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Compass Diversified Holdings 8-K Report: Key Insights as of January 3, 2025

$CODI
Form 8-K
Filed on: 2025-01-06
Source
Compass Diversified Holdings 8-K Report: Key Insights as of January 3, 2025

The excerpt provided appears to be an XBRL-formatted section of a financial report related to Compass Diversified Holdings (with CIK 0001345126) for the date January 3, 2025. Here are the key insights extracted from the information:

  1. Entity Information:
  • Name: Compass Diversified Holdings
  • CIK Number: 0001345126
  • SEC File Number: 001-34927
  • EIN: 57-6218917
  • Address: 301 Riverside Avenue, Second Floor, Westport, CT 06880
  • Phone: 203-221-1703
  1. Report Type:
  • The report is an 8-K, which is typically used to report major events that shareholders should know about.
  1. Relevant Dates:
  • Report Date: January 3, 2025
  • Period Covered: The report covers the same date, indicating it reports on a specific event or condition as of that date.
  1. Share Classes:
  • The report includes various classes of shares representing beneficial interests in Compass Diversified Holdings:
    • Shares Representing Beneficial Interests: General shares in Compass Diversified Holdings (Ticker: CODI, NYSE)
    • Series A Preferred Shares: Represents Series A Trust Preferred Interest (Ticker: CODI PR A, NYSE)
    • Series B Preferred Shares: Represents Series B Trust Preferred Interest (Ticker: CODI PR B, NYSE)
    • Series C Preferred Shares: Represents Series C Trust Preferred Interest (Ticker: CODI PR C, NYSE)
  1. XBRL Contexts:
  • Each class of shares has an associated context that specifies the period covered (January 3, 2025), indicating that the financial data for each class is relevant to this specific date.
  1. Segment Information:
  • The segments are categorized based on the class of stock, which is important for understanding the different types of equity instruments issued by Compass Diversified Holdings.

Insights:

  • Importance of Preferred Shares: The presence of preferred shares indicates that the company may be offering different levels of investment opportunities, which can appeal to various investor profiles. Preferred shares often come with fixed dividends and have priority over common shares in the event of liquidation.
  • Regulatory Compliance: The filing of an 8-K signifies adherence to SEC regulations, ensuring that the company maintains transparency with its investors regarding significant events or changes within the organization.
  • Market Positioning: The use of NYSE tickers for the classes of shares suggests that Compass Diversified Holdings is well-established in the public market, which may provide liquidity and investor interest.

Overall, this section of the financial report provides critical information on the company's equity structure as of a specific date, allowing investors to assess their options and the potential impact of the company's financial strategies.