Company: PRMB
Filing Date: 2025-02-07
Form Type: S-1/A
Source: 0001193125-25-022806
Chunk: 273

Company: Primo Brands Corp
Filing Date: 2025-02-07
Form: S-1/A
Chunk 273
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 by a related party. As such, there was no activity to report during the three months ended September 30, 2024, and the Company has a
$2 thousand obligation to a related party.

Net loss is equal to comprehensive loss.

The accompanying financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America
(“U.S. GAAP”), using U.S. dollar as the reporting currency. The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and

F-7

assumptions that affect the reported amounts of assets and liabilities, the reported amounts of revenues and expenses during the reporting period and disclosure of contingent assets and liabilities at the date of the financial statements. Actual results could differ from those estimates. NOTE 3—COMMITMENTS AND CONTINGENCIES The Company may be subject to legal proceedings that arise in the ordinary course of business. NOTE 4—SUBSEQUENT EVENTS Mergers and Closing On November 8, 2024, the Merger contemplated by the Arrangement Agreement was completed. See Note 1 Description of the Business for further details. The Merger is being accounted for as a business combination in accordance with U.S. GAAP, with BlueTriton as accounting acquirer. The fair value of the consideration, or the purchase price, is approximately $3,949.5 million. The estimated fair value of the 160,395,822 shares of Class A common stock of Primo Brands issued to former Primo Water stockholders, including replacement share-based payment awards, at $24.21 per share was based on the quoted market price of Primo Water common shares as of close on November 8, 2024. Primo Brands has allocated the purchase price to the identifiable tangible and intangible assets acquired and liabilities assumed based on their respective fair values, with any excess purchase price allocated to goodwill. The purchase price allocation below has been developed based on preliminary estimates of fair value using the historical carrying values of Primo Water as of November 8, 2024, other than a preliminary estimate for intangible assets. The allocation of the purchase price is subject to final management analysis, with the assistance of third-party valuation advisers. The actual amounts recorded when the final allocations are complete may differ materially from the amounts presented below ($ in millions):

|                                             |     | November 8, 2024 |          |   |
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