Odp CORP
Market Movers (8-K)
ODP
Odp CORPThe ODP Corporation has completed its acquisition by Atlas Holdings for $28 per share in cash, delisting from NASDAQ and appointing a new CEO.
Capital raise
ODP
Odp CORPThe ODP Corporation's stockholders have approved the merger agreement with ACR Ocean Resources LLC, paving the way for the transaction to close on December 10, 2025.
ODP
Odp CORPThe ODP Corporation filed supplemental disclosures to its merger proxy statement to address shareholder lawsuits and facilitate the upcoming vote on its acquisition by Atlas Holdings LLC affiliates.
ODP
Odp CORPThe ODP Corporation announced the expiration of the Hart-Scott-Rodino antitrust waiting period for its merger with ACR Ocean Resources LLC, a key step towards closing the transaction.
ODP
Odp CORPThe ODP Corporation reported a 9% decline in third-quarter sales to $1.6 billion, but saw adjusted diluted EPS increase by 61% to $1.14, as it progresses towards a year-end merger with Atlas Holdings.
ODP
Odp CORPThe ODP Corporation has agreed to be acquired by ACR Ocean Resources LLC for $28.00 per share in an all-cash transaction, unanimously approved by ODP's Board.
Better than expected
Delay expected
Capital raise
Quarterly Earnings (10-Q)
ODP
Odp CORPThe ODP Corporation reported significant declines in Q3 and year-to-date sales and earnings, while progressing with its acquisition by Atlas Holdings and a major B2B-focused restructuring plan.
Worse than expected
ODP
Odp CORPThe ODP Corporation reported a significant reduction in net losses for Q2 and H1 2025, driven by the divestiture of discontinued operations and ongoing strategic restructuring, despite a decline in consolidated sales.
ODP
Odp CORPODP Corporation reports a net loss for Q1 2025, impacted by declining sales and restructuring expenses, as it focuses on its B2B strategy.
Worse than expected
ODP
Odp CORPODP Corporation's third-quarter 2024 results show a decline in sales across its divisions, alongside ongoing restructuring efforts and the sale of its Varis Division.
Worse than expected
ODP
Odp CORPODP Corporation's second-quarter results show a net loss driven by discontinued operations, despite efforts to optimize its business model.
Worse than expected
ODP
Odp CORPODP Corporation's first quarter 2024 results show a decline in sales and earnings, alongside the announcement of a plan to sell its Varis Division.
Worse than expected
Annual Reports (10-K)
ODP
Odp CORPODP Corporation's 2024 10-K filing reveals a strategic shift towards B2B, restructuring efforts, and financial results impacted by a challenging macroeconomic environment.
Worse than expected
ODP
Odp CORPODP Corporation's 2023 annual report highlights a strategic shift towards B2B solutions, alongside financial results impacted by store closures and economic headwinds.
Delay expected
Worse than expected
Insider Trading (Form 4)
ODP
Odp CORPODP Corp's EVP, Chief HR Officer, Zoe Maloney, disposed of common stock and unvested RSUs at $28 per share following the company's merger with ACR Ocean Resources LLC.
ODP
Odp CORPODP Corp's Co-CFO, Max Hood, reported the sale of common stock and conversion of restricted stock units into cash following the company's merger.
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Odp CORPODP Corp Director Amy L. Schioldager converted 14,693 restricted stock units into cash at $28.00 per share following the company's merger with ACR Ocean Resources LLC.
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Odp CORPODP Corp Director Cynthia T. Jamison disposed of all common stock and restricted stock units following the company's merger into a wholly-owned subsidiary of ACR Ocean Resources LLC at $28 per share.
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Odp CORPODP Corp Director Kristin Ann Campbell converted 49,503 restricted stock units into cash at $28.00 per share following the company's merger with ACR Ocean Resources LLC.
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Odp CORPODP Corp EVP David C. Centrella disposed of all common stock and unvested restricted stock units following the company's merger into a private entity at $28 per share.
Proxy Statements (Def-14A)
ODP
Odp CORPThe ODP Corporation filed supplemental disclosures to its definitive proxy statement in response to shareholder lawsuits alleging misleading information regarding its proposed merger with ACR Ocean Resources LLC.
Worse than expected
ODP
Odp CORPThe ODP Corporation announced strong Q3 2025 earnings results and confirmed its acquisition by Atlas Holdings, LLC is progressing as planned for a year-end close.
Better than expected
ODP
Odp CORPThe ODP Corporation's board unanimously recommends stockholders approve a $28.00 per share all-cash merger with ACR Ocean Resources LLC, representing a 34.5% premium.
Better than expected
Delay expected
Capital raise
ODP
Odp CORPThe ODP Corporation announced its agreement to be acquired by Atlas Holdings for $28 per share in cash, transitioning to a privately held company.
Better than expected
ODP
Odp CORPThe ODP Corporation confirms that 2025 short-term incentive programs for employees will remain unchanged despite the ongoing merger agreement with ACR Ocean Resources LLC.
ODP
Odp CORPThe ODP Corporation outlines the conversion and vesting of employee Long-Term Incentive awards following its announced acquisition by Atlas.
Schedule 13G - Passive Investments
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Odp CORPDimensional Fund Advisors LP has reported a complete divestment of its beneficial ownership in ODP Corp/The, reducing its stake to 0.0% as of December 31, 2025.
Worse than expected
ODP
Odp CORPBarclays PLC has reported a 5.66% beneficial ownership stake in ODP Corp., holding over 1.7 million common shares.
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Odp CORPDimensional Fund Advisors LP disclosed a 6.2% beneficial ownership in ODP Corp/The, holding 1,860,319 shares as an investment adviser for its managed funds.
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Odp CORPLSV Asset Management has reduced its beneficial ownership in ODP Corp to 4.73% of Class A Common Stock, falling below the 5% threshold.
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Odp CORPThe Vanguard Group has filed an amendment to its Schedule 13G, revealing a 6.84% beneficial ownership stake in ODP Corp as of June 30, 2025.
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Odp CORPState Street Corporation has filed a Schedule 13G, reporting a 5% beneficial ownership stake in ODP Corp.'s common stock as of March 31, 2025, held for investment purposes.