M&A: NU SKIN ENTERPRISES, INC.

Form Type: 8-K

Filing Date: 2025-01-03

Corporate Action: Acquisition

Type: New

Accession Number: 000114036125000113

Comments: On January 2, 2025, Nu Skin Enterprises, Inc. announced the closing of its acquisition of Mavely LLC through a Unit Purchase Agreement with Clout.io Holdings, Inc. The total purchase price for the equity acquisition was $230 million in cash along with $20 million worth of shares from the Purchaser's common stock. Following the closing and certain adjustments, Nu Skin expects to retain approximately $207 million in cash and $10 million in stock. The transaction is set to enhance Nu Skin's affiliate marketing capabilities through Mavely's technology and social commerce solutions, while also incorporating standard representations, warranties, and post-closing indemnifications as outlined in the Purchase Agreement. A follow-up press release regarding the acquisition was issued on January 3, 2025, along with pro forma financial information attached as exhibits to the report.

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