Company: PRMB
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-049952
Chunk: 40

Company: Primo Brands Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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 stock ($0.30 per share)———(113.5)—(113.5)September 30, 2025370.6$3.8$5,006.3$(1,844.0)$(6.1)$3,160.0

Common StockAdditional Paid-In CapitalAccumulated DeficitAccumulated Other Comprehensive LossTotal Stockholders' Equity($ and shares in millions)SharesAmountJune 30, 20241.0$—$1,025.1$(1,309.0)$(12.9)$(296.8)Net income———53.3—53.3Other comprehensive income————1.71.7Stock-based compensation——0.3——0.3Dividends to Sponsor Stockholder——————September 30, 20241.0$—$1,025.4$(1,255.7)$(11.2)$(241.5)Common StockAdditional Paid-In CapitalAccumulated DeficitAccumulated Other Comprehensive LossTotal Stockholders' Equity($ and shares in millions)SharesAmountDecember 31, 20231.0$—$1,024.5$(1,014.3)$(7.5)$2.7Net income———141.3—141.3Other comprehensive loss————(3.7)(3.7)Stock-based compensation——0.9——0.9Dividends to Sponsor Stockholder———(382.7)—(382.7)September 30, 20241.0$—$1,025.4$(1,255.7)$(11.2)$(241.5)

The accompanying notes are an integral part of these condensed consolidated financial statements

12

Table of Contents

PRIMO BRANDS CORPORATION

NOTES TO THE CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Unaudited

NOTE 1—DESCRIPTION OF THE BUSINESS 

On November 8, 2024, Primo Brands Corporation ("we", "Primo Brands" or the "Company") consummated the transactions contemplated by the Arrangement Agreement and Plan of Merger, dated as of June 16, 2024, as amended by that certain Amendment No. 1 thereto dated October 1, 2024 (the document, as amended, the “Arrangement Agreement”, and the transactions effecting the Arrangement Agreement, the "Transaction") in which Primo Water