Item 8.01. Other Events. OnDecember 31, 2021 ,Maravai LifeSciences Holdings, Inc. , aDelaware corporation (the "Company"), entered into a Cash Contribution, Exchange and Forfeiture Agreement (the "Contribution Agreement"), dated as ofDecember 31, 2021 , by and among the Company,Maravai Topco Holdings, LLC , aDelaware limited liability company ("Topco"), andMaravai Life Sciences Holdings, LLC , aDelaware limited liability company and affiliate of the Company ("MLSH 1"). Pursuant to the Contribution Agreement, the Company contributed$110 million to Topco in exchange for 2,732,919 newly-issued units (the "Common Units") of Topco at a price per unit of$40.25 , such price being equal to the 50-day Volume-Weighted Average Price of the Company's publicly-traded Class A common stock, par value$0.01 per share (the "Class A Common Stock"), as calculated onDecember 31, 2021 . Immediately following the foregoing contribution, in order to maintain the 1:1 ratio of the Company's Class A Common Stock to Common Units held by the Company, each of the Company and MLSH 1 agreed to forfeit 2.036% of their respective Common Units of Topco, resulting in the Company's forfeiture of 2,732,919 Common Units and MLSH 1's forfeiture of 2,570,415 Common Units and an equal number of shares of the Company's Class B common stock, par value$0.01 per share (the "Class B Common Stock"), for no consideration. The purpose of the Contribution Agreement is to reduce the excess cash that has accumulated at the Company as a result of its "Up-C" structure and the quarterly tax distributions it has received from Topco since its initial public offering, making that cash accessible to our operating companies. Prior to these transactions, (i) the holders of the Company's Class A Common Stock had 51.0% of the voting power in the Company, (ii) MLSH 1, through ownership of the Company's Class B Common Stock, had 49.0% of the voting power of the Company, (iii) MLSH 1 owned 49.0% of the outstanding Common Units of Topco, and (iv) the Company owned 51.0% of the outstanding Common Units of Topco. As a result of these transactions, the resultant control and ownership percentages have each adjusted approximately 0.5% as follows: (i) the holders of the Company's Class A Common Stock have 51.5% of the voting power in the Company, (ii) MLSH 1 has 48.5% of the voting power of the Company, (iii) MLSH 1 owns 48.5% of the outstanding Common Units of Topco, and (iv) the Company owns 51.5% of the outstanding Common Units of Topco. Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibit Cover Page Interactive Data File (embedded within the Inline XBRL 104 document)
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