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Primo Brands Files Prospectus For Resale Of 116M Shares And Issuance Of 58,488 Option Shares

BenzingaDecember 05, 2025 at 9:40 PMFull Content
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Gist

Primo Brands filed a prospectus for the resale of 116M shares and issuance of 58K option shares following a complex merger transaction that restructured its ownership and subsidiaries.

LLM Summary

Primo Brands has filed a prospectus enabling the resale of up to 116.2 million Class A shares by a selling stockholder and the issuance of 58,488 shares upon option exercise. This follows a multi-step merger transaction in November 2024 that integrated Primo Water and BlueTriton into the company’s structure, resulting in new subsidiaries and ownership changes.

Full Article Content

Resale of up to 116,210,806 Shares of Class A Common Stock

Issuance of up to 58,488 shares of Class A Common Stock underlying Options

This prospectus relates to the (i) resale or other disposition of up to 116,210,806 shares (the "Resale Shares") of our Class A common stock, par value $0.01 per share (the "Class A common stock"), by the selling stockholder named in this prospectus or its Permitted Transferees (as defined herein) and (ii) issuance by us of up to 58,488 shares of Class A common stock (the "Option Shares") reserved for issuance upon the exercise of options to purchase shares of Class A common stock, with a weighted-average exercise price of $15.18 per share.

On November 8, 2024, we consummated the transactions contemplated by that certain Arrangement Agreement and Plan of Merger, dated as of June 16, 2024, as amended by that certain Amendment No. 1 thereto dated October 1, 2024 (as amended, the "Arrangement Agreement"), by and among Primo Water Corporation, a company existing under the laws of Ontario ("Primo Water"), Triton Water Parent, Inc., formerly a Delaware corporation ("BlueTriton"), Primo Brands Corporation (formerly known as Triton US HoldCo, Inc.), a Delaware corporation and formerly a wholly-owned subsidiary of BlueTriton ("Primo Brands" or the "Company"), Triton Merger Sub 1, Inc., formerly a wholly-owned subsidiary of the Company ("Merger Sub"), and 1000922661 Ontario Inc., formerly a wholly-owned subsidiary of the Company ("Amalgamation Sub"). As contemplated by the Arrangement Agreement, Amalgamation Sub acquired all of the issued and outstanding common shares of Primo Water in exchange for shares of our Class A common stock, followed immediately by an amalgamation of Primo Water and Amalgamation Sub, with the resulting amalgamated entity, named "Primo Water Corporation," becoming a wholly-owned subsidiary of the Company (the "Arrangement"). Following the Arrangement, Merger Sub merged with and into BlueTriton (the "Merger"), with BlueTriton surviving the Merger as a wholly-owned subsidiary of the Company. Immediately following the Merger, and as part of one integrated transaction with the Merger, BlueTriton, as the surviving company in the Merger, merged with and into the Company (the "Subsequent Merger" and, together with the Merger, the "Mergers" and, collectively with the Arrangement, the "Transaction"), with the Company being the surviving corporation in the Subsequent Merger. As a result of the Transaction, Primo Water and Triton Water Intermediate, Inc., previously a wholly-owned subsidiary of BlueTriton, became wholly-owned subsidiaries of the Company.

Metadata

Author:
Benzinga Newsdesk
Tickers:
PRMB
Updated At:
December 05, 2025 at 5:40 PM
Benzinga Channels:
News, Offerings
Teaser:
Resale of up to 116,210,806 Shares of Class A Common StockIssuance of up to 58,488 shares of Class A Common Stock underlying Options This prospectus relates to the (i) resale or other disposition of
Benzinga Stocks:
PRMB (NYSE)
Benzinga Article ID:
49243054