Barnes & Noble Education Enters Material Agreement
Ticker: BNED · Form: 8-K · Filed: Dec 20, 2024 · CIK: 1634117
Sentiment: neutral
Topics: material-agreement, filing-update
TL;DR
B&N Education just signed a big deal, details to come.
AI Summary
On December 20, 2024, Barnes & Noble Education, Inc. filed an 8-K to report the entry into a material definitive agreement. The filing also includes financial statements and exhibits related to this agreement. Specific details of the agreement, including parties involved and financial terms, are not fully disclosed in the provided text but are indicated as material.
Why It Matters
This filing indicates a significant new contract or partnership for Barnes & Noble Education, which could impact its future financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing signals a material event, but the lack of specific details about the agreement introduces uncertainty regarding its precise impact.
Key Players & Entities
- Barnes & Noble Education, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of Incorporation
- 001-37499 (company_id) — SEC File Number
- 46-0599018 (company_id) — I.R.S. Employer Identification No.
- 120 Mountain View Blvd (address) — Principal executive offices
- Basking Ridge (location) — City of principal executive offices
- NJ (location) — State of principal executive offices
- 07920 (zip_code) — Zip code of principal executive offices
- (908) 991-2665 (phone_number) — Registrant's telephone number
- December 20, 2024 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement entered into by Barnes & Noble Education, Inc.?
The filing states that Barnes & Noble Education, Inc. entered into a material definitive agreement, but the specific details of this agreement are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on December 20, 2024.
What is the principal executive office address for Barnes & Noble Education, Inc.?
The principal executive office address is 120 Mountain View Blvd, Basking Ridge, NJ 07920.
Under which section of the Securities Exchange Act of 1934 is this Form 8-K filed?
This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the SIC code for Barnes & Noble Education, Inc.?
The Standard Industrial Classification (SIC) code for Barnes & Noble Education, Inc. is 5940, which corresponds to RETAIL-MISCELLANEOUS SHOPPING GOODS STORES.
Filing Stats: 943 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2024-12-20 09:17:28
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share BNED New York S
- $40.0 m — ng an aggregate offering price of up to $40.0 million, from time to time, through an "a
Filing Documents
- d913850d8k.htm (8-K) — 29KB
- d913850dex11.htm (EX-1.1) — 209KB
- d913850dex51.htm (EX-5.1) — 5KB
- 0001193125-24-282579.txt ( ) — 421KB
- bned-20241220.xsd (EX-101.SCH) — 3KB
- bned-20241220_lab.xml (EX-101.LAB) — 17KB
- bned-20241220_pre.xml (EX-101.PRE) — 11KB
- d913850d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. 1.1 At-the-Market Sales Agreement, dated December 20, 2024, between Barnes & Noble Education, Inc. and BTIG, LLC. 5.1 Opinion of Pillsbury Winthrop Shaw Pittman LLP. 23.1 Consent of Pillsbury Winthrop Shaw Pittman LLP (included in Exhibit 5.1). 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. BARNES & NOBLE EDUCATION, INC. Date: December 20, 2024 By: /s/ Jonathan Shar Name: Jonathan Shar Title: Chief Executive Officer