Adobe Inc. Signs Material Definitive Agreement
Ticker: ADBE · Form: 8-K · Filed: Jan 17, 2025 · CIK: 796343
| Field | Detail |
|---|---|
| Company | Adobe Inc. (ADBE) |
| Form Type | 8-K |
| Filed Date | Jan 17, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.0001, $800,000,000, $700,000,000, $500,000,000, $1.99 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, definitive-agreement
TL;DR
Adobe signed a big deal Jan 14, details TBD.
AI Summary
Adobe Inc. entered into a Material Definitive Agreement on January 14, 2025. The filing does not disclose the specific details of this agreement, only that it is a significant contract. Further information regarding the nature and terms of this agreement is not provided in this initial 8-K filing.
Why It Matters
This filing indicates Adobe has entered a significant new contract, which could impact future revenue streams or strategic direction, though details are currently undisclosed.
Risk Assessment
Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its potential impact on Adobe's business and financials.
Key Players & Entities
- Adobe Inc. (company) — Registrant
- January 14, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the Material Definitive Agreement entered into by Adobe Inc. on January 14, 2025?
The filing does not specify the nature of the Material Definitive Agreement, only that one was entered into on January 14, 2025.
What is the significance of the 'Entry into a Material Definitive Agreement' item in this 8-K filing?
This item signifies that Adobe Inc. has entered into a contract that is considered 'material' to the company's business, meaning it is important and could have a significant impact.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 14, 2025.
What is Adobe Inc.'s principal executive office address?
Adobe Inc.'s principal executive offices are located at 345 Park Avenue, San Jose, California 95110-2704.
Does this 8-K filing provide any financial statements or exhibits?
Yes, the filing indicates 'Financial Statements and Exhibits' as an item, though the specific content of these exhibits is not detailed in the provided text.
Filing Stats: 1,347 words · 5 min read · ~4 pages · Grade level 9.3 · Accepted 2025-01-17 16:05:22
Key Financial Figures
- $0.0001 — nge on Which Registered Common Stock, $0.0001 par value per share ADBE NASDAQ In
- $800,000,000 — r the issuance and sale by Adobe of (i) $800,000,000 aggregate principal amount of 4.750% No
- $700,000,000 — Notes due 2028 (the "2028 Notes"), (ii) $700,000,000 aggregate principal amount of 4.950% No
- $500,000,000 — s due 2030 (the "2030 Notes") and (iii) $500,000,000 aggregate principal amount of 5.300% No
- $1.99 billion — he sale of the Notes were approximately $1.99 billion after deducting underwriting discounts
Filing Documents
- d856773d8k.htm (8-K) — 32KB
- d856773dex11.htm (EX-1.1) — 176KB
- d856773dex41.htm (EX-4.1) — 305KB
- d856773dex42.htm (EX-4.2) — 144KB
- d856773dex51.htm (EX-5.1) — 25KB
- 0001193125-25-008409.txt ( ) — 950KB
- adbe-20250114.xsd (EX-101.SCH) — 3KB
- adbe-20250114_lab.xml (EX-101.LAB) — 17KB
- adbe-20250114_pre.xml (EX-101.PRE) — 11KB
- d856773d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 1.1 Underwriting Agreement, dated January 14, 2025, by and among Adobe Inc. and J.P. Morgan Securities LLC, BofA Securities, Inc., SG Americas Securities, LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters. 4.1 Indenture, dated January 17, 2025, between Adobe Inc. and Computershare Trust Company, N.A., as trustee. 4.2 Officer's Certificate of Adobe Inc. dated January 17, 2025. 4.3 Form of Global Note representing the 2028 Notes (included in Exhibit 4.2). 4.4 Form of Global Note representing the 2030 Notes (included in Exhibit 4.2). 4.5 Form of Global Note representing the 2035 Notes (included in Exhibit 4.2). 5.1 Opinion of Skadden, Arps, Slate, Meagher & Flom LLP. 23.1 Consent of Skadden, Arps, Slate, Meagher & Flom LLP (included in Exhibit 5.1). 104 Cover Page Interactive Data File (the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document).
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: January 17, 2025 ADOBE INC. By: /s/ Daniel Durn Daniel Durn Chief Financial Officer and Executive Vice President, Finance, Technology, Security and Operations