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AI brief of an SEC Form 8-K · AEVEX Corp. (AVEX)

AEVEX to buy BlackSea Technologies for up to $650 million in cash and stock

Mixed Impact 5 of 5 m&a Written later

AEVEX Corp. agreed on August 12, 2026 to acquire Maritime Applied Physics Corporation's parent-held BlackSea Technologies business in a deal with a $600 million enterprise value, plus up to $50 million in contingent consideration. The Company will pay mostly in cash and about 12.7 million newly issued Class A shares, which adds dilution for existing stockholders, and it expects BlackSea to generate $150 million in fiscal 2026 revenue.

Key points

  • Enterprise value of $600 million; up to $650 million including $50 million in performance-based contingent consideration tied to revenue and gross profit targets through December 31, 2027
  • Closing consideration includes about 12,727,273 Class A shares valued at $350 million ($27.50 per share) and cash, funded from cash on hand and existing credit facilities
  • Closing is expected in September 2026, subject to HSR antitrust clearance and NYSE listing approval; no stockholder vote is required
  • Company says BlackSea is expected to generate $150 million in FY 2026 revenue; issued shares are capped at 19.99% of outstanding stock and carry a 180-day transfer restriction

The filing

CompanyAEVEX Corp. (AVEX)
Form8-K, current report
Filed with the SECAug 12, 2026, 4:18 PM ET
Accession number0001193125-26-346904

Items reported: 1.01 Material Definitive Agreement3.02 Unregistered Equity Sale7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:48 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 12, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.