ARGAN Files 8-K for General Event on Jan 18, No New Material Info
Ticker: AGX · Form: 8-K · Filed: Jan 18, 2024 · CIK: 100591
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, other-events, compliance
TL;DR
**ARGAN's 8-K is a routine filing, no major news.**
AI Summary
ARGAN, INC. filed an 8-K on January 18, 2024, under Item 8.01, "Other Events." This filing primarily serves to formally report the date of an event that occurred on January 18, 2024, and does not disclose new financial results, acquisitions, or significant operational changes. For investors, this filing is largely administrative, confirming the company's adherence to SEC reporting requirements for general events, but it doesn't provide new information that would directly impact stock valuation or investment decisions. It simply states the date of the earliest event reported as January 18, 2024.
Why It Matters
This filing is largely administrative, indicating ARGAN, INC. is complying with SEC reporting requirements for general events, but it doesn't contain new material information that would directly affect the stock price or investment thesis.
Risk Assessment
Risk Level: low — The filing is administrative and does not disclose any new risks or significant events that would impact the company's operations or financial health.
Analyst Insight
A smart investor would note this filing as routine compliance and not indicative of any new material information requiring immediate action or re-evaluation of ARGAN, INC. stock.
Key Players & Entities
- ARGAN, INC. (company) — the registrant filing the 8-K
- January 18, 2024 (date) — Date of Earliest Event Reported
- Delaware (company) — State of Incorporation for ARGAN, INC.
- 001-31756 (dollar_amount) — Commission File Number
- 13-1947195 (dollar_amount) — IRS Employer Identification No.
FAQ
What is the purpose of this 8-K filing by ARGAN, INC.?
This 8-K filing by ARGAN, INC. is a 'Current Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934' and falls under 'Item 8.01 Other Events', indicating it's for reporting general events that are not covered by other specific 8-K items.
What is the 'Date of Earliest Event Reported' in this filing?
The 'Date of Earliest Event Reported' in this filing is January 18, 2024.
What is ARGAN, INC.'s state of incorporation?
ARGAN, INC.'s state of incorporation is Delaware, as stated in the filing.
What is the Commission File Number for ARGAN, INC.?
The Commission File Number for ARGAN, INC. is 001-31756, according to the filing.
Does this 8-K filing contain any financial results or significant operational changes?
No, this 8-K filing, categorized under 'Item 8.01 Other Events,' does not disclose any financial results, acquisitions, or significant operational changes; it primarily reports the date of an event.
Filing Stats: 425 words · 2 min read · ~1 pages · Grade level 11.5 · Accepted 2024-01-18 10:18:00
Key Financial Figures
- $0.15 — e on Which Registered: Common Stock, $0.15 Par Value AGX New York Stock Exchan
Filing Documents
- agx-20240118x8k.htm (8-K) — 44KB
- 0001558370-24-000352.txt ( ) — 161KB
- agx-20240118.xsd (EX-101.SCH) — 3KB
- agx-20240118_lab.xml (EX-101.LAB) — 16KB
- agx-20240118_pre.xml (EX-101.PRE) — 10KB
- agx-20240118x8k_htm.xml (XML) — 5KB
01. Other Events
Item 8.01. Other Events. On January 5, 2024, Gemma Power Systems ("Gemma"), a wholly owned subsidiary of Argan, Inc., received full notices to proceed with engineering, procurement and construction services for two solar and battery projects. Under a limited notice to proceed, as previously disclosed, Gemma had commenced early engineering and design activities as well as procurement of major equipment related to these projects. The two projects will represent 112 MW of electrical power and 16 MWh of energy storage.
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. ARGAN, INC. Date: January 18, 2024 By: /s/ Richard H. Deily Richard H. Deily Senior Vice President, Chief Financial Officer, Treasurer and Corporate Secretary