Crown Castle Inc. Files 8-K with Material Agreement
Ticker: CCI · Form: 8-K · Filed: Mar 4, 2024 · CIK: 1051470
| Field | Detail |
|---|---|
| Company | Crown Castle INC. (CCI) |
| Form Type | 8-K |
| Filed Date | Mar 4, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, filing
Related Tickers: CCI
TL;DR
Crown Castle Inc. signed a material definitive agreement on March 3, 2024. Details to follow.
AI Summary
Crown Castle Inc. entered into a Material Definitive Agreement on March 3, 2024. The filing also includes financial statements and exhibits. The company is incorporated in Delaware and headquartered in Houston, Texas.
Why It Matters
This 8-K filing indicates a significant new agreement for Crown Castle Inc., which could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's future performance.
Key Players & Entities
- Crown Castle Inc. (company) — Registrant
- March 3, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Houston, Texas (location) — Principal executive offices
FAQ
What is the nature of the Material Definitive Agreement entered into by Crown Castle Inc.?
The filing states that Crown Castle Inc. entered into a Material Definitive Agreement on March 3, 2024, but the specific details of the agreement are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on March 3, 2024.
Where are Crown Castle Inc.'s principal executive offices located?
Crown Castle Inc.'s principal executive offices are located at 8020 Katy Freeway, Houston, Texas 77024-1908.
In which state is Crown Castle Inc. incorporated?
Crown Castle Inc. is incorporated in Delaware.
What is the Commission File Number for Crown Castle Inc.'s 8-K filing?
The Commission File Number for this 8-K filing is 001-16441.
Filing Stats: 1,271 words · 5 min read · ~4 pages · Grade level 12.1 · Accepted 2024-03-04 08:30:15
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value CCI New York Stock Exchange
Filing Documents
- eh240454086_8k.htm (8-K) — 33KB
- eh240454086_ex1001.htm (EX-10.1) — 34KB
- 0000950142-24-000618.txt ( ) — 244KB
- cci-20240303.xsd (EX-101.SCH) — 3KB
- cci-20240303_lab.xml (EX-101.LAB) — 33KB
- cci-20240303_pre.xml (EX-101.PRE) — 22KB
- eh240454086_8k_htm.xml (XML) — 3KB
01—ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
ITEM 1.01—ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT On March 3, 2024, Crown Castle Inc. (the "Company") entered into an amendment (the "Amendment") to that certain letter agreement, dated December 19, 2023 (the "Cooperation Agreement"), by and among Elliott Investment Management L.P., Elliott Associates, L.P. and Elliott International, L.P. (together, "Elliott") and the Company. The Amendment also implements corresponding changes to the charters of the Fiber Review Committee and the Chief Executive Officer Search Committee of the Board of Directors of the Company (the "Board"). The Amendment eliminates limitations on the size of the Board as well as the size of each of the Fiber Review Committee and the Chief Executive Officer Search Committee and expressly provides that the Board may change the size of the Board or either committee. The Amendment provides that Elliott will vote at the Company's 2024 Annual Meeting of Stockholders (the "2024 Annual Meeting") any Company common stock beneficially owned by it or certain of its affiliates pro rata in accordance with the vote of the other Company stockholders at the 2024 Annual Meeting on any matter submitted to a vote of Company stockholders, subject to certain exceptions. The Amendment further provides that if the Board determines in good faith after consulting with counsel that its fiduciary duties require recommending a vote "against" (or rescinding a recommendation "for") either or both of Jason Genrich and Sunit Patel (each, a "Specified Director"), then, among other things, the Board (i) may change its recommendation regarding either or both of the Specified Directors and (ii) will have no obligation to solicit proxies with respect to any Specified Director whom it is no longer recommending. Under such circumstances, Elliott will be permitted to solicit proxies in favor of any such Specified Director, make statements and announcements, and otherwise engage in communications with shareholders in connection w
01—FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01—FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit Index Exhibit No. Description 10.1 Amendment to Cooperation Agreement, between Crown Castle Inc., Elliott Investment Management L.P., Elliott Associates, L.P., and Elliott International, L.P., dated March 3, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document 3
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. CROWN CASTLE INC. By: /s/ Edward B. Adams, Jr. Name: Edward B. Adams, Jr. Title: Executive Vice President and General Counsel Date: March 4, 2024 4