Quarterly report pursuant to Section 13 or 15(d)

Subsequent Events (Table)

v3.21.2
Subsequent Events (Table)
9 Months Ended
Sep. 30, 2021
Perimeter Solutions S A  
Schedule of Estimate Fair Value of Identified Assets Acquired and Liabilities Assumed

The estimates of fair value are based upon preliminary valuation assumptions believed to be reasonable but which are inherently uncertain and unpredictable; and, as a result, actual results are expected to differ from estimates.

Assets Identified

 

Fair Value

 

Property, Plant, and Equipment

 

$

57,074

 

Inventory

 

 

90,103

 

Other intangible assets

 

 

100,061

 

Customer lists

 

 

789,000

 

Existing technology and patents

 

 

257,000

 

Goodwill

 

 

1,079,195

 

Working capital

 

 

32,287

 

Other assets

 

 

980

 

LaderaTech Contingent Earnout(1)

 

 

(22,208

)

Debt

 

 

(690,356

)

Deferred tax liabilities

 

 

(303,216

)

Total Fair Value

 

$

1,389,920

 

 

 

 

 

Value Conveyed

 

 

 

Cash to SK Holdings

 

$

1,289,920

 

Preferred Equity Contributions

 

 

100,000

 

Total preliminary purchase price consideration

 

$

1,389,920

 

 

(1)
Refer to Note 3 to the Unaudited Interim Condensed Consolidated Financial Statements of Perimeter for further information related to the LaderaTech Contingent Earnout.