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EX-99.1 - EXHIBIT 99.1 - OneWater Marine Inc.brhc10025971_ex99-1.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 


FORM 8-K



CURRENT REPORT
Pursuant to Section 13 OR 15(D) of the Securities Exchange Act of 1934
 
Date of report (Date of earliest event reported):  June 17, 2021



OneWater Marine Inc.
(Exact name of registrant as specified in its charter)



Delaware
001-39213
83-4330138
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)

6275 Lanier Islands Parkway
Buford, Georgia
 
30518
(Address of principal executive offices)
 
(Zip Code)

Registrant’s Telephone Number, including Area Code:  (678) 541-6300
 


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
 
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
     
Class A common stock, par value $0.01 per share
ONEW
The Nasdaq Global Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ☒
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐
 

Item 7.01
Regulation FD Disclosure.
 
On June 17, 2021, OneWater Marine Inc. (“OneWater Inc.”) announced that its Board of Directors approved a special dividend of $1.80 per share to holders of its Class A Common Stock, $0.01 par value per share (“Class A Common Stock”). The dividend will be payable on July 19, 2021 to holders of Class A Common Stock of record as of the close of business on June 28, 2021. Additionally, One Water Marine Holdings, LLC (“OneWater LLC”) approved a distribution to its unitholders of record as of the close of business on June 28, 2021, including OneWater Inc., payable in cash in the amount of $1.80 per unit in OneWater LLC on July 19, 2021.
 
The information furnished pursuant to this Item 7.01, including Exhibit 99.1 attached hereto, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any filing under the Securities Act unless specifically identified therein as being incorporated therein by reference.
 
Item 9.01
Financial Statements and Exhibits.
 

(d)
Exhibits.
 
Exhibit
Number
Description

 
Press Release issued by OneWater Marine Inc., dated June 17, 2021.*

*
Furnished herewith.
 
1

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.
 
 
ONEWATER MARINE INC.
     
 
By:
/s/ Jack Ezzell
 
Name:
Jack Ezzell
 
Title:
Chief Financial Officer
Dated: June 17, 2021
   


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