Company: PRMB
Filing Date: 2025-05-12
Form Type: 8-K
Source: 0001193125-25-117765
Chunk: 0

Company: Primo Brands Corp
Filing Date: 2025-05-12
Form: 8-K
Item: Item 1.01
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Item 1.01.      Entry into a Material Definitive Agreement.  

Stock Purchase Agreement

On May 7, 2025, Primo Brands Corporation (the “ Company”) entered into a stock purchase agreement (the “ Stock Purchase Agreement”) with two of its stockholders (the “ Selling Stockholders”), which are affiliates of One Rock Capital Partners. Pursuant to the Stock Purchase Agreement, the Company agreed to repurchase 3,157,562 shares of its Class A common stock, par value $0.01 per share (the “ Class A Common Stock”), from the Selling Stockholders at a price per share equal to the price paid by the underwriters in the Offering (as defined below) (the “ Share Repurchase”). The Share Repurchase closed concurrently with the Offering on May 12, 2025. The repurchased shares of Class A Common Stock are no longer outstanding.

The foregoing description of the Stock Purchase Agreement is not complete and is qualified in its entirety by reference to the full text of the Stock Purchase Agreement, a copy of which is filed as Exhibit 10.1 to this Current Report on Form8-K(this “ Current Report”) and is incorporated herein by reference.

Underwriting Agreement

On May 8, 2025, the Company entered into an underwriting agreement (the “ Underwriting Agreement”) with the Selling Stockholders and BofA Securities, Inc. and Morgan Stanley & Co. LLC, as underwriters (the “ Underwriters”), in connection with the underwritten secondary offering by the Selling Stockholders of 47,500,000 shares of Class A Common Stock, resulting in total gross proceeds to the Selling Stockholders of approximately $1.5 billion (the “ Offering”). The Offering closed on May 12, 2025. The Selling Stockholders received all of the proceeds from the Offering. No shares were sold by the Company.

The Offering was made pursuant to a prospectus supplement, dated May 8, 2025, to the prospectus, dated March 7, 2025, which was included in the Company’s shelf registration statement on FormS-1(FileNo. 333-284501)initially filed with the Securities and Exchange Commission on January 27, 2025, and which became effective on March 7, 2025.