OneWater Marine Inc. — Form 8-K Summary
Business Context and Reporting Date
OneWater Marine Inc. filed this Current Report on June 17, 2021 under Item 7.01, Regulation FD Disclosure. The filing reports a board-approved special dividend and a corresponding distribution by OneWater Marine Holdings, LLC. It does not provide quarterly or annual operating results.
Key Financial Information
| Item | Details |
|---|---|
| Special dividend | $1.80 per share of Class A common stock |
| Record date | Close of business on June 28, 2021 |
| Payment date | July 19, 2021 |
| OneWater LLC distribution | $1.80 in cash per OneWater LLC unit |
| Financial performance | The filing does not provide revenue, profit, cash flow, margin, debt, liquidity, or other operating metrics. |
Material Changes, Outlook, and Unusual Items
- The board approved a one-time special dividend of $1.80 per Class A share.
- OneWater LLC approved a matching $1.80-per-unit cash distribution to unitholders of record on June 28, 2021, including OneWater Inc.
- The filing contains no management guidance, business outlook, risk update, contingency disclosure, or explanation of the source or tax treatment of the distributions.
- The Regulation FD disclosure and attached press release were furnished, not filed, and are not incorporated by reference into other filings unless specifically stated.
Investor Verification Items
- Confirm the number of Class A shares and OneWater LLC units eligible for the distributions and the total cash amount to be paid.
- Verify the applicable ex-dividend date, record-date eligibility, and payment processing.
- Review the attached Exhibit 99.1 press release for any additional rationale, tax information, or financial context.
- Assess the effect of the special dividend and LLC distribution on the company’s cash balance, liquidity, leverage, and future capital allocation; these effects are not quantified in the filing text.