Adient Files 8-K on Operations & Financial Condition
Ticker: ADNT · Form: 8-K · Filed: Jan 22, 2024 · CIK: 1670541
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K
TL;DR
**Adient just dropped an 8-K on its financials, get ready for new numbers.**
AI Summary
Adient plc, a major automotive seating supplier, filed an 8-K on January 22, 2024, to report on its results of operations and financial condition. This filing, under the Securities Exchange Act of 1934, indicates that the company is providing an update on its financial performance. For investors, this matters because it signals that new financial information is available, which could impact their assessment of Adient's current health and future prospects, potentially influencing stock price movements.
Why It Matters
This filing indicates Adient is releasing new financial information, which is crucial for investors to evaluate the company's performance and make informed decisions about their stock.
Risk Assessment
Risk Level: low — This 8-K is a routine filing to update on financial condition, not announcing a specific adverse event.
Analyst Insight
A smart investor would look for the actual financial statements and results that this 8-K is likely preceding to understand the full impact on Adient's valuation.
Key Numbers
- $0.001 — Par value per Ordinary Share (This is the nominal value assigned to each share of Adient plc.)
Key Players & Entities
- Adient plc (company) — the registrant filing the 8-K
- January 22, 2024 (date) — date of earliest event reported and filing date
- 001-37757 (null) — Commission File Number for Adient plc
- Ireland (null) — State or Other Jurisdiction of Incorporation for Adient plc
- ADNT (null) — Trading symbol for Adient plc Ordinary Shares
- New York Stock Exchange (null) — exchange where Adient plc Ordinary Shares are registered
- $0.001 (dollar_amount) — par value of Adient plc Ordinary Shares
Forward-Looking Statements
- Adient plc will release detailed financial statements and operational results soon. (Adient plc) — high confidence, target: Q1 2024 earnings call
FAQ
What is the primary purpose of Adient plc's 8-K filing on January 22, 2024?
The primary purpose of Adient plc's 8-K filing on January 22, 2024, is to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per the 'ITEM INFORMATION' section of the filing.
What is Adient plc's trading symbol and on which exchange are its securities registered?
Adient plc's trading symbol is ADNT, and its Ordinary Shares are registered on the New York Stock Exchange, as stated under 'Securities registered pursuant to Section 12(b) of the Act'.
What is the state or jurisdiction of incorporation for Adient plc?
Adient plc's state or jurisdiction of incorporation is Ireland, as indicated in the filing under 'State or Other Jurisdiction of Incorporation'.
What is the par value of Adient plc's Ordinary Shares?
The par value of Adient plc's Ordinary Shares is $0.001, as specified in the 'Title of class' section for 'Ordinary Shares'.
Is Adient plc considered an emerging growth company according to this filing?
No, Adient plc is not considered an emerging growth company, as indicated by the unchecked box next to 'Emerging growth company' in the filing.
Filing Stats: 525 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-01-22 08:28:01
Key Financial Figures
- $0.001 — registered Ordinary Shares, par value $0.001 ADNT New York Stock Exchange Check th
Filing Documents
- adnt-20240122.htm (8-K) — 24KB
- a01222024exhibit991.htm (EX-99.1) — 18KB
- image.jpg (GRAPHIC) — 4KB
- image1.jpg (GRAPHIC) — 9KB
- 0001670541-24-000015.txt ( ) — 223KB
- adnt-20240122.xsd (EX-101.SCH) — 2KB
- adnt-20240122_def.xml (EX-101.DEF) — 15KB
- adnt-20240122_lab.xml (EX-101.LAB) — 29KB
- adnt-20240122_pre.xml (EX-101.PRE) — 16KB
- adnt-20240122_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 22, 2024, Adient plc ("Adient" or the "Company") issued a news release announcing certain unaudited preliminary financial results for the first quarter ended December 31, 2023. The news release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information contained in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. EXHIBIT INDEX Exhibit No. Exhibit Description 99.1 Adient plc News Release dated January 22, 2024 104 Cover Page Interactive Data File (the Cover Page Interactive Data File is embedded within the Inline XBRL document). SIGNATURE 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. ADIENT PLC Date: January 22, 2024 By: /s/ Heather M. Tiltmann Name: Heather M. Tiltmann Title: Executive Vice President, Chief Legal and Human Resources Officer, and Corporate Secretary