Advantage Solutions Inc-A 2024年度报告

☒ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGEACT OF 1934 For the Fiscal Year Ended December 31, 2024 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 For the transition period fromto Commission File Number: 001-38990 Advantage Solutions Inc.(Exact name of registrant as specified in its charter) 83-4629508(I.R.S. EmployerIdentification Number) Delaware(State or other jurisdiction ofincorporation or organization) 8001 Forsyth Blvd, Suite 1025Clayton, Missouri 63105(Address of principal executive offices) (314) 655-9333(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Class A common stock, $0.0001 par valueper shareWarrants exercisable for one share ofClass A common stock at an exerciseprice of $11.50 Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act.YES☐NO☒ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act.YES☐NO☒ Indicate by check mark whether the Registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.YES☒NO☐ Indicate by check mark whether the Registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theRegistrant was required to submit such files).YES☒NO☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Accelerated filer☒Smaller reporting company☐Emerging growth company☐ Large accelerated filer☐Non-accelerated filer☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Indicate by check mark whether the Registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YES☐NO☒ As of June 30, 2024, the last business day of the registrant’s most recently completed second fiscal quarter, the aggregate market valueof the voting and non-voting common stock held by non-affiliates, computed by reference to the closing sales price of $3.22 reportedon the Nasdaq Global Select Market, was approximately $309 million. As of March 5, 2025, there were 321,408,856 shares of the registrant’s common stock, $0.0001 par value per share, issued andoutstanding. DOCUMENTS INCORPORATED BY REFERENCE Portions of the registrant’s Definitive Proxy Statement for the 2025 Annual Meeting of Stockholders, which will be filed with theSecurities and Exchange Commission within 120 days after the end of the registrant’s fiscal year ended December 31, 2024, areincorporated by reference in Part III of this report to the extent stated. Advantage Solutions Inc. TABLE OF CONTENTS PART I Item 1. Business...............................................................................................................................................................................2Item 1A. Risk Factors ......................................................................................................................................................................6Item 1B. Unresolved Staff Comments.............................................................................................................................................27Item 1C. Cybersecurity .....