UNIFIRST CORP 8-K

What Happened
UniFirst Corporation (UNF) filed an 8-K on June 12, 2026 reporting that its shareholders approved the Agreement and Plan of Merger with Cintas Corporation at a virtual special meeting on June 11, 2026. Shareholders representing approximately 95% of outstanding voting power participated. The Merger Agreement calls for two-step mergers in which Merger Sub Inc. will first merge into UniFirst, followed by UniFirst merging into Merger Sub LLC, making UniFirst a wholly owned subsidiary of Cintas if the transaction closes.

Key Details

• Special meeting participation: 12,113,103 of 14,532,640 Common shares and 3,537,257 of 3,551,265 Class B shares were represented (record date May 11, 2026), constituting ~95% of voting power.
• Merger vote (weighted): For 47,458,203; Against 10,251; Abstain 17,219. The Merger Agreement Proposal was approved.
• Advisory compensation vote: For 40,345,244; Against 7,077,010; Abstain 63,419 — the non-binding compensation proposal was approved.
• Regulatory update: On June 11, 2026 the FTC issued an HSR Second Request to UniFirst and Cintas, extending the waiting period until 30 days after both parties substantially comply (unless extended or terminated earlier). UniFirst continues to expect closing in the second half of 2026, subject to conditions and regulatory approvals.
• The company issued a press release on June 12, 2026 announcing the meeting results (Exhibit 99.1).

Why It Matters
Shareholder approval is a required milestone that clears a major procedural hurdle for the proposed acquisition by Cintas, but the FTC’s Second Request means regulatory review is ongoing and could delay closing. Investors should note the deal remains subject to customary closing conditions and regulatory approvals; timing and completion are not guaranteed.