gli investitori a leggere attentamente tali documenti non appena disponibili.
Un comunicato stampa che descrive l'operazione è fornito come Allegato 99.1. Le dichiarazioni previsionali contenute nel documento evidenziano rischi quali il mancato ottenimento delle approvazioni degli azionisti o regolamentari, eventuali penali di risoluzione, contenziosi, restrizioni operative durante la durata dell'accordo, distrazione del management e possibili effetti negativi sul prezzo delle azioni, rating creditizi, mantenimento dei dipendenti e rapporti con i clienti in caso di ritardi o mancata conclusione della fusione.
Questo 8-K non costituisce un'offerta di vendita né una sollecitazione all'acquisto di titoli. Ulteriori dettagli, incluso il testo completo dell'accordo di fusione e eventuali aggiornamenti sulle condizioni, saranno forniti in future comunicazioni alla SEC.
El 22 de junio de 2025, SpartanNash Company (Nasdaq: SPTN) presentó un 8-K anunciando que ha firmado un Acuerdo y Plan de Fusión con New Mackinac HoldCo, Inc. (Matriz), Mackinac Merger Sub, Inc. y C&S Wholesale Grocers, LLC (Garante). Según el acuerdo, Merger Sub se fusionará con y en SpartanNash, tras lo cual la Compañía continuará como una subsidiaria propiedad total de la Matriz.
En el momento de la efectividad, cada acción común en circulación de SpartanNash (excepto las acciones ya en poder de la Matriz o Merger Sub) se convertirá automáticamente en el derecho a recibir 26,90 $ en efectivo, sin intereses (la “Consideración de la Fusión”). No se contempla ninguna acción ni contraprestación contingente, ofreciendo a los accionistas una salida totalmente en efectivo.
La transacción está sujeta a condiciones habituales, incluyendo (i) la aprobación de los accionistas de SpartanNash en una próxima junta extraordinaria, (ii) los consentimientos gubernamentales y regulatorios requeridos, y (iii) el cumplimiento o renuncia a otras condiciones de cierre que se detallarán en un próximo 8-K. La Compañía presentará declaraciones preliminares y definitivas ante la SEC; los materiales definitivos serán enviados a los accionistas elegibles. Se insta a los inversores a leer estos documentos en su totalidad cuando estén disponibles.
Un comunicado de prensa que describe la transacción se proporciona como Anexo 99.1. Las declaraciones prospectivas en la presentación destacan riesgos como la falta de aprobación de accionistas o reguladores, posibles cargos por terminación, litigios, restricciones operativas durante la vigencia del acuerdo, distracción de la gerencia y posibles efectos adversos en el precio de las acciones, calificaciones crediticias, retención de empleados y relaciones con clientes si la fusión se retrasa o no se completa.
Este 8-K no constituye una oferta de venta ni una solicitud para comprar valores. Se proporcionarán más detalles, incluido el acuerdo completo de fusión y cualquier actualización sobre las condiciones, en futuras presentaciones ante la SEC.
2025년 6월 22일, SpartanNash Company(Nasdaq: SPTN)는 8-K를 제출하여 New Mackinac HoldCo, Inc.(모회사), Mackinac Merger Sub, Inc. 및 C&S Wholesale Grocers, LLC(보증인)와 합병 계약 및 계획을 체결했다고 발표했습니다. 계약에 따라 Merger Sub는 SpartanNash와 합병되며, 이후 회사는 모회사의 100% 자회사로 존속하게 됩니다.
효력 발생 시점에 SpartanNash의 발행 주식(모회사 또는 Merger Sub가 이미 보유한 주식을 제외한)은 자동으로 주당 26.90달러 현금(이자 없이)를 받을 권리로 전환됩니다(“합병 대가”). 주식이나 조건부 대가는 포함되지 않아 주주들에게 전액 현금으로 매각할 기회를 제공합니다.
이번 거래는 (i) SpartanNash 주주들의 특별 주주총회 승인, (ii) 필요한 정부 및 규제 기관의 승인, (iii) 추후 8-K에서 상세히 명시될 기타 종결 조건의 충족 또는 면제를 포함한 일반적인 조건에 따릅니다. 회사는 SEC에 예비 및 최종 위임장 서류를 제출할 예정이며, 최종 자료는 권리 있는 주주들에게 우편으로 발송됩니다. 투자자들은 해당 문서가 공개되면 전체 내용을 주의 깊게 읽을 것을 권고합니다.
거래 내용을 설명하는 보도 자료는 첨부 99.1로 제공됩니다. 제출서류 내 미래 예측 진술에서는 주주 또는 규제 승인 미달, 계약 해지 수수료 발생 가능성, 소송, 거래 진행 중 운영 제한, 경영진 주의 분산, 합병 지연 또는 미완료 시 주가, 신용 등급, 직원 유지 및 고객 관계에 미칠 수 있는 부정적 영향 등의 위험을 강조하고 있습니다.
본 8-K는 증권 매도 제안이나 매수 권유가 아닙니다. 전체 합병 계약서 및 조건 변경 사항 등 추가 세부 내용은 향후 SEC 제출 서류에서 제공될 예정입니다.
Le 22 juin 2025, SpartanNash Company (Nasdaq : SPTN) a déposé un 8-K annonçant la signature d’un Accord et Plan de Fusion avec New Mackinac HoldCo, Inc. (Société Mère), Mackinac Merger Sub, Inc. et C&S Wholesale Grocers, LLC (Garant). Conformément à l’accord, Merger Sub sera fusionné avec et dans SpartanNash, après quoi la Société survivra en tant que filiale à 100 % de la Société Mère.
Au moment de l’entrée en vigueur, chaque action ordinaire en circulation de SpartanNash (à l’exception des actions déjà détenues par la Société Mère ou Merger Sub) sera automatiquement convertie en droit de recevoir 26,90 $ en espèces, sans intérêts (la « Contrepartie de la Fusion »). Aucune action ou contrepartie conditionnelle n’est envisagée, offrant aux actionnaires une sortie entièrement en espèces.
La transaction est soumise à des conditions habituelles, notamment (i) l’approbation des actionnaires de SpartanNash lors d’une prochaine assemblée générale extraordinaire, (ii) les consentements gouvernementaux et réglementaires requis, et (iii) la satisfaction ou la renonciation à d’autres conditions de clôture qui seront détaillées dans un prochain 8-K. La Société déposera des déclarations préliminaires et définitives auprès de la SEC ; les documents définitifs seront envoyés aux actionnaires éligibles. Il est recommandé aux investisseurs de lire attentivement ces documents dès leur disponibilité.
Un communiqué de presse décrivant la transaction est fourni en Annexe 99.1. Les déclarations prospectives contenues dans le dépôt soulignent des risques tels que l’échec à obtenir les approbations des actionnaires ou des régulateurs, les éventuels frais de résiliation, les litiges, les restrictions opérationnelles pendant la durée de la transaction, la distraction de la direction, ainsi que les effets potentiellement négatifs sur le cours de l’action, les notations de crédit, la rétention des employés et les relations clients en cas de retard ou de non-réalisation de la fusion.
Ce 8-K ne constitue ni une offre de vente ni une sollicitation d’achat de titres. Des détails complémentaires, incluant l’intégralité de l’accord de fusion et toute mise à jour des conditions, seront fournis dans de futurs dépôts auprès de la SEC.
Am 22. Juni 2025 reichte die SpartanNash Company (Nasdaq: SPTN) ein 8-K ein und gab bekannt, dass sie eine Vereinbarung und einen Fusionsplan mit New Mackinac HoldCo, Inc. (Muttergesellschaft), Mackinac Merger Sub, Inc. und C&S Wholesale Grocers, LLC (Garantiegeber) unterzeichnet hat. Gemäß der Vereinbarung wird Merger Sub mit SpartanNash verschmolzen, woraufhin das Unternehmen als hundertprozentige Tochtergesellschaft der Muttergesellschaft fortbestehen wird.
Zum Wirksamkeitszeitpunkt wird jede ausstehende Stammaktie von SpartanNash (mit Ausnahme der bereits von der Muttergesellschaft oder Merger Sub gehaltenen Aktien) automatisch in das Recht auf 26,90 $ in bar, ohne Zinsen (die „Fusionsgegenleistung“) umgewandelt. Es sind keine Aktien oder bedingten Gegenleistungen vorgesehen, was den Aktionären einen vollständigen Barausstieg ermöglicht.
Die Transaktion unterliegt üblichen Bedingungen, einschließlich (i) der Zustimmung der SpartanNash-Aktionäre bei einer bevorstehenden außerordentlichen Hauptversammlung, (ii) erforderlichen behördlichen und regulatorischen Genehmigungen sowie (iii) der Erfüllung oder dem Verzicht auf weitere Abschlussbedingungen, die in einem nachfolgenden 8-K näher erläutert werden. Das Unternehmen wird vorläufige und endgültige Vollmachten bei der SEC einreichen; endgültige Unterlagen werden an berechtigte Aktionäre versandt. Investoren werden aufgefordert, diese Dokumente bei Verfügbarkeit vollständig zu lesen.
Eine Pressemitteilung, die die Transaktion beschreibt, ist als Anlage 99.1 beigefügt. Die zukunftsgerichteten Aussagen in der Einreichung heben Risiken hervor, wie z. B. das Ausbleiben von Aktionärs- oder behördlichen Zustimmungen, mögliche Kündigungsgebühren, Rechtsstreitigkeiten, operative Einschränkungen während der Dauer des Deals, Management-Ablenkung sowie mögliche negative Auswirkungen auf Aktienkurs, Kreditratings, Mitarbeiterbindung und Kundenbeziehungen, falls die Fusion verzögert oder nicht abgeschlossen wird.
Dieses 8-K stellt kein Verkaufsangebot oder eine Aufforderung zum Kauf von Wertpapieren dar. Weitere Einzelheiten, einschließlich des vollständigen Fusionsvertrags und etwaiger Aktualisierungen der Bedingungen, werden in zukünftigen SEC-Einreichungen bereitgestellt.
- All-cash consideration of $26.90 per share provides immediate liquidity and price certainty to SpartanNash shareholders.
- Completion is contingent on shareholder approval and multiple regulatory clearances, creating closing risk.
- Pendency covenants and management distraction could restrict business operations and affect performance before the deal closes.
Insights
TL;DR: All-cash $26.90 per-share buyout makes SPTN private; closing hinges on shareholder and regulatory approvals but financing risk appears limited.
The deal structure is straightforward: cash consideration, no collars, and Guarantor C&S Wholesale Grocers backs Parent, reducing financing uncertainty. Shareholders gain price certainty at signing, while Parent absorbs all future operational upside. Material conditions include majority shareholder approval, customary antitrust clearance and possible termination fees (details pending). The furnished press release suggests imminent proxy materials, indicating a typical U.S. public-to-private timetable of 4-6 months if no extended regulatory review arises. With no competing bids disclosed, board support appears unanimous, although the proxy could reveal a go-shop or break-fee that may invite interlopers. From an M&A perspective, the transaction is likely to be accretive to SpartanNash holders if the $26.90 price represents a meaningful premium to undisturbed trading levels (not disclosed here). Key watch-points are antitrust clearance in wholesale grocery distribution and any shareholder activism seeking a higher price.
TL;DR: Cash deal offers certainty, but execution risks—regulatory, litigation, shareholder vote—could delay or terminate the merger.
The forward-looking statement section enumerates multiple deal risks. Failure to secure the required shareholder vote or regulatory approvals would void the agreement, potentially triggering termination fees. Pending-deal covenants may restrict SpartanNash from pursuing alternative strategic options or certain operational initiatives, possibly affecting near-term performance. Management distraction and employee retention risks are specifically highlighted. Investors should monitor the upcoming proxy for termination-fee magnitude, go-shop provisions and detailed closing conditions. Until closing, SPTN shares will trade on deal-risk perception rather than fundamentals. Overall risk profile is moderate: antitrust scrutiny in the grocery supply chain could be material, and any market shift impacting financing or buyer strategy could jeopardize completion.
Il 22 giugno 2025, SpartanNash Company (Nasdaq: SPTN) ha presentato un 8-K annunciando la firma di un Accordo e Piano di Fusione con New Mackinac HoldCo, Inc. (Società Madre), Mackinac Merger Sub, Inc. e C&S Wholesale Grocers, LLC (Garanti). Secondo l'accordo, Merger Sub si fonderà con e in SpartanNash, dopodiché la Società sopravvivrà come una controllata interamente posseduta dalla Società Madre.
Al momento dell'efficacia, ogni azione ordinaria di SpartanNash in circolazione (escluse quelle già detenute dalla Società Madre o da Merger Sub) sarà automaticamente convertita nel diritto di ricevere 26,90 $ in contanti, senza interessi (la “Controparte della Fusione”). Non è prevista alcuna azione o compensazione condizionale, offrendo agli azionisti un'uscita completamente in contanti.
L'operazione è soggetta a condizioni consuete, tra cui (i) l'approvazione degli azionisti di SpartanNash in una prossima assemblea straordinaria, (ii) i necessari consensi governativi e regolamentari, e (iii) il soddisfacimento o la rinuncia ad altre condizioni di chiusura che saranno dettagliate in un successivo 8-K. La Società presenterà dichiarazioni preliminari e definitive con la SEC; i materiali definitivi saranno inviati agli azionisti aventi diritto. Il documento invita gli investitori a leggere attentamente tali documenti non appena disponibili.
Un comunicato stampa che descrive l'operazione è fornito come Allegato 99.1. Le dichiarazioni previsionali contenute nel documento evidenziano rischi quali il mancato ottenimento delle approvazioni degli azionisti o regolamentari, eventuali penali di risoluzione, contenziosi, restrizioni operative durante la durata dell'accordo, distrazione del management e possibili effetti negativi sul prezzo delle azioni, rating creditizi, mantenimento dei dipendenti e rapporti con i clienti in caso di ritardi o mancata conclusione della fusione.
Questo 8-K non costituisce un'offerta di vendita né una sollecitazione all'acquisto di titoli. Ulteriori dettagli, incluso il testo completo dell'accordo di fusione e eventuali aggiornamenti sulle condizioni, saranno forniti in future comunicazioni alla SEC.
El 22 de junio de 2025, SpartanNash Company (Nasdaq: SPTN) presentó un 8-K anunciando que ha firmado un Acuerdo y Plan de Fusión con New Mackinac HoldCo, Inc. (Matriz), Mackinac Merger Sub, Inc. y C&S Wholesale Grocers, LLC (Garante). Según el acuerdo, Merger Sub se fusionará con y en SpartanNash, tras lo cual la Compañía continuará como una subsidiaria propiedad total de la Matriz.
En el momento de la efectividad, cada acción común en circulación de SpartanNash (excepto las acciones ya en poder de la Matriz o Merger Sub) se convertirá automáticamente en el derecho a recibir 26,90 $ en efectivo, sin intereses (la “Consideración de la Fusión”). No se contempla ninguna acción ni contraprestación contingente, ofreciendo a los accionistas una salida totalmente en efectivo.
La transacción está sujeta a condiciones habituales, incluyendo (i) la aprobación de los accionistas de SpartanNash en una próxima junta extraordinaria, (ii) los consentimientos gubernamentales y regulatorios requeridos, y (iii) el cumplimiento o renuncia a otras condiciones de cierre que se detallarán en un próximo 8-K. La Compañía presentará declaraciones preliminares y definitivas ante la SEC; los materiales definitivos serán enviados a los accionistas elegibles. Se insta a los inversores a leer estos documentos en su totalidad cuando estén disponibles.
Un comunicado de prensa que describe la transacción se proporciona como Anexo 99.1. Las declaraciones prospectivas en la presentación destacan riesgos como la falta de aprobación de accionistas o reguladores, posibles cargos por terminación, litigios, restricciones operativas durante la vigencia del acuerdo, distracción de la gerencia y posibles efectos adversos en el precio de las acciones, calificaciones crediticias, retención de empleados y relaciones con clientes si la fusión se retrasa o no se completa.
Este 8-K no constituye una oferta de venta ni una solicitud para comprar valores. Se proporcionarán más detalles, incluido el acuerdo completo de fusión y cualquier actualización sobre las condiciones, en futuras presentaciones ante la SEC.
2025년 6월 22일, SpartanNash Company(Nasdaq: SPTN)는 8-K를 제출하여 New Mackinac HoldCo, Inc.(모회사), Mackinac Merger Sub, Inc. 및 C&S Wholesale Grocers, LLC(보증인)와 합병 계약 및 계획을 체결했다고 발표했습니다. 계약에 따라 Merger Sub는 SpartanNash와 합병되며, 이후 회사는 모회사의 100% 자회사로 존속하게 됩니다.
효력 발생 시점에 SpartanNash의 발행 주식(모회사 또는 Merger Sub가 이미 보유한 주식을 제외한)은 자동으로 주당 26.90달러 현금(이자 없이)를 받을 권리로 전환됩니다(“합병 대가”). 주식이나 조건부 대가는 포함되지 않아 주주들에게 전액 현금으로 매각할 기회를 제공합니다.
이번 거래는 (i) SpartanNash 주주들의 특별 주주총회 승인, (ii) 필요한 정부 및 규제 기관의 승인, (iii) 추후 8-K에서 상세히 명시될 기타 종결 조건의 충족 또는 면제를 포함한 일반적인 조건에 따릅니다. 회사는 SEC에 예비 및 최종 위임장 서류를 제출할 예정이며, 최종 자료는 권리 있는 주주들에게 우편으로 발송됩니다. 투자자들은 해당 문서가 공개되면 전체 내용을 주의 깊게 읽을 것을 권고합니다.
거래 내용을 설명하는 보도 자료는 첨부 99.1로 제공됩니다. 제출서류 내 미래 예측 진술에서는 주주 또는 규제 승인 미달, 계약 해지 수수료 발생 가능성, 소송, 거래 진행 중 운영 제한, 경영진 주의 분산, 합병 지연 또는 미완료 시 주가, 신용 등급, 직원 유지 및 고객 관계에 미칠 수 있는 부정적 영향 등의 위험을 강조하고 있습니다.
본 8-K는 증권 매도 제안이나 매수 권유가 아닙니다. 전체 합병 계약서 및 조건 변경 사항 등 추가 세부 내용은 향후 SEC 제출 서류에서 제공될 예정입니다.
Le 22 juin 2025, SpartanNash Company (Nasdaq : SPTN) a déposé un 8-K annonçant la signature d’un Accord et Plan de Fusion avec New Mackinac HoldCo, Inc. (Société Mère), Mackinac Merger Sub, Inc. et C&S Wholesale Grocers, LLC (Garant). Conformément à l’accord, Merger Sub sera fusionné avec et dans SpartanNash, après quoi la Société survivra en tant que filiale à 100 % de la Société Mère.
Au moment de l’entrée en vigueur, chaque action ordinaire en circulation de SpartanNash (à l’exception des actions déjà détenues par la Société Mère ou Merger Sub) sera automatiquement convertie en droit de recevoir 26,90 $ en espèces, sans intérêts (la « Contrepartie de la Fusion »). Aucune action ou contrepartie conditionnelle n’est envisagée, offrant aux actionnaires une sortie entièrement en espèces.
La transaction est soumise à des conditions habituelles, notamment (i) l’approbation des actionnaires de SpartanNash lors d’une prochaine assemblée générale extraordinaire, (ii) les consentements gouvernementaux et réglementaires requis, et (iii) la satisfaction ou la renonciation à d’autres conditions de clôture qui seront détaillées dans un prochain 8-K. La Société déposera des déclarations préliminaires et définitives auprès de la SEC ; les documents définitifs seront envoyés aux actionnaires éligibles. Il est recommandé aux investisseurs de lire attentivement ces documents dès leur disponibilité.
Un communiqué de presse décrivant la transaction est fourni en Annexe 99.1. Les déclarations prospectives contenues dans le dépôt soulignent des risques tels que l’échec à obtenir les approbations des actionnaires ou des régulateurs, les éventuels frais de résiliation, les litiges, les restrictions opérationnelles pendant la durée de la transaction, la distraction de la direction, ainsi que les effets potentiellement négatifs sur le cours de l’action, les notations de crédit, la rétention des employés et les relations clients en cas de retard ou de non-réalisation de la fusion.
Ce 8-K ne constitue ni une offre de vente ni une sollicitation d’achat de titres. Des détails complémentaires, incluant l’intégralité de l’accord de fusion et toute mise à jour des conditions, seront fournis dans de futurs dépôts auprès de la SEC.
Am 22. Juni 2025 reichte die SpartanNash Company (Nasdaq: SPTN) ein 8-K ein und gab bekannt, dass sie eine Vereinbarung und einen Fusionsplan mit New Mackinac HoldCo, Inc. (Muttergesellschaft), Mackinac Merger Sub, Inc. und C&S Wholesale Grocers, LLC (Garantiegeber) unterzeichnet hat. Gemäß der Vereinbarung wird Merger Sub mit SpartanNash verschmolzen, woraufhin das Unternehmen als hundertprozentige Tochtergesellschaft der Muttergesellschaft fortbestehen wird.
Zum Wirksamkeitszeitpunkt wird jede ausstehende Stammaktie von SpartanNash (mit Ausnahme der bereits von der Muttergesellschaft oder Merger Sub gehaltenen Aktien) automatisch in das Recht auf 26,90 $ in bar, ohne Zinsen (die „Fusionsgegenleistung“) umgewandelt. Es sind keine Aktien oder bedingten Gegenleistungen vorgesehen, was den Aktionären einen vollständigen Barausstieg ermöglicht.
Die Transaktion unterliegt üblichen Bedingungen, einschließlich (i) der Zustimmung der SpartanNash-Aktionäre bei einer bevorstehenden außerordentlichen Hauptversammlung, (ii) erforderlichen behördlichen und regulatorischen Genehmigungen sowie (iii) der Erfüllung oder dem Verzicht auf weitere Abschlussbedingungen, die in einem nachfolgenden 8-K näher erläutert werden. Das Unternehmen wird vorläufige und endgültige Vollmachten bei der SEC einreichen; endgültige Unterlagen werden an berechtigte Aktionäre versandt. Investoren werden aufgefordert, diese Dokumente bei Verfügbarkeit vollständig zu lesen.
Eine Pressemitteilung, die die Transaktion beschreibt, ist als Anlage 99.1 beigefügt. Die zukunftsgerichteten Aussagen in der Einreichung heben Risiken hervor, wie z. B. das Ausbleiben von Aktionärs- oder behördlichen Zustimmungen, mögliche Kündigungsgebühren, Rechtsstreitigkeiten, operative Einschränkungen während der Dauer des Deals, Management-Ablenkung sowie mögliche negative Auswirkungen auf Aktienkurs, Kreditratings, Mitarbeiterbindung und Kundenbeziehungen, falls die Fusion verzögert oder nicht abgeschlossen wird.
Dieses 8-K stellt kein Verkaufsangebot oder eine Aufforderung zum Kauf von Wertpapieren dar. Weitere Einzelheiten, einschließlich des vollständigen Fusionsvertrags und etwaiger Aktualisierungen der Bedingungen, werden in zukünftigen SEC-Einreichungen bereitgestellt.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
(Exact name of Registrant as Specified in Its Charter)
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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:
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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 8.01. | Other Events. |
On June 22, 2025, SpartanNash Company, a Michigan corporation (the “Company” or “SpartanNash”), entered into an Agreement and Plan of Merger (the “Merger Agreement”), by and among the Company, New Mackinac HoldCo, Inc., a Delaware corporation (“Parent”), Mackinac Merger Sub, Inc., a Delaware corporation (“Merger Sub”) and a wholly-owned subsidiary of Parent, and C&S Wholesale Grocers, LLC, a Delaware limited liability company (“Guarantor” or “C&S”), pursuant to which, upon the terms and subject to the conditions set forth therein, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a wholly-owned subsidiary of Parent.
As a result of the Merger, each share of common stock of the Company, no par value (“Common Stock”), outstanding immediately prior to the effective time of the Merger (the “Effective Time”) (other than shares of Common Stock held by Parent or Merger Sub immediately prior to the Effective Time) will, at the Effective Time, automatically be converted into the right to receive $26.90 in cash, without interest (the “Merger Consideration”). The material terms of the Merger Agreement, including the conditions of the proposed Merger will be described in a subsequent filing on Form 8-K.
A copy of the press release is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Additional Information and Where to Find It
A meeting of shareholders of SpartanNash will be announced as promptly as practicable to seek SpartanNash shareholder approval in connection with the Transaction. SpartanNash intends to file a preliminary and definitive proxy statement, as well as other relevant materials, with the SEC relating to the Transaction. Following the filing of the definitive proxy statement with the SEC, SpartanNash will mail the definitive proxy statement and a proxy card to each shareholder entitled to vote at the special meeting relating to the Transaction. This communication is not intended to be, and is not, a substitute for the proxy statement or any other document that SpartanNash expects to file with the SEC in connection with the Transaction. SPARTANNASH URGES INVESTORS TO READ THE PRELIMINARY AND DEFINITIVE PROXY STATEMENTS AND THESE OTHER MATERIALS FILED WITH THE SEC OR INCORPORATED BY REFERENCE INTO THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT SPARTANNASH AND THE TRANSACTION. Any vote in respect of resolutions to be proposed at SpartanNash’s shareholder meeting to approve the Transaction or other responses in relation to the Transaction should be made only on the basis of the information contained in the proxy statement. Investors will be able to obtain free copies of the proxy statement (when available) and other documents that will be filed by SpartanNash with the SEC at www.sec.gov, the SEC’s website, or from SpartanNash’s website at https://www.spartannash.com/. In addition, the proxy statement and other documents filed by SpartanNash with the SEC (when available) may be obtained from SpartanNash free of charge by directing a request to Investor Relations at https://corporate.spartannash.com/investor-relations.
This communication is for information purposes only and is not intended to and does not constitute, or form part of, an offer, invitation or the solicitation of an offer or invitation to purchase, otherwise acquire, subscribe for, sell or otherwise dispose of any securities, or the solicitation of any vote or approval in any jurisdiction, pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act.
SpartanNash, its directors and certain of its officers and employees, may be deemed to be participants in the solicitation of proxies from SpartanNash shareholders in connection with the Transaction. Information about SpartanNash’s directors and executive officers is set forth under the captions “Proposal 1–Election of Directors,” “Board of Directors,” “Ownership of SpartanNash Stock,” “SpartanNash’s Executive Officers,” “Executive Compensation” and “Compensation of Directors” sections of the definitive proxy statement for SpartanNash’s annual meeting of shareholders, filed with the SEC on April 1, 2025. Additional information regarding ownership of SpartanNash’s securities by its directors and executive officers is included in such persons’ SEC filings on Forms 3 and 4. These documents may be obtained free of charge at the SEC’s web site at www.sec.gov and on the Investor Relations page of SpartanNash’s website located at https://corporate.spartannash.com/investor-relations. Additional information regarding the interests of participants in the solicitation of proxies in connection with the Transaction will be included in the proxy statement that SpartanNash expects to file in connection with the Transaction and other relevant materials SpartanNash may file with the SEC.
Cautions Regarding Forward Looking Statements
The matters discussed in this communication and in any related oral statements include “forward-looking statements” within the meaning of Section 27A of the Securities Act, and Section 21E of the Exchange Act, including statements regarding the proposed acquisition (the “Transaction”) of SpartanNash by C&S, shareholder and regulatory approvals, the expected timetable for completing the Transaction, expected benefits of the Transaction and any other statements regarding the future plans, strategies, objectives, goals or expectations of the combined company. These forward-looking statements may be identifiable by words or phrases indicating that SpartanNash and/or C&S “expects,” “projects,” “anticipates,” “plans,” “believes,” “intends,” or “estimates,” or that a particular occurrence or event “may,” “could,” “should,” “will” or “will likely” result, occur or be pursued or “continue” in the future, that the “outlook,” “trend,” “guidance” or “target” is toward a particular result or occurrence, that a development is an “opportunity,” “priority,” “strategy,” “focus,” that the combined company is “positioned” for a particular result, or similarly stated expectations. Undue reliance should not be placed on these forward-looking statements, which speak only as of the date made. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which, with respect to future business decisions, are subject to change. These uncertainties and contingencies may affect actual results and could cause actual results to differ materially. These risks and uncertainties include the failure to obtain the required vote of SpartanNash’s shareholders in connection with the Transaction; the timing to consummate the Transaction and the risk that the Transaction may not be completed at all or the occurrence of any event, change, or other circumstances that could give rise to the termination of the merger agreement, including circumstances requiring a party to pay the other party a termination fee pursuant to the merger agreement; the risk that the conditions to closing of the Transaction may not be satisfied or waived; the risk that a governmental or regulatory approval that may be required for the Transaction is not obtained or is obtained subject to conditions that are not anticipated; potential litigation relating to, or other unexpected costs resulting from, the Transaction; legislative, regulatory, and economic developments; risks that the proposed transaction disrupts SpartanNash’s current plans and operations including the continued payment of quarterly dividends; the risk that certain restrictions during the pendency of the Transaction may impact SpartanNash’s ability to pursue certain business opportunities or strategic transactions; the diversion of management’s time on Transaction-related issues; continued availability of capital and financing and rating agency actions; the risk that any announcements relating to the Transaction could have adverse effects on the market price of SpartanNash’s common stock, credit ratings or operating results; and the risk that the Transaction and its announcement could have an adverse effect on the ability to retain and hire key personnel, to retain customers and to maintain relationships with business partners, suppliers and customers. SpartanNash and C&S can give no assurance that the conditions to the Transaction will be satisfied, or that it will close within the anticipated time period.
| Item 9.01. | Financial Statements and Exhibits. |
(d) Exhibits.
The following material is attached as exhibits to this Current Report on Form 8-K:
| Exhibit | ||
| Number | Description | |
| 99.1 | Press Release | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 23, 2025 | SpartanNash Company | |
| By: | /s/ Ileana McAlary | |
| Ileana McAlary | ||
| Executive Vice President, Chief Legal Officer and Corporate Secretary | ||
FAQ
What transaction did SpartanNash (SPTN) announce in its June 22 2025 8-K?
How much will SpartanNash shareholders receive per share?
Who is the acquirer of SpartanNash?
What approvals are required before the merger can close?
Where can investors access the proxy statement and related materials?
Which exhibit accompanies this 8-K filing?
