M&A - Argos SEM, LLC

Form Type: SCHEDULE 13D/A

Filing Date: 2025-02-10

Corporate Action: Merger

Type: Update

Accession Number: 000095017025017408

Filing Summary: On February 10, 2025, a merger agreement resulted in the merger of Soar Subsidiary, Inc. with Summit Materials, Inc., making the latter a wholly owned subsidiary of Quikrete Holdings, Inc. As a result of the merger, all outstanding shares of Class A Common Stock were canceled and converted into cash at a rate of $52.50 per share. Additionally, any preferred stock held was canceled for no consideration. Consequently, the Reporting Persons, including Argos SEM, no longer beneficially own any shares of Class A Common Stock, and all ceased to hold more than five percent ownership in it.