BROADWIND, INC. 8K

Broadwind, Inc. sold certain Manitowoc, Wisconsin fabrication assets for $13.5 million in cash, repaid a portion of its senior secured term loan, and recorded an estimated $8.2 million pre-tax gain, as reflected in accompanying unaudited pro forma financials.

Broadwind, Inc., through its wholly owned subsidiary Broadwind Heavy Fabrications Inc., completed the sale of certain assets associated with its Manitowoc, Wisconsin operations to Wisconsin Heavy Fabrication, LLC under a definitive Asset Purchase Agreement entered into on June 4, 2025 and closed on September 8, 2025, for $13.5 million in cash before expenses and customary adjustments; the Manitowoc assets, historically part of the Heavy Fabrications segment and not treated as a discontinued operation, were removed from the balance sheet, with proceeds used in part to repay senior secured debt, resulting in higher cash, reduced inventory and debt, and an estimated pre-tax gain of approximately $8.2 million reflected in unaudited pro forma condensed consolidated financial statements prepared under Article 11 of Regulation S-X for the year ended December 31, 2024 and the six months ended June 30, 2025.

Filing Facts

CIK

1120370

Ticker

-

Form

8K

Source Type

sec

Accession

0001437749-26-028689

Alert Tier

6