Amendment: Asbury Automotive Group Inc filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
(Amendment No. 1)
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
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Item 2.01 Completion of Acquisition or Disposition of Assets.
On July 21, 2025, Asbury Automotive Group, Inc. (the “Company”) filed a Current Report on Form 8-K (the “Initial Report”) with the Securities and Exchange Commission (the “SEC”) to report the completion of the acquisition by Asbury Automotive Group, LLC (“Purchaser”), a Delaware limited liability company and a wholly-owned subsidiary of the Company, of substantially all of the assets, including real property and businesses of The Herb Chambers Companies, pursuant to a Purchase and Sale Agreement with various entities that comprise the Herb Chambers automotive dealerships group.
In order to comply with the rules and regulations promulgated by the Securities and Exchange Commission under the Securities Exchange Act of 1934 and the Securities Act of 1933, the Company hereby amends Item 9.01 of our Initial Report for the purpose of filing the financial statements of The Herb Chambers Companies and the related pro forma financial information in accordance with Article 11 of Regulation S-X, which were not previously filed with the Initial Report and are permitted to be filed by amendment no later than 71 calendar days after the date the Initial Form 8-K was required to be filed with the SEC.
Item 9.01 Financial Statements and Exhibits.
| (a) | Financial statements of business acquired. |
The audited combined financial statements of The Herb Chambers Companies as of and for the years ended December 31, 2024 and 2023, together with the notes thereto and the independent auditors’ report thereon are filed as Exhibit 99.2 hereto and are incorporated herein by reference.
The unaudited combined financial statements of The Herb Chambers Companies as of and for the three months ended March 31, 2025, together with the notes thereto, are filed as Exhibit 99.3 hereto and are incorporated herein by reference.
| (b) | Pro forma financial information. |
The unaudited pro forma condensed combined balance sheet of the Company as of March 31, 2025, and unaudited pro forma condensed combined statements of income of the Company for the three months ended March 31, 2025 and the year ended December 31, 2024 are filed as Exhibit 99.4 hereto and are incorporated herein by reference.
(d) Exhibits.
The following exhibits are furnished as part of this report.
SIGNATURE
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.
| ASBURY AUTOMOTIVE GROUP, INC. | |||
| Date: July 29, 2025 | By: | /s/ Michael D. Welch | |
| Name: | Michael D. Welch | ||
| Title: | Senior Vice President and Chief Financial Officer | ||