Array Technologies, Inc. - Form 8-K Filing

Array Technologies, Inc. has entered into an equity purchase agreement to acquire all equity interests of Affordable Wire Management, LLC (AWM). The total consideration is up to $203 million, including a base price of $153 million, deferred payments up to $10 million, and performance-based earn-outs up to $40 million. Payments can be made in cash or stock. The transaction is subject to customary closing conditions, including antitrust approvals, and is expected to close by December 13, 2026. The acquisition is intended to expand Array Technologies' product offerings in wire management for utility-scale photovoltaic and battery storage systems.