UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 8.01 | Other Events. |
CompoSecure, Inc. (“CompoSecure” or the “Company”) completed its previously reported business combination on December 27, 2021 pursuant to an Agreement and Plan of Merger (the “Merger Agreement”), dated as of April 19, 2021 (the “Business Combination”). Pursuant to the Merger Agreement, as disclosed in CompoSecure’s SEC filings, certain parties have the right to receive additional consideration (the “earn-out consideration”) upon the achievement of specified stock price thresholds for the Company’s Class A common stock on or prior to the third and fourth anniversaries of the completion of the Business Combination. On December 17, 2024, the Company issued an aggregate of 3.6 million shares of its Class A common stock in connection with the achievement of a $15.00 volume-weighted average price per share over the required time period on or prior to the third anniversary of the completion of the Business Combination.
SIGNATURE
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.
| COMPOSECURE, INC. | ||
| Date: December 18, 2024 | By: | /s/ Steven J. Feder |
| Steven J. Feder | ||
| General Counsel & Corporate Secretary | ||