Boeing Enters Material Definitive Agreement
Ticker: BA-PA · Form: 8-K · Filed: Jul 1, 2024 · CIK: 12927
| Field | Detail |
|---|---|
| Company | Boeing Co (BA-PA) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | medium |
| Pages | 11 |
| Reading Time | 14 min |
| Key Dollar Amounts | $5.00, $0.01, $5, $149.00 b, $206 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, regulation-fd, financial-statements
Related Tickers: BA
TL;DR
Boeing signed a big deal on 6/30, filing details today.
AI Summary
On June 30, 2024, The Boeing Company entered into a Material Definitive Agreement. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits. Boeing's principal executive offices are located at 929 Long Bridge Drive, Arlington, VA 22202.
Why It Matters
This filing indicates a significant new agreement for Boeing, which could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can carry inherent risks related to contract fulfillment, financial obligations, and market reception.
Key Players & Entities
- The Boeing Company (company) — Registrant
- June 30, 2024 (date) — Date of earliest event reported
- July 1, 2024 (date) — Date of Report
- 929 Long Bridge Drive, Arlington, VA 22202 (location) — Principal executive offices
FAQ
What type of Material Definitive Agreement did Boeing enter into?
The filing states that Boeing entered into a Material Definitive Agreement on June 30, 2024, but does not specify the nature of the agreement in the provided text.
What is the significance of the Regulation FD Disclosure?
Regulation FD Disclosure ensures that material non-public information is broadly disseminated to the public, preventing selective disclosure.
What are Boeing's principal executive offices?
Boeing's principal executive offices are located at 929 Long Bridge Drive, Arlington, VA 22202.
When was the report filed?
The report was filed on July 1, 2024.
What is Boeing's fiscal year end?
Boeing's fiscal year ends on December 31.
Filing Stats: 3,448 words · 14 min read · ~11 pages · Grade level 17.6 · Accepted 2024-07-01 06:06:32
Key Financial Figures
- $5.00 — nge on which registered Common Stock, $5.00 Par Value BA New York Stock Exchang
- $0.01 — hare of Class A common stock, par value $0.01 per share, of Spirit (" Spirit Common S
- $5 — he Company's Common Stock, par value of $5 per share (" Company Common Stock " and
- $149.00 b — Boeing Stock Price "), is greater than $149.00 but less than $206.94, the quotient obtai
- $206 — , is greater than $149.00 but less than $206.94, the quotient obtained by dividing $
- $37.25 b — 6.94, the quotient obtained by dividing $37.25 by the Boeing Stock Price, rounded to fou
- $149 — ng Stock Price is equal to or less than $149.00, 0.2500 (the " Merger Consideration
- $150 million — to pay the Company a termination fee of $150 million if the Merger Agreement is terminated u
- $300 million — ired to pay Spirit a termination fee of $300 million if the Merger Agreement is terminated b
Filing Documents
- d838733d8k.htm (8-K) — 50KB
- d838733dex21.htm (EX-2.1) — 534KB
- d838733dex991.htm (EX-99.1) — 24KB
- d838733dex992.htm (EX-99.2) — 15KB
- g838733ex99_2p1g1.jpg (GRAPHIC) — 190KB
- g838733ex99_2p2g1.jpg (GRAPHIC) — 851KB
- g838733ex99_2p3g1.jpg (GRAPHIC) — 769KB
- g838733ex99_2p4g1.jpg (GRAPHIC) — 326KB
- g838733ex99_2p5g1.jpg (GRAPHIC) — 414KB
- g838733ex99_2p6g1.jpg (GRAPHIC) — 119KB
- g838733g0701084854430.jpg (GRAPHIC) — 7KB
- 0001193125-24-172676.txt ( ) — 4574KB
- ba-20240630.xsd (EX-101.SCH) — 3KB
- ba-20240630_lab.xml (EX-101.LAB) — 17KB
- ba-20240630_pre.xml (EX-101.PRE) — 11KB
- d838733d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 2.1 Agreement and Plan of Merger, dated June 30, 2024, by and among Spirit AeroSystems Holdings, Inc., The Boeing Company and Sphere Acquisition Corp.* 99.1 Press Release, dated July 1, 2024, issued by The Boeing Company. 99.2 Investor Presentation, dated July 1, 2024, issued by The Boeing Company. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Certain schedules have been omitted pursuant to item 601(a)(5) of Regulation S-K. The registrant will provide a copy of omitted schedule to the SEC upon request. 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. Date: July 1, 2024 THE BOEING COMPANY By: /s/ John C. Demers Name: John C. Demers Title: Vice President, Assistant General Counsel and Corporate Secretary