Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 90

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 90
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 followed immediately by an amalgamation of Primo Water and Amalgamation Sub, with the resulting
amalgamated entity, named “Primo Water Corporation,” becoming a wholly-owned subsidiary of the Company; (ii) immediately following completion of the Arrangement, Merger Sub merged with and into BlueTriton, with BlueTriton surviving
the Merger as a wholly-owned subsidiary of the Company; (iii) immediately following the Merger, and as part of one integrated transaction with the Merger, BlueTriton completed the Subsequent Merger

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and, as the surviving company in the Merger, merged with and into the Company, with the Company being the surviving corporation in the Subsequent Merger; (iii) in connection with the Subsequent Merger, each BlueTriton Share issued and outstanding immediately prior to the Merger (other than shares cancelled in accordance with the Arrangement Agreement) were converted into a number of shares of Class A common stock or Class B common stock such that shareholders of BlueTriton hold shares of Class A common stock and Class B common stock representing approximately 57% of the Fully Diluted Shares; and (iv) as a result of the Transaction, Primo Water and Triton Water Intermediate, Inc., a wholly-owned subsidiary of BlueTriton, became wholly-owned subsidiaries of the Company. In connection with the Transaction, the Company’s Class A common stock was listed on the NYSE and now trades under the symbol “PRMB.” For a description of our common stock, see “Description of Capital Stock.” The historical results of operations discussed in this section are those of BlueTriton prior to the completion of the Transaction and do not reflect certain items that are expected to affect BlueTriton’s results of operations and financial condition after giving effect to the Transaction. The Transaction was accounted for as a business combination in accordance with GAAP, with BlueTriton treated as the accounting acquirer for financial reporting purposes. The Refinancing Transactions On January 27, 2025, the Company commenced separate private offers to exchange (collectively, the “Offers”) the three series of outstanding senior notes issued by either Primo Water Holdings Inc., an indirect, wholly owned subsidiary of the Company, or Triton Water Holdings (together with Primo Water Holdings Inc., the “Issuers”), for three new series of senior notes to be co-issued by the Issuers and cash. The Offers consist of the following:

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