UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
(Amendment No. 1)
CURRENT REPORT
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Explanatory Note
As previously reported, on October 6, 2022, Hillenbrand, Inc. (the “Company”), completed its previously announced acquisition (the “Acquisition”) of all of the securities of Linxis Group SAS, a company organized under the laws of France (“Linxis”) from the holders thereof (the “Sellers”).
As a result of the Acquisition, the Company acquired all of the issued and outstanding shares of Linxis, and Linxis became a wholly owned subsidiary of the Company for total aggregate consideration of $590.8 million (€596.2 million) in cash, reflecting an enterprise value of approximately $566.8 million (€572.0 million) plus cash acquired at closing, subject to post-closing adjustment for any leakage pursuant to the locked-box structure of the Acquisition.
ITEM 9.01. | Financial Statements and Exhibits. |
Financial Statements of Businesses Acquired and Pro Forma Financial Information
As a result of acquiring Linxis, and based on the criteria in Rule 3-05 of Regulation S-X, the Company would ordinarily be required to file certain historical audited financial statements for Linxis and corresponding pro forma financial information pursuant to Article 11 of Regulation S-X. However, because the Company believed that Linxis’s full financial statements would not be material to the Company’s shareholders and would be of limited value to investors, the Company requested relief from the U.S. Securities and Exchange Commission (the “SEC”) from the requirements under Rule 3-05 and Article 11 of Regulation S-X to file audited financial statements and pro forma financial information in connection with the acquisition described in Item 2.01 of this Current Report on Form 8-K. In response to the waiver request, the SEC advised the Company that it could file an audited statement of assets acquired and liabilities assumed as of the closing date of October 6, 2022 (the “Audited Statement”) and a related pro forma balance sheet (the “Balance Sheet”) in lieu of the full financial statements of Linxis and any pro forma financial statements required under Rule 3-05 and Article 11 of Regulation S-X. Accordingly, the Audited Statement is filed as Exhibit 99.1 to this Current Report on Form 8-K/A and incorporated by reference herein, and the Balance Sheet is filed as Exhibit 99.2 to this Current Report on Form 8-K/A and incorporated by reference herein.
(d) Exhibits
Exhibit No. | Description | |
Exhibit 23.1 | Consent of Independent Auditors | |
Exhibit 99.1 | Audited Statement of Assets Acquired and Liabilities Assumed | |
Exhibit 99.2 | Pro Forma Condensed Combined Balance Sheet | |
Exhibit 104 | Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document) |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: December 22, 2022 | HILLENBRAND, INC. | |
By: | /s/ Robert M. VanHimbergen | |
Robert M. VanHimbergen Senior Vice President and Chief Financial Officer |