Company: CODI-PB
Filing Date: 2025-12-08
Form Type: 10-K/A
Source: 0001345126-25-000078
Chunk: 298

Company: Compass Diversified Holdings
Filing Date: 2025-12-08
Form: 10-K/A
Chunk 298
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-counter market, in privately negotiated transactions, in transactions that are deemed to be “at the market offerings” as defined in Rule 415 under the Securities Act or through a combination of any such methods of sale. The Amended Preferred Sales Agreement amended and restated in its entirety the At Market Issuance Sales Agreement (collectively with the Amended Preferred Sales Agreement, the “Preferred Sales Agreement”), dated March 20, 2024, between the Company and B. Riley Securities, which provided for the offer and sale of Trust preferred shares up to $ 100million under the terms substantially same as those under the Amended Preferred Sales Agreement.

The following table reflects the activity in the preferred share ATM program during the year ended December 31, 2024 (in thousands, except share data) :

|                           |     | Twelve Months Ended December 31, 2024 |           |     |              |         |     |                  |       |
|:--------------------------|:----|:--------------------------------------|----------:|:----|:-------------|--------:|:----|:-----------------|------:|
|                           |     | Number of Shares Sold                 |           |     | Net Proceeds |         |     | Commissions Paid |       |
| Series A Preferred Shares |     |                                       |   550,736 |     | $            |  12,832 |     | $                |   264 |
| Series B Preferred Shares |     |                                       | 2,192,267 |     |              |  51,481 |     |                  | 1,062 |
| Series C Preferred Shares |     |                                       | 2,154,081 |     |              |  50,821 |     |                  | 1,074 |
| Total                     |     |                                       | 4,897,084 |     | $            | 115,134 |     | $                | 2,400 |

The Company incurred approximately $ 0.3million in total costs related to the preferred share ATM program during the year ended December 31, 2024.

Please see " Note T – Subsequent Events ” for additional information concerning the Amended Preferred Sales Agreement.

Series C Preferred Shares

On November 20, 2019, the Trust issued 4,000,000 7.875% Series C Preferred Shares (the "Series C Preferred Shares") with a liquidation preference of $ 25.00per share, and on December 2,