Embecta Corp. 8K

Embecta Corporation filed audited 2025 UK GAAP special‑purpose financial statements of its newly acquired subsidiary Owen Mumford Holdings Limited, with a qualified EY opinion for lack of comparatives and a reconciliation to U.S. GAAP, to comply with SEC Rule 3‑05 following Embecta’s May 15, 2026 acquisition of the company.

The Form 8‑K includes audited consolidated financial statements of Owen Mumford Holdings Limited for the year ended September 30, 2025, prepared under UK GAAP solely to satisfy Embecta Corporation’s SEC reporting obligations under Rule 3‑05 of Regulation S‑X in connection with Embecta’s acquisition of Owen Mumford effective May 15, 2026. Ernst & Young LLP issued a qualified opinion because the special‑purpose UK GAAP financial statements omit comparative prior‑year information otherwise required under FRS 102, but emphasized that the basis of accounting (UK GAAP with a reconciliation to U.S. GAAP) differs from U.S. GAAP. The statements show turnover of £68.6 million, profit for the year of £1.68 million and total comprehensive income of £1.32 million, net assets of £102.7 million, and cash and cash equivalents of £29.6 million, along with disclosure of an impairment of intangible assets, full impairment of unlisted investments, capital commitments, lease obligations, pension contributions, and a reconciliation of net income and equity from UK GAAP to U.S. GAAP. The report also notes that Owen Mumford had no ultimate controlling party at September 30, 2025, but subsequently became a wholly owned subsidiary of Embecta on May 15, 2026, and that the financial statements were authorized for issue on July 31, 2026.

Filing Facts

CIK

1872789

Ticker

-

Form

8K

Source Type

sec

Accession

0001872789-26-000026

Alert Tier

7