Company: KVHI
Filing Date: 2025-10-14
Form Type: 8-K
Source: 0001007587-25-000018
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Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-10-14
Form: 8-K
Item: Item 8.01
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Item 8.01 Other Events

On October 8, 2025, KVH Industries, Inc. (the "Company") acquired certain customer, and vendor agreements and other assets from a satellite services provider operating in the Asia-Pacific region for a purchase price of approximately $3.1 million. The Company also paid approximately $0.6 million for certain satellite communications equipment related inventory.

The acquisition is expected to expand the Company's maritime satellite communications distribution capabilities and customer base in the Asia-Pacific market. The acquisition is also expected to contribute incremental gross margin and be accretive to the Company's earnings.

In connection with the acquisition, the Company’s subsidiary has made offers of employment to ten employees of the seller. The Company has also entered into transition arrangements with the seller to facilitate the orderly transfer of acquired assets. The transfer of certain agreements requires the consent of the counterparty. The Company expects that, if consent is not obtained, the Company and the seller will fulfill those agreements through subcontracting arrangements, where permitted. The agreements remain terminable in accordance with their terms, and the unanticipated termination of any of the agreements may prevent the Company from realizing some or all of the anticipated benefits of the acquisition.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

                              KVH INDUSTRIES, INC.                               
  Date: October 14, 2025      By:                       /s/ Anthony F. Pike      
                                                        Anthony F. Pike          
                                                        Chief Financial Officer