Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Fox Factory (FOXF)

Fox Factory sells Marucci baseball bat unit to investor group for $225 million enterprise value

Mixed Impact 4 of 5 m&a Written later

Fox Factory Holding Corp. completed the sale of Wheelhouse Holdings, parent of baseball bat maker Marucci Sports, to Squared Up Holdings, an investor group led by Marucci senior management, on September 25, 2026. The Company received $200 million in cash, which it used to reduce borrowings under its credit facility, plus a $25 million subordinated note due December 31, 2026. The unaudited pro forma financial information filed with the 8-K shows a $120.1 million loss on the disposal, which weighs on shareholders even as it reduces debt.

Key points

  • Enterprise value of $225 million, paid as $200 million in cash and a $25 million subordinated convertible note
  • Note matures December 31, 2026; if unpaid, principal increases by $2.5 million and interest rises to 10% per year
  • Pro forma loss on disposal of $120.1 million and approximately $7.5 million in transaction costs
  • Pro forma six-month net sales fell to $647.6 million from $726.8 million historical

The filing

CompanyFox Factory (FOXF)
Form8-K, current report
Filed with the SECSep 29, 2026, 4:07 PM ET
Accession number0001424929-26-000057

Items reported: 1.01 Material Definitive Agreement2.01 Acquisition or Disposition Completed

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 2:07 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 September 29, 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.