Allient, Inc. (ALNT)
NASDAQInformation TechnologyElectrical Equipment & PartsSnapshot 2026-09-04
NASDAQInformation TechnologyElectrical Equipment & PartsSnapshot 2026-09-04
QuarterlyIQ Insights · ALNT
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Vice President and Group President — Helmut D. Pirthauer: Amendment to employment agreement with Helmut D. Pirthauer, including salary and bonus adjustments.
Entry into a Material Definitive Agreement. Amendments to Revolving Credit Facility On October 22, 2024, Allient Inc. and one of its subsidiaries, Allied Motion Technologies B.V. (together, the “Company”) entered into a Second Amendment (the “Amendment”) to Third Amended and Restated Credit Agreement with HSBC Bank USA, National Association, as Administrative Agent, and the other financial institutions signatory thereto. All capitalized terms used in this Current Report on Form 8-K and not…
Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Chief Financial Officer — Michael R. Leach: Michael R. Leach is retiring as CFO with an orderly transition plan in place.
Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. On March 21, 2024, Allient Inc. (the “Company”) issued and sold to certain affiliates of PGIM, Inc. (“Prudential”) $50 million in aggregate principal amount of the Series A Senior Notes due March 21, 2031 (the “Notes”). The Notes were issued pursuant to the Private Shelf Agreement dated as of March 1, 2024 (the “Private Shelf Agreement”) among the Company, Prudential, and certain…
by reference. When the Notes (as defined below) were issued and sold by Allient Inc. (the “Company”) on March 21, 2024, in the transaction described in Item 2.03, the material provisions of the Private Shelf Agreement (as defined below) became enforceable against the Company.
Termination of a Material Definitive Agreement. On March 1, 2024, in connection with the entrance into the Revolving Facility, the Company repaid all of the outstanding obligations under and terminated the Existing Revolving Facility.
Entry into a Material Definitive Agreement. Revolving Credit Facility On March 1, 2024, Allient Inc. and one of its subsidiaries, Allied Motion Technologies B.V. (together, the “Company”) entered into a Third Amended and Restated Credit Agreement (the “Revolving Facility”) with HSBC Bank USA, National Association, as Administrative Agent, the lenders from time to time party thereto, and HSBC Bank USA, National Association, Wells Fargo Bank, National Association, TD Bank, N.A. and PNC Capita…
Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Chief Financial Officer — Michael R. Leach: The CFO is retiring and the company has commenced a search for a successor.
Senior Vice President & President of Allied Innovum Group — Robert P. Maida: Mr. Maida is retiring and will serve in an advisory role.
Creation of a Direct Financial Obligation or an Obligation Under an Off-Balance Sheet Arrangement of a Registrant. The information set forth under
Entry into a Material Definitive Agreement. On August 23, 2022, Allied Motion Technologies Inc. (the “Company”) entered into an amended and restated credit agreement by and among the Company, as borrower, the lenders from time to time party thereto and HSBC Bank USA, National Association, as administrative agent (the “Revised Credit Agreement”). The Revised Credit Agreement amends and restates the Company’s pre-existing credit agreement, dated as of February 12, 2020, by and among the Company…
Unregistered Sales of Equity Securities On May 30, 2022, Allied Motion Technologies Inc. (the “Company”) entered into a Share Purchase Agreement (the “Purchase Agreement”) pursuant to which the Company, directly and through its wholly-owned subsidiaries, acquired the direct and indirect legal and beneficial ownership of the shares of FPH Group Inc., a corporation incorporated pursuant to the laws of the Province of Ontario (“FPH”), and the membership interests of Transtar International, LLC,…
Material Modification to Rights of Security Holders The disclosure under
Unregistered Sales of Equity Securities On April 22, 2022, Allied Motion Technologies Inc. (the “Company”) entered into an agreement to issue up to 296,500 shares of the Company’s common stock, no par value per share (the “Common Stock”) as the sole consideration in an acquisition transaction (the “Transaction”). The Transaction is expected to close in the second quarter of 2022, subject to customary closing conditions. The Common Stock issuable in connection with the Transaction will not be…
The filing details revisions to the company's compensation program and long-term incentive plan for named executive officers.
Unregistered Sales of Equity Securities The information required to be reported under this Item is incorporated by reference to
Completion of Acquisition or Disposition of Assets On December 30, 2021, Allied Motion Technologies Inc. (the “Company”) entered into a Share Purchase Agreement (the “Purchase Agreement”) with the shareholders (the “Sellers”) of Spectrum Controls, Inc., a Washington corporation, (“Spectrum”) pursuant to which the Company acquired all of the outstanding shares of common stock of Spectrum for a purchase price of $70,000,000 less any indebtedness, debt like items and transaction expenses of Spec…
Unregistered Sales of Equity Securities On November 2, 2021, Allied Motion Technologies Inc. (the “Company”) entered into a Subscription Agreement in connection with the sale of 10,685 shares of the Company’s common stock, no par value per share (the “Common Stock”) for a purchase price of $36.07 per share (a total of $385,408). The shares of Common Stock issued and sold under the Subscription Agreement were offered and sold by the Company in reliance upon an exemption from registration pursu…
The filing describes amendments to existing employment agreements and new employment agreements for certain executives, which are routine administrative matters.
The filing details changes to the company's compensation program and does not involve any management movement.
Other Events. On March 10, 2021, Allied Motion Technologies Inc. (the “Company”) issued a press release announcing a three-for-two stock split of the Company’s common stock, which will be made in the form of a 50% stock dividend. Shareholders of record at the close of business on April 16, 2021 will receive one additional share of Company common stock for every two shares owned. These additional shares will be distributed on April 30, 2021. Cash will be distributed in lieu of fractional share…
Richard S. Warzala: The Employment Agreement of the Chair, President and CEO was amended to extend its term.
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