Company: SVV
Filing Date: 2025-05-16
Form Type: 8-K
Source: 0000950142-25-001412
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Company: Savers Value Village, Inc.
Filing Date: 2025-05-16
Form: 8-K
Item: Item 8.01
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Item 8.01      Other Events.  

On May 14, 2025, Savers Value Village, Inc.
(the “ Company”), certain funds, investment vehicles or accounts managed or advised by Ares Management LLC or its affiliates
(the “ Ares Selling Stockholders”) and the chief executive officer of the Company (the “ Management Selling Stockholder”
and, together with the Ares Selling Stockholders, the “ Selling Stockholders”) entered into an Underwriting Agreement (the
“ Underwriting Agreement”) with J. P. Morgan Securities LLC, Jefferies LLC, Goldman Sachs & Co. LLC and UBS Securities LLC,
as representatives of the several underwriters named in Schedule 1 thereto (collectively, the “ Underwriters”), for the sale
of 15,000,000 shares of common stock, par value $0.000001, of the Company (the “ Common Stock”), at a price to the public of
$9.25 per share (the “ Offering”). The Offering was completed on May 16, 2025. The Company did not receive any proceeds from
the sale of shares of Common Stock by the Selling Stockholders in the Offering.

Also pursuant to the Underwriting Agreement,
the Company purchased from the Underwriters 2,258,132 shares of Common Stock sold by the Selling Stockholders in the Offering, at a purchase
price equal to the price at which the Underwriters purchased the shares of Common Stock from the Selling Stockholders (the “ Concurrent
Share Repurchase”). The Company used existing cash on hand to fund the Concurrent Share Repurchase.

The Offering was made pursuant to a shelf registration
statement on Form S-3 (File No. 333-287208) filed with the Securities and Exchange Commission (the “ SEC”) and which
became effective on May 14, 2025 (the “ Registration Statement”), a prospectus, dated May 13, 2025 included as part of the
Registration Statement and a prospectus supplement, dated May 14, 2025 and filed with the SEC on May 16, 2025. The foregoing description
of the terms in the Underwriting Agreement is qualified in its entirety by reference to the Underwriting Agreement, which is attached
hereto as Exhibit 1.1 and incorporated herein by reference.