M&A - MERIT MEDICAL SYSTEMS INC

Form Type: 8-K

Filing Date: 2025-05-20

Corporate Action: Merger

Type: New

Accession Number: 000085698225000035

Filing Summary: On May 16, 2025, Merit Medical Systems, Inc. entered into an Agreement and Plan of Merger with Biolife, L.L.C. and its subsidiary, where a merger will occur on May 20, 2025. Biolife will become a wholly-owned subsidiary of Merit for a purchase price of $120 million, financed with cash on hand. The Purchase Agreement includes customary representations, warranties, and indemnification provisions, insured through a buyer-side representation and warranty insurance policy. A press release was issued on May 20, 2025, updating the fiscal year guidance in light of the acquisition, alongside a cautionary note about forward-looking statements and risks associated with the merger.