Coherent Corp. Enters Material Definitive Agreement
Ticker: COHR · Form: 8-K · Filed: Apr 3, 2024 · CIK: 820318
Sentiment: neutral
Topics: definitive-agreement, financial-obligation
TL;DR
Coherent Corp. just signed a big financial deal, filing an 8-K.
AI Summary
On April 2, 2024, Coherent Corp. entered into a material definitive agreement related to a direct financial obligation. The company, formerly known as II-VI Inc., is incorporated in Pennsylvania and its principal executive offices are located at 375 Saxonburg Boulevard, Saxonburg, PA 16056.
Why It Matters
This filing indicates a significant financial commitment or obligation for Coherent Corp., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and financial obligations can introduce financial risks and operational changes that warrant investor attention.
Key Numbers
- 001-39375 — Commission File Number (SEC filing identifier for Coherent Corp.)
- 25-1214948 — I.R.S. Employer Identification No. (Tax identification number for Coherent Corp.)
Key Players & Entities
- Coherent Corp. (company) — Registrant
- II-VI Inc. (company) — Former company name
- Pennsylvania (jurisdiction) — State of Incorporation
- 375 Saxonburg Boulevard, Saxonburg, Pennsylvania 16056 (location) — Principal Executive Offices
- April 2, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Coherent Corp. enter into?
The filing states that the agreement is related to a 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant'.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on April 2, 2024.
What was Coherent Corp.'s former name?
Coherent Corp. was formerly known as II-VI Inc.
In which state is Coherent Corp. incorporated?
Coherent Corp. is incorporated in Pennsylvania.
What is the business address of Coherent Corp.?
The business address is 375 Saxonburg Boulevard, Saxonburg, Pennsylvania 16056.
Filing Stats: 712 words · 3 min read · ~2 pages · Grade level 9.8 · Accepted 2024-04-02 18:33:54
Key Financial Figures
- $2,435,625,000.00 — Agent. Pursuant to the Amendment, the $2,435,625,000.00 in aggregate principal amount of term B
Filing Documents
- d794721d8k.htm (8-K) — 27KB
- d794721dex101.htm (EX-10.1) — 1345KB
- 0001193125-24-085009.txt ( ) — 1804KB
- cohr-20240402.xsd (EX-101.SCH) — 3KB
- cohr-20240402_lab.xml (EX-101.LAB) — 17KB
- cohr-20240402_pre.xml (EX-101.PRE) — 11KB
- d794721d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits Exhibit No. Description 10.1 Amendment No. 2 to Credit Agreement, dated April 2, 2024, among Coherent Corp., JPMorgan Chase Bank, N.A., as administrative agent, the lenders party thereto and the other parties party thereto. 104.0 Cover Page Interactive Data File (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. Coherent Corp. Date: April 2, 2024 By: /s/ Ronald Basso Ronald Basso Chief Legal and Compliance Officer & Corporate Secretary