Superior Industries International INC 8-K filings

Superior Industries International, Inc. announced the successful closing of its acquisition by a group of term loan investors, significantly restructuring its debt and leadership.

Superior Industries International, Inc. stockholders approved the merger agreement and merger-related executive compensation at a special meeting held on September 15, 2025.

Superior Industries International delists from NYSE, moves to OTC Pink Market, and announces leadership changes.

Superior Industries International, Inc. has delisted from the NYSE, began trading on the OTC Pink Market, and sold 7.6 million common shares to SUP Parent Holdings, LLC for $0.09 per share.

Superior Industries International, Inc. announced its common stock delisted from the NYSE and began trading on the OTC Pink Market, alongside the appointment of Shane Giebel as Interim Chief Financial Officer.

Superior Industries International, Inc. announced the resignation of its Chief Financial Officer, Dan Lee, effective July 25, 2025, following the recent delisting of its common stock from the NYSE and its transition to the OTC Pink Market.

Superior Industries International, Inc. has entered into definitive agreements for a comprehensive recapitalization and merger, significantly reducing its funded debt by nearly 90% and transitioning to private ownership, backed by its term loan investors.

Superior Industries International, Inc. announced it will be acquired by a group of its term loan investors, including Oaktree Capital Management, in a transaction that will convert approximately $550 million of debt into equity and reduce total funded debt by nearly 90%.

Superior Industries International, Inc. announced its common stock will be delisted from the New York Stock Exchange and will begin trading on the Pink Open Market due to failing to meet the NYSE's minimum market capitalization requirement.

Superior Industries International, Inc. has received a notice from the New York Stock Exchange regarding non-compliance with its minimum share price requirement, triggering a six-month cure period.

Superior Industries International, Inc. has entered into an amendment to its credit agreements, securing an incremental $70 million delayed draw term loan facility and obtaining waivers for certain financial covenants, while facing stringent new reporting and operational restrictions.

Superior Industries International, Inc. has received a notice from the NYSE regarding non-compliance with continued listing standards, citing a market capitalization below $50 million and a significant stockholders' deficit.

Superior Industries International, Inc. has expanded its Board of Directors to nine members and appointed Keshav Lall, a seasoned financial advisory and restructuring expert, as an independent director, effective May 28, 2025.

Superior Industries International stockholders approved an amendment to the 2018 Equity Incentive Plan, increasing the number of shares authorized for issuance by 1,700,000, and elected eight directors at the annual meeting held on May 21, 2025.

Superior Industries withdraws its fiscal year guidance and seeks financial relief after a major customer loss exacerbates macroeconomic challenges.

Superior Industries International, Inc. amended its existing term loan agreement to increase the liquidity threshold and include factoring assets in liquidity calculations.

Superior Industries reports its full year and fourth quarter 2024 financial results, highlighting critical transformation milestones and positioning for future growth.

Superior Industries International awards a $1 million retention bonus to its COO and enhances the CEO's severance package following a change in control.

Superior Industries announced its third quarter 2024 financial results, highlighting a successful debt refinancing but also a net loss and a revised full-year outlook due to softened customer production.

Superior Industries International, Inc. has announced the retirement of its CFO, C. Timothy Trenary, and the appointment of Dan Lee as his successor, effective October 1, 2024.

Superior Industries has refinanced its existing debt, extending maturities to December 2028 and reducing total debt to $521 million.

Superior Industries has refinanced its existing debt, extending maturities to December 2028 and enhancing financial flexibility.

Superior Industries reported a net loss of $11 million for the second quarter of 2024, despite a sequential improvement in adjusted EBITDA margin, as the company continues its European transformation.

Superior Industries International, Inc. has appointed Michael Guo to its Board of Directors, effective July 1, 2024, increasing the board size from seven to eight members.

Superior Industries International, Inc. has appointed Stacie Schulz as its new Vice President, Controller and Chief Accounting Officer, effective May 28, 2024.

Superior Industries International held its annual meeting on May 22, 2024, electing directors and approving executive compensation and auditor ratification proposals.

Superior Industries reported a net loss of $33 million in Q1 2024, despite progress in its European restructuring efforts and exiting a high-cost German facility.

Ransom A. Langford has resigned from Superior Industries' Board of Directors, leading to a reduction in board size from eight to seven.

Superior Industries International, Inc. has appointed Michael Dorah as its Executive Vice President and Chief Operating Officer, effective March 5, 2024.

Superior Industries faced a challenging 2023, marked by a 16% decrease in net sales, but is focused on strategic initiatives to drive future growth and profitability.