Item 7.01. Regulation FD Disclosure
On December 24, 2020, Monitronics International, Inc. ("Monitronics" or the
"Company", doing business as Brinks Home Security™), issued a press release,
attached hereto as Exhibit 99.1, announcing it has acquired approximately 30,000
residential and small business and 8,000 large commercial alarm monitoring
contracts from Select Security totaling approximately $2.0 million in recurring
monthly revenue ("RMR"). Brinks Home Security will take ownership of the alarm
monitoring contracts through an earn out structure that includes a $10 million
upfront payment and a 50-month earn out period.
This Current Report on Form 8-K and the press release attached hereto as Exhibit
99.1 are being furnished to the SEC under Item 7.01 of Form 8-K in satisfaction
of the public disclosure requirements of Regulation FD and shall not be deemed
"filed" for any purpose.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. Description
99.1 Press Release issued by Monitronics International, Inc. on December
24, 2020
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