0001870600☐00018706002025-02-112025-02-11

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): February 13, 2025

Solo Brands, Inc.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number 001-40979
Delaware87-1360865
State or Other Jurisdiction of
Incorporation or Organization		I.R.S. Employer Identification No.
1001 Mustang Dr.
Grapevine,TX76051
Address of Principal Executive OfficesZip Code
(817) 900-2664
Registrant’s Telephone Number, Including Area Code

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 Act:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Class A Common Stock, $0.001 par value per shareDTC
New York Stock Exchange

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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On February 18, 2025, the Board of Directors (the “Board”) of Solo Brands, Inc. (the “Company”) appointed John P. Larson, a member of the Board, as the Company’s Interim President and Chief Executive Officer, effective immediately. Mr. Larson succeeds Christopher Metz, who has resigned as the Company’s President and Chief Executive Officer and as a member of the Board. Mr. Metz’s departure is not a result of any disagreement with the Company or the Board on any matter relating to the Company’s operations, policies, or practices. Mr. Metz is committed to supporting a smooth and orderly transition and will remain with the Company in a non-executive capacity through March 7, 2025. The Board will begin a process to identify a permanent successor.

In connection with Mr. Larson’s appointment, Mr. Larson will be entitled to receive cash compensation in the amount of $60,000 per month, and a one-time equity award of 1,000,000 restricted stock units (“RSUs”) to be granted following the Company’s filing of its 2024 Annual Report on Form 10-K, subject to Mr. Larson’s continued service as Interim President and Chief Executive Officer on such date. If granted, the RSUs will vest upon the appointment of a permanent President and Chief Executive Officer, and only if on such date, Mr. Larson has continued to serve as Interim President and Chief Executive Officer.

Mr. Larson’s biographical information can be found on the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on December 6, 2024 in connection with his appointment to the Board. Mr. Larson will remain on the Board but will step down from the Compensation and Nominating and Corporate Governance Committees.

There are no arrangements or understandings between Mr. Larson and any other person pursuant to which Mr. Larson was appointed as Interim President and Chief Executive Officer. There are no family relationships between Mr. Larson and any director or executive officer of the Company, and the Company is not aware of any transactions with Mr. Larson that are reportable pursuant to Item 404(a) of Regulation S-K.

Item 7.01. Regulation FD Disclosure.

On February 18, 2025, the Company issued a press release announcing the leadership succession described above. A copy of the press release is furnished herewith as Exhibit 99.1.

The information contained in this Item 7.01, including Exhibit 99.1, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

Exhibit No.Description of Exhibits
99.1
104Cover Page Interactive Data File (formatted as inline XBRL).



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 thereunto duly authorized.
Solo Brands, Inc.
(Registrant)
Date:February 18, 2025By:/s/ Laura Coffey
Laura Coffey
Chief Financial Officer




Solo Brands Announces Leadership Transition

Appoints John Larson as Interim Chief Executive Officer

GRAPEVINE, Texas – February 18, 2025 – Solo Brands, Inc. (NYSE: DTC) (“Solo Brands” or “the Company”) today announced that John Larson, a member of the Solo Brands Board of Directors, has been appointed Interim President and Chief Executive Officer (CEO) of the Company, effective immediately. Mr. Larson succeeds Chris Metz who informed the Board of his decision to step down as President, CEO and a member of the Board. Mr. Metz is committed to supporting a smooth and orderly transition and will remain with the Company in a non-executive capacity through March 7, 2025.

“John has the strategic expertise and necessary leadership skills to serve as Interim CEO at Solo Brands,” said Matt Hamilton, Chairman of the Board. “We are confident that his background and experience leading enthusiast brands will ensure a smooth transition while the search process for a permanent CEO is underway.”

“I am honored to be named Interim CEO and to continue working closely with the Board and management team to drive Solo Brands forward during this time,” said Mr. Larson. “We are committed to continue building the next generation of digitally-connected commerce and remain laser focused on executing the strategic plans laid out and leading with product innovation.”

Mr. Hamilton continued, “On behalf of the Board, I would like to thank Chris for his leadership over the past year. We wish him all the best as he moves on to his next opportunity.”

“I would like to thank the Board for the opportunity to lead this great organization,” said Mr. Metz. “I also want to thank my teammates for their trust and support during my tenure. Their dedication to our brands, products and customers are what makes this company so special.”

The Solo Brands Board will conduct a process to identify a permanent CEO. Mr. Metz’s departure is not a result of any disagreement with the Company or the Board, or any matter relating to the Company’s operations, policies, or practices.

About John Larson

Mr. Larson joined the Solo Brands Board in December 2024. He most recently served as Chief Executive Officer of Bestop, Inc., a leading manufacturer of soft tops and accessories for Jeep vehicles, since 2015. He previously served as Chief Executive Officer of Escort Inc., an automobile electronics manufacturer from 2008 to 2014 and as its President and Chief Operating Officer from 2007 to 2008. Prior to that, he worked in a number of senior management positions at General Motors Company, a leading car manufacturer, from 1986 to 2007. He has served on a number of public and private company boards, including as Chairman of IAA, Inc. from 2019 until 2023; the Lead Independent Director of KAR Auction Services, Inc., a provider of vehicle auction services, from 2015 to 2019, and a director for SCA Performance, Inc. a leading manufacturer of high-end custom trucks for Ford, GM and Dodge, from 2018 to 2020. Mr. Larson received a B.S. in Finance from Northern Illinois University and an M.S. in Management from Purdue University.

About Solo Brands

Solo Brands, headquartered in Grapevine, TX, is a leading portfolio of lifestyle brands that are redefining the outdoor and apparel industries. Leveraging e-commerce, strategic retail relationships and physical retail stores, Solo Brands offers innovative products to consumers through its lifestyle brands – Solo Stove, Chubbies, ISLE and Oru. For more information, visit www.solobrands.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding our chief executive officer transition; the execution of our strategic plans; and our financial position, seasonal trends, momentum from retail partners, impacts of previously announced restructuring efforts. In some cases, you can identify forward-looking statements by terms such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the negative of these terms or other similar expressions. These statements are neither promises nor guarantees, and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: reactions from our employees, vendors,


customers, lenders and investors to the chief executive officer transition announced hereby; the impact of the chief executive officer transition on our common stock; our ability to manage our future growth effectively; our ability to expand into additional markets; our ability to maintain and strengthen our brand to generate and maintain ongoing demand for our products; our ability to cost-effectively attract new customers and retain our existing customers; the highly competitive market in which we operate; and the ability of our stockholders to influence corporate matters. These and other important factors discussed under the caption "Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2023, as amended by Amendment No. 1 on Form 10-K/A, and any subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, or other filings we make with the Securities and Exchange Commission could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Forward-looking statements speak only as of the date the statements are made and are based on information available to Solo Brands at the time those statements are made and/or management's good faith belief as of that time with respect to future events. We undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Contacts
Company Contact:
Solo Brands, Inc.
Mark Anderson
Sr. Director, Treasury & Investor Relations
investors@solobrands.com

Investor Relations Contact:
Three Part Advisors, LLC
Sandy Martin or Steven Hooser
214-616-2207

v3.25.0.1
Document and Entity Information Document
Feb. 11, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Feb. 13, 2025
Entity Registrant Name Solo Brands, Inc.
Entity File Number 001-40979
Entity Incorporation, State or Country Code DE
Entity Tax Identification Number 87-1360865
Entity Address, Address Line One 1001 Mustang Dr.
Entity Address, City or Town Grapevine,
Entity Address, State or Province TX
Entity Address, Postal Zip Code 76051
City Area Code 817
Local Phone Number 900-2664
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Class A Common Stock, $0.001 par value per share
Trading Symbol DTC
Security Exchange Name NYSE
Entity Emerging Growth Company true
Entity Ex Transition Period false
Entity Central Index Key 0001870600
Amendment Flag false
Document Information [Line Items]  
Document Period End Date Feb. 13, 2025
Solo Brands (NYSE:DTC)
Graphique Historique de l'Action
De Fév 2025 à Mar 2025 Plus de graphiques de la Bourse Solo Brands
Solo Brands (NYSE:DTC)
Graphique Historique de l'Action
De Mar 2024 à Mar 2025 Plus de graphiques de la Bourse Solo Brands