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AI brief of an SEC Form 8-K · Enviri Corp (NVRI)

Enviri completes spin-off; New Enviri to trade as NVRI on June 2, 2026

Neutral Impact 4 of 5 restructuring Written later

Enviri completed the spin-off of its Harsco Environmental and Harsco Rail businesses as New Enviri before the NYSE opened on June 1, 2026, and the company will trade regular way as Enviri Corporation under NVRI on June 2. New Enviri took on a $370.7 million term loan and a $152.0 million revolving credit facility that was undrawn after the merger, and the filing states projected 2026 pro forma revenue of about $1.2 billion and Adjusted EBITDA of about $140 million. Shareholders received one New Enviri share for every three Enviri shares, along with $15.00 per share in cash tied to the Clean Earth sale.

Key points

  • Shareholders received one New Enviri common share for every three Enviri shares, plus $15.00 per share in cash tied to the Clean Earth sale to Veolia
  • New Enviri had $370.7 million of term loan principal outstanding and no revolver borrowings after the merger; the term loan matures March 10, 2028 and the revolver September 5, 2029, subject to a springing maturity
  • Filing states projected 2026 pro forma revenue of about $1.2 billion and Adjusted EBITDA of about $140 million
  • Russell Hochman is President and CEO; directors and executive officers signed indemnification agreements on June 1, 2026

The filing

CompanyEnviri Corp (NVRI)
Form8-K, current report
Filed with the SECJun 1, 2026, 5:18 PM ET
Accession number0001193125-26-251752

Items reported: 1.01 Material Definitive Agreement2.03 New Direct Financial Obligation3.03 Change to Shareholder Rights5.01 Change in Control5.02 Director / Officer Change5.03 Bylaw / Charter Amendment5.05 Code of Ethics Change7.01 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 June 01, 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.