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STOCK TITAN

[SCHEDULE 13D/A] Guess?, Inc. SEC Filing

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary

Reporting group led by Paul and Maurice Marciano agreed to support a merger of Guess?, Inc. with a newly formed Authentic Brands Group vehicle at $16.75 per share. The group collectively holds substantial positions: they represent 49.972% of the outstanding common stock according to the Voting Agreement and, including exercisable options, beneficially own 27,337,653 shares (51.2% on an as-exercised basis). The Merger Agreement contemplates a pre-closing IP restructuring that will transfer most intellectual property to newly formed IPCo entities, a sale of 51% of IPCo to Authentic and up to 19% to IPCo Holdings, and a merger that would leave the surviving company owned by certain Reporting Persons and management. The Reporting Persons entered a Voting and Support Agreement and an Interim Investors Agreement requiring them to vote for the merger, limit transfers, waive appraisal rights and cooperate on pre-closing transactions.

Un gruppo di Reporting guidato da Paul e Maurice Marciano ha concordato di sostenere una fusione di Guess?, Inc. con un veicolo di nuova costituzione di Authentic Brands Group a 16,75 dollari per azione. Il gruppo detiene collettivamente posizioni rilevanti: rappresenta il 49,972% delle azioni ordinarie in circolazione secondo il Voting Agreement e, incluse le opzioni esercitabili, possiede beneficiariamente 27.337.653 azioni (51,2% su base esercitata). L'Accordo di Fusione prevede una ristrutturazione IP pre-closing che trasferirà la maggior parte della proprietà intellettuale a entità IPCo di nuova costituzione, la vendita del 51% di IPCo ad Authentic e fino al 19% a IPCo Holdings, e una fusione che lascerebbe la società risultante di proprietà di determinate Persone di Reporting e del management. Le Persone di Reporting hanno sottoscritto un Voting and Support Agreement e un Interim Investors Agreement che li obbligano a votare a favore della fusione, limitare i trasferimenti, rinunciare ai diritti di stima (appraisal) e collaborare sulle operazioni pre-closing.

Un grupo informante liderado por Paul y Maurice Marciano acordó apoyar la fusión de Guess?, Inc. con un vehículo de nueva creación de Authentic Brands Group a 16,75 dólares por acción. El grupo posee colectivamente posiciones sustanciales: representan el 49,972% del capital social en circulación según el Voting Agreement y, incluyendo opciones ejercitables, son beneficiarios de 27.337.653 acciones (51,2% en base ejercida). El Acuerdo de Fusión contempla una reestructuración de PI previa al cierre que transferirá la mayor parte de la propiedad intelectual a entidades IPCo recién constituidas, la venta del 51% de IPCo a Authentic y hasta un 19% a IPCo Holdings, y una fusión que dejaría a la sociedad resultante en manos de ciertas Personas Informantes y la dirección. Las Personas Informantes suscribieron un Voting and Support Agreement y un Interim Investors Agreement que les exige votar a favor de la fusión, limitar transferencias, renunciar a derechos de tasación (appraisal) y cooperar en las transacciones previas al cierre.

Paul ë°� Maurice Marcianoê°€ ì´ë„ëŠ� ë³´ê³ ìž� ê·¸ë£¹ì€ ì£¼ë‹¹ 16.75달러ë¡� Guess?, Inc.ë¥� 새로 설립ë� Authentic Brands Group 계열ì� 법ì¸ê³� 합병하는 ê²ƒì„ ì§€ì§€í•˜ê¸°ë¡� í•©ì˜í–ˆìŠµë‹ˆë‹¤. ì� ê·¸ë£¹ì€ ì§‘ë‹¨ì ìœ¼ë¡� ìƒë‹¹í•� ì§€ë¶„ì„ ë³´ìœ í•˜ê³  있습니다: Voting Agreementì—� 따르ë©� 발행 ë³´í†µì£¼ì˜ 49.972%ë¥� 대표하ë©�, 행사 가능한 옵션ì� í¬í•¨í•˜ë©´ 27,337,653ì£�(행사 기준 51.2%)ë¥� 실질ì ìœ¼ë¡� 소유하고 있습니다. í•©ë³‘ê³„ì•½ì€ ëŒ€ë¶€ë¶„ì˜ ì§€ì ìž¬ì‚°ê¶Œì� 새로 설립ë� IPCo 계열사로 ì´ì „하는 í´ë¡œì§� ì � IP 구조조정, IPCo ì§€ë¶„ì˜ 51%ë¥� Authenticì—� 매ê°í•˜ê³  최대 19%ë¥� IPCo Holdingsì—� 매ê°í•˜ëŠ” 방안, 그리ê³� 특정 ë³´ê³ ìž� ë°� ê²½ì˜ì§„ì´ ìƒì¡´íšŒì‚¬ë¥� 소유하게 ë˜ëŠ” 합병ì� 예정하고 있습니다. ë³´ê³ ìžë“¤ì€ 합병ì—� 찬성 투표하고 ì–‘ë„ ì œí•œ, ê°ì •ê¶�(appraisal) í¬ê¸° ë°� í´ë¡œì§� ì � 거래ì—� 대í•� 협력ì� 요구하는 Voting and Support Agreement ë°� Interim Investors Agreementì—� 서명했습니다.

Un groupe déclarant dirigé par Paul et Maurice Marciano a accepté de soutenir la fusion de Guess?, Inc. avec un véhicule nouvellement créé d'Authentic Brands Group à 16,75 $ par action. Le groupe détient collectivement des positions substantielles : il représente 49,972 % des actions ordinaires en circulation selon le Voting Agreement et, y compris les options exerçables, détient bénéficiairement 27 337 653 actions (51,2 % sur une base exercée). L'accord de fusion prévoit une restructuration de la propriété intellectuelle avant la clôture qui transférera la majorité des droits de propriété intellectuelle à des entités IPCo nouvellement créées, la vente de 51 % d'IPCo à Authentic et jusqu'à 19 % à IPCo Holdings, et une fusion qui laisserait la société survivante détenue par certaines personnes déclarante et la direction. Les personnes déclarante ont signé un Voting and Support Agreement et un Interim Investors Agreement les obligeant à voter en faveur de la fusion, à limiter les transferts, à renoncer aux droits d'expertise (appraisal) et à coopérer sur les transactions pré-clôture.

Eine meldende Gruppe unter der Leitung von Paul und Maurice Marciano hat zugestimmt, eine Fusion von Guess?, Inc. mit einem neu gegründeten Vehikel von Authentic Brands Group zu 16,75 USD pro Aktie zu unterstützen. Die Gruppe hält zusammen beträchtliche Positionen: laut Voting Agreement repräsentieren sie 49,972% des ausstehenden Stammkapitals und besitzen einschließlich ausübbarer Optionen wirtschaftlich 27.337.653 Aktien (51,2% auf ausgeübter Basis). Der Fusionsvertrag sieht eine IP-Restrukturierung vor dem Abschluss vor, die die überwiegende Mehrheit des geistigen Eigentums auf neu gegründete IPCo-Einheiten überträgt, den Verkauf von 51% von IPCo an Authentic und bis zu 19% an IPCo Holdings sowie eine Fusion, die das überlebende Unternehmen im Besitz bestimmter meldender Personen und des Managements belässt. Die meldenden Personen haben ein Voting and Support Agreement und ein Interim Investors Agreement abgeschlossen, die sie verpflichten, für die Fusion zu stimmen, Übertragungen zu beschränken, auf Bewertungsrechte (appraisal) zu verzichten und bei Transaktionen vor dem Abschluss zusammenzuarbeiten.

Positive
  • Definitive Merger Agreement at $16.75 per share provides a clear cash price for common stockholders.
  • Reporting group has formal Voting and Support Agreement reducing execution risk from shareholder opposition.
  • Pre-closing IP restructuring with retained equity for Reporting Persons preserves continued economic interest in certain IP via IPCo entities.
Negative
  • Reporting Persons waived appraisal rights and agreed not to transfer shares, limiting dissent and liquidity options for those holders.
  • IP carve-out shifts substantial rights outside the cash consideration, which may alter the economic value delivered to non-participating public shareholders.
  • Reporting Persons will not be disinterested stockholders for purposes of certain approvals, reducing independent shareholder oversight of the merger.

Insights

TL;DR: Reporting group secures control and structured IP carve-out to align purchase economics with Authentic Brands.

The Filing documents a definitive merger at $16.75 per share and a negotiated pre-closing IP carve-out that allocates IPCo ownership 51% to Authentic and up to 49% to the Reporting Persons. That structure shifts valuable IP outside the direct equity being purchased at closing, preserving a stake for the Reporting Persons and potentially changing the economics of the transaction relative to a straight share-for-cash deal. The Voting and Interim Investors Agreements bind the major holders to support the transaction, reducing execution risk from shareholder opposition while imposing transfer and waiver constraints on those holders.

TL;DR: Large insider block and voting pact materially affect shareholder voting dynamics and independence determinations.

The Reporting Persons represent roughly half the outstanding shares and have contractually agreed to vote for the merger and related actions, which means they will not be treated as disinterested for certain governance determinations. Their agreements include waivers of appraisal rights and restrictions on transfers, concentrating control and reducing the likelihood of alternative proposals. Governance consequences include a diminished pool of independent voting power and locked-in support for management and the transaction terms described.

Un gruppo di Reporting guidato da Paul e Maurice Marciano ha concordato di sostenere una fusione di Guess?, Inc. con un veicolo di nuova costituzione di Authentic Brands Group a 16,75 dollari per azione. Il gruppo detiene collettivamente posizioni rilevanti: rappresenta il 49,972% delle azioni ordinarie in circolazione secondo il Voting Agreement e, incluse le opzioni esercitabili, possiede beneficiariamente 27.337.653 azioni (51,2% su base esercitata). L'Accordo di Fusione prevede una ristrutturazione IP pre-closing che trasferirà la maggior parte della proprietà intellettuale a entità IPCo di nuova costituzione, la vendita del 51% di IPCo ad Authentic e fino al 19% a IPCo Holdings, e una fusione che lascerebbe la società risultante di proprietà di determinate Persone di Reporting e del management. Le Persone di Reporting hanno sottoscritto un Voting and Support Agreement e un Interim Investors Agreement che li obbligano a votare a favore della fusione, limitare i trasferimenti, rinunciare ai diritti di stima (appraisal) e collaborare sulle operazioni pre-closing.

Un grupo informante liderado por Paul y Maurice Marciano acordó apoyar la fusión de Guess?, Inc. con un vehículo de nueva creación de Authentic Brands Group a 16,75 dólares por acción. El grupo posee colectivamente posiciones sustanciales: representan el 49,972% del capital social en circulación según el Voting Agreement y, incluyendo opciones ejercitables, son beneficiarios de 27.337.653 acciones (51,2% en base ejercida). El Acuerdo de Fusión contempla una reestructuración de PI previa al cierre que transferirá la mayor parte de la propiedad intelectual a entidades IPCo recién constituidas, la venta del 51% de IPCo a Authentic y hasta un 19% a IPCo Holdings, y una fusión que dejaría a la sociedad resultante en manos de ciertas Personas Informantes y la dirección. Las Personas Informantes suscribieron un Voting and Support Agreement y un Interim Investors Agreement que les exige votar a favor de la fusión, limitar transferencias, renunciar a derechos de tasación (appraisal) y cooperar en las transacciones previas al cierre.

Paul ë°� Maurice Marcianoê°€ ì´ë„ëŠ� ë³´ê³ ìž� ê·¸ë£¹ì€ ì£¼ë‹¹ 16.75달러ë¡� Guess?, Inc.ë¥� 새로 설립ë� Authentic Brands Group 계열ì� 법ì¸ê³� 합병하는 ê²ƒì„ ì§€ì§€í•˜ê¸°ë¡� í•©ì˜í–ˆìŠµë‹ˆë‹¤. ì� ê·¸ë£¹ì€ ì§‘ë‹¨ì ìœ¼ë¡� ìƒë‹¹í•� ì§€ë¶„ì„ ë³´ìœ í•˜ê³  있습니다: Voting Agreementì—� 따르ë©� 발행 ë³´í†µì£¼ì˜ 49.972%ë¥� 대표하ë©�, 행사 가능한 옵션ì� í¬í•¨í•˜ë©´ 27,337,653ì£�(행사 기준 51.2%)ë¥� 실질ì ìœ¼ë¡� 소유하고 있습니다. í•©ë³‘ê³„ì•½ì€ ëŒ€ë¶€ë¶„ì˜ ì§€ì ìž¬ì‚°ê¶Œì� 새로 설립ë� IPCo 계열사로 ì´ì „하는 í´ë¡œì§� ì � IP 구조조정, IPCo ì§€ë¶„ì˜ 51%ë¥� Authenticì—� 매ê°í•˜ê³  최대 19%ë¥� IPCo Holdingsì—� 매ê°í•˜ëŠ” 방안, 그리ê³� 특정 ë³´ê³ ìž� ë°� ê²½ì˜ì§„ì´ ìƒì¡´íšŒì‚¬ë¥� 소유하게 ë˜ëŠ” 합병ì� 예정하고 있습니다. ë³´ê³ ìžë“¤ì€ 합병ì—� 찬성 투표하고 ì–‘ë„ ì œí•œ, ê°ì •ê¶�(appraisal) í¬ê¸° ë°� í´ë¡œì§� ì � 거래ì—� 대í•� 협력ì� 요구하는 Voting and Support Agreement ë°� Interim Investors Agreementì—� 서명했습니다.

Un groupe déclarant dirigé par Paul et Maurice Marciano a accepté de soutenir la fusion de Guess?, Inc. avec un véhicule nouvellement créé d'Authentic Brands Group à 16,75 $ par action. Le groupe détient collectivement des positions substantielles : il représente 49,972 % des actions ordinaires en circulation selon le Voting Agreement et, y compris les options exerçables, détient bénéficiairement 27 337 653 actions (51,2 % sur une base exercée). L'accord de fusion prévoit une restructuration de la propriété intellectuelle avant la clôture qui transférera la majorité des droits de propriété intellectuelle à des entités IPCo nouvellement créées, la vente de 51 % d'IPCo à Authentic et jusqu'à 19 % à IPCo Holdings, et une fusion qui laisserait la société survivante détenue par certaines personnes déclarante et la direction. Les personnes déclarante ont signé un Voting and Support Agreement et un Interim Investors Agreement les obligeant à voter en faveur de la fusion, à limiter les transferts, à renoncer aux droits d'expertise (appraisal) et à coopérer sur les transactions pré-clôture.

Eine meldende Gruppe unter der Leitung von Paul und Maurice Marciano hat zugestimmt, eine Fusion von Guess?, Inc. mit einem neu gegründeten Vehikel von Authentic Brands Group zu 16,75 USD pro Aktie zu unterstützen. Die Gruppe hält zusammen beträchtliche Positionen: laut Voting Agreement repräsentieren sie 49,972% des ausstehenden Stammkapitals und besitzen einschließlich ausübbarer Optionen wirtschaftlich 27.337.653 Aktien (51,2% auf ausgeübter Basis). Der Fusionsvertrag sieht eine IP-Restrukturierung vor dem Abschluss vor, die die überwiegende Mehrheit des geistigen Eigentums auf neu gegründete IPCo-Einheiten überträgt, den Verkauf von 51% von IPCo an Authentic und bis zu 19% an IPCo Holdings sowie eine Fusion, die das überlebende Unternehmen im Besitz bestimmter meldender Personen und des Managements belässt. Die meldenden Personen haben ein Voting and Support Agreement und ein Interim Investors Agreement abgeschlossen, die sie verpflichten, für die Fusion zu stimmen, Übertragungen zu beschränken, auf Bewertungsrechte (appraisal) zu verzichten und bei Transaktionen vor dem Abschluss zusammenzuarbeiten.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Row 11: Includes 348,157 shares of Common Stock that may be acquired upon the exercise of options exercisable within 60 days. Does not include an additional 869,118 restricted stock units subject to performance and time-based vesting restrictions. Includes (1) 4,663,979 shares that are also deemed to be beneficially owned by Maurice Marciano, (2) 900,000 shares that are also deemed to be beneficially owned by Michael Karlin, as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust, (3) 811,275 shares that are also deemed to be beneficially owned by Steven Lockshin, as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust, (4) 50,000 shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice & Paul Marciano Art Foundation, and (5) 509,671 shares that are also deemed to be beneficially owned by David Tordjman, as the trustee and adviser of the G2 Trust and Exempt G2 Trust. Row 13: Based on 52,074,269 shares of Common Stock of the Issuer, par value $0.01 ("Common Stock"), outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025 (plus an additional 348,157 shares that Paul Marciano has the right to acquire under existing stock option awards).


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 11: Includes (1) 4,663,979 shares that are also deemed to be beneficially owned by Paul Marciano, (2) 50,000 shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice & Paul Marciano Art Foundation and (3) 283,200 shares that are also deemed to be beneficially owned by Olivia Marciano and William F. Payne, as directors of the Maurice Marciano Family Foundation. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 11: Includes 948,157 shares of Common Stock that may be acquired upon the exercise of options exercisable within 60 days. Does not include an additional 327,578 restricted stock units subject to performance and time-based vesting restrictions. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025 (plus an additional 948,157 shares that Mr. Alberini has the right to acquire under existing stock option awards).


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 1: Michael Karlin is a Reporting Person in his capacity as the sole member of the tax committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust. Row 11: Includes (1) 349,491 shares that are also deemed to be beneficially owned by David Tordjman and (2) 900,000 shares that are also deemed to be beneficially owned by Paul Marciano. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 1: Steven Lockshin is a Reporting Person in his capacity as the sole member of the tax committee of Palma Fiduciary, LLC for the PM 2021 Exempt Trust. Row 11: Includes (1) 349,491 shares that are also deemed to be beneficially owned by David Tordjman and (2) 811,275 shares that are also deemed to be beneficially owned by Paul Marciano. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 1: Olivia Marciano is a Reporting Person in her capacities as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust II and as a director of the Maurice & Paul Marciano Art Foundation and the Maurice Marciano Family Foundation. Row 11: Includes (1) 50,000 shares that are also deemed to be beneficially owned by Paul Marciano and William F. Payne, as a director of the Maurice & Paul Marciano Art Foundation, and (2) 283,200 shares that are also deemed to be beneficially owned by Maurice Marciano and William F. Payne, as a director of the Maurice Marciano Family Foundation. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 1: William F. Payne is a Reporting Person in his capacities as the investment director for MM CRUT II LLC, as the sole member of the investment committee of Palma Fiduciary, LLC for the Maurice Marciano Charitable Remainder Unitrust, and as a director of the Maurice & Paul Marciano Art Foundation and the Maurice Marciano Family Foundation. Row 11: Includes (1) 50,000 shares that are also deemed to be beneficially owned by Paul Marciano, Maurice Marciano and Olivia Marciano, as a director of the Maurice & Paul Marciano Art Foundation, and (2) 283,200 shares that are also deemed to be beneficially owned by Maurice Marciano and Olivia Marciano, as a director of the Maurice Marciano Family Foundation. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 1: Mark Silah is a Reporting Person in his capacity as the investment director of MM CRUT LLC. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 1: David Tordjman is a Reporting Person in his capacities as the trustee and adviser of the G2 Trust and Exempt G2 Trust and as the sole member of the investment committee of Palma Fiduciary, LLC for the MM 2020 Exempt Trust and PM 2021 Exempt Trust. Row 11: Includes (1) 698,982 shares that are also deemed to be beneficially owned by Michael Karlin and Steven Lockshin and (2) 509,671 shares that are also deemed to be beneficially owned by Paul Marciano. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025.


SCHEDULE 13D




Comment for Type of Reporting Person:
Row 11: Includes 18,800 shares of Common Stock that may be acquired upon the exercise of options exercisable within 60 days. Does not include an additional 24,250 restricted stock units subject to time-based vesting restrictions. Row 13: Based on 52,074,269 shares of Common Stock outstanding on August 18, 2025, based on information disclosed in Exhibit 2.1 to the Issuer's Form 8-K filed with the SEC on August 20, 2025 (plus an additional 18,800 shares that Nicolai Marciano has the right to acquire under existing stock option awards).


SCHEDULE 13D


Paul Marciano
Signature:/s/ Paul Marciano
Name/Title:Paul Marciano, See Exhibit 99.7
Date:08/21/2025
Maurice Marciano
Signature:/s/ Paul Marciano
Name/Title:Maurice Marciano, by Paul Marciano, his Attorney-in-Fact, See Exhibit 99.7
Date:08/21/2025
Carlos Alberini
Signature:/s/ Carlos Alberini
Name/Title:Carlos Alberini, See Exhibit 99.7
Date:08/21/2025
Michael Karlin
Signature:/s/ Michael Karlin
Name/Title:Michael Karlin, See Exhibit 99.7
Date:08/21/2025
Steven Lockshin
Signature:/s/ Steven Lockshin
Name/Title:Steven Lockshin, See Exhibit 99.7
Date:08/21/2025
Olivia Marciano
Signature:/s/ Olivia Marciano
Name/Title:Olivia Marciano, See Exhibit 99.7
Date:08/21/2025
William F. Payne
Signature:/s/ William F. Payne
Name/Title:William F. Payne, See Exhibit 99.7
Date:08/21/2025
Mark Silah
Signature:/s/ Mark Silah
Name/Title:Marl Silah, See Exhibit 99.7
Date:08/21/2025
David Tordjman
Signature:/s/ David Tordjman
Name/Title:David Tordjman, See Exhibit 99.7
Date:08/21/2025
Nicolai Marciano
Signature:/s/ Nicolai Marciano
Name/Title:Nicolai Marciano, See Exhibit 99.7
Date:08/21/2025

FAQ

What is the cash purchase price under the Merger Agreement for Guess? (GES)?

The Merger Agreement provides $16.75 per share in cash for each share of common stock.

How much of Guess? does the Reporting Persons' group control?

The Reporting Persons represent 49.972% of outstanding shares per the Voting Agreement and beneficially own 27,337,653 shares (51.2% if exercisable options are included).

What is the IPCo restructuring described in the filing?

Prior to closing, the Issuer will transfer most intellectual property to newly formed IPCo entities; Authentic will acquire 51% of IPCo and IPCo Holdings may acquire up to 19%.

What voting commitments did the Reporting Persons make?

They agreed to vote in favor of the Merger Agreement, vote against opposing proposals, refrain from transfers without consent (subject to limited exceptions), and waive appraisal rights.

Are there agreements among investors governing the post-closing relationship?

Yes. The Reporting Persons (other than two individuals in specific capacities) entered an Interim Investors Agreement governing cooperation, allocations of expenses, and certain approval rights related to the Merger and Pre-Closing Restructuring.
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