Business Context and Reporting Period
This Form 8-K was filed by Custom Truck One Source, Inc. (formerly Nesco Holdings, Inc.) on November 15, 2021. The filing addresses the Company's acquisition of 100% of the partnership interests of Custom Truck One Source, L.P., which was completed on April 1, 2021.
Key Financial Metrics
The filing does not provide specific numerical values for revenue, profit, cash flow, margins, debt, or liquidity. Instead, it references the inclusion of unaudited pro forma condensed combined financial information as an exhibit.
- Reporting Period for Pro Forma Data: Nine months ended September 30, 2021.
- Document Type: Unaudited pro forma condensed combined statement of operations.
Material Changes
The primary material change reported is the completion of the acquisition of Custom Truck One Source, L.P. on April 1, 2021. The pro forma financial information provided in the filing gives effect to this transaction, reflecting the combined entity's operations for the nine-month period ended September 30, 2021.
Guidance, Outlook, and Risks
The filing text does not contain management commentary, forward-looking guidance, specific risk factors, or details regarding contingencies and unusual items. The document serves strictly to disclose the availability of the pro forma financial statements related to the acquisition.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific unaudited pro forma condensed combined statement of operations for the nine months ended September 30, 2021.
- Verify the notes to the unaudited pro forma condensed combined financial information to understand the adjustments made for the acquisition.
- Confirm the trading symbols (CTOS for Common Stock, CTOS.WS for Redeemable Warrants) on the New York Stock Exchange.