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8-KThe WireRoutine

Company Update

Filed Mar 1, 2021 · 5y ago · Accession 0001564590-21-009668

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): March 1, 2021   SKYLINE CHAMPION CORPORATION (Exact name of Registrant as Specified in Its Charter)     Indiana 001-04714 35-1038277 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)       755 West Big Beaver Road , Suite 1000 Troy , MI   48084 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code: ( 248 ) 614-8211 Not Applicable (Former Name or Former Address, if Changed Since Last Report)   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 (see General Instructions A.2. below):   ☐ 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:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock   SKY   New York Stock Exchange 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 March 1, 2021, Skyline Champion Corporation issued a press release relating to the acquisition of ScotBilt Homes, LLC from SHI Group Holdings, Inc. and related companies (collectively, “ScotBilt Homes”) for approximately $53 million.  The purchase price assumes a cash free, debt-free balance sheet and is subject to a net working capital adjustment.  The purchase was funded using Skyline Champion’s cash reserves.  In calendar 2020, ScotBilt Homes shipped over 1,600 homes for revenue of approximately $79 million. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The press release, and the information set forth therein, is being furnished pursuant to Item 8.01 of this Current Report and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that Section. Nor shall such document be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, regardless of any general incorporation language in the filing unless specifically stated so therein.   Item 9.01. Financial Statements and Exhibits. (d) Exhibits.               99.1    Press Release issued by Skyline Champion Corporation on March 1, 2021 .             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.                         Skyline Champion Corporation                 By:   /s/ Robert Spence             Robert Spence             Senior Vice President, General Counsel and Secretary Date: March 1, 2021
Filing details
Ticker
SKY
CIK
90896
Form type
8-K
Filing date
Mar 1, 2021
Report date
Mar 1, 2021
Document
sky-8k_20210301.htm
Size
239 KB