Company: SSUP
Filing Date: 2025-07-30
Form Type: PREM14A
Source: 0001140361-25-027895
Chunk: 71

Company: SUPERIOR INDUSTRIES INTERNATIONAL INC
Filing Date: 2025-07-30
Form: PREM14A
Chunk 71
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 effective September 30, 2024. |

| (6) | Mr. Giebel was appointed as Interim Chief Financial Officer effective July 16, 2025. |

Certain Effects of the Merger Following the Merger, all of the Company’s equity interests will be legally and beneficially owned by Parent, and none of the current holders of Common Shares will, by virtue of the Merger, have any ownership interest in, or be a stockholder of, the Surviving Corporation or Parent after the completion of the Merger. As a result, the current holders of Common Shares will no longer benefit from any increase in the value, nor will they bear the risk of any decrease in the value, of the Common Shares. Following the Merger, Parent, the holder of the Series A Preferred Shares who will receive, in the aggregate, 3.5% of Parent’s common equity, without taking into account dilution from equity or equity equivalents issued under a management incentive plan, in connection with the Merger, and the other equity holders of Parent will benefit from any increase in the Company’s enterprise value and also will bear the risk of any decrease in the Company’s enterprise value. For information regarding the effects of the Merger on the Company’s outstanding equity awards, see the sections entitled “ The Merger - Interests of Directors and Executive Officers in the Merger,” beginning on page 34, and “ The Merger Agreement - Treatment of Outstanding Equity Awards,” beginning on page 46. The Common Shares are currently registered under the Exchange Act and trade on the OTC Pink Market under the symbol “SSUP.” Following the completion of the Merger, the Common Shares will no longer be traded on the OTC Pink Market or any other public market. In addition, the registration of the Common Shares under the Exchange Act will be terminated, and the Company will no longer be required to file periodic and other reports with the SEC with respect to such Shares. Termination of registration of the Common Shares under the Exchange Act will reduce the information required to be furnished by the Company to the Company’s stockholders and the SEC, and would make certain provisions of the Exchange Act, such as the requirement to file annual and quarterly reports pursuant to Section 13(a) or 15(d) of the Exchange Act, the short-swing trading provisions of Section 16(b) of the Exchange Act and the requirement to furnish a proxy statement in connection with stockholders’ meetings pursuant to Section 14(a) of the Exchange Act,