MultiPlan Corp. Files 8-K for Financial Statements

TL;DR

MPLN filed an 8-K for financial docs, nothing new to see here.

AI Summary

MultiPlan Corp. filed an 8-K on January 27, 2025, reporting an event on January 24, 2025. The filing is primarily for financial statements and exhibits, with no specific material event detailed in the provided text. The company, formerly known as Churchill Capital Corp III, is incorporated in Delaware and headquartered in New York.

Why It Matters

This filing indicates MultiPlan Corp. is submitting required financial documentation to the SEC, which is standard for public companies but provides no new operational or strategic information.

Risk Assessment

Risk Level: low — The filing is a routine submission of financial statements and exhibits, not indicating any new risks or material changes.

Key Numbers

• 001-39228 — SEC File Number (Identifier for MultiPlan Corp.'s filings)
• 84-3536151 — IRS Employer Identification No. (Tax identification for MultiPlan Corp.)

Key Players & Entities

• MultiPlan Corp. (company) — Registrant
• Churchill Capital Corp III (company) — Former company name
• January 24, 2025 (date) — Earliest event date
• January 27, 2025 (date) — Report date
• 115 Fifth Avenue New York , New York 10003 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.0001 — tered Shares of Class A Common Stock, $0.0001 par value per share MPLN New York Stoc
• $1,043,941,000 — Old Notes outstanding, as follows: (i) $1,043,941,000 with respect to the Existing Secured No
• $974,517,000 — ncipal amount thereof outstanding, (ii) $974,517,000 with respect to the Existing Unsecured
• $1,253,470,000 — l amount thereof outstanding, and (iii) $1,253,470,000 with respect to the Existing Convertibl
• $1,273,989,487.50 — from eligible holders of approximately $1,273,989,487.50 Existing Term Loans, representing appro

Filing Documents

• mpln-20250124.htm (8-K) — 39KB
• exhibit991expirationpressr.htm (EX-99.1) — 45KB
• imagea.jpg (GRAPHIC) — 8KB
• 0001793229-25-000004.txt ( ) — 229KB
• mpln-20250124.xsd (EX-101.SCH) — 2KB
• mpln-20250124_lab.xml (EX-101.LAB) — 21KB
• mpln-20250124_pre.xml (EX-101.PRE) — 12KB
• mpln-20250124_htm.xml (XML) — 3KB

01 Other Events

Item 8.01 Other Events. On January 24, 2025, MultiPlan Corporation ("MultiPlan" or the "Company") announced the expiration and results of the previously announced separate offers to exchange (each an "Exchange Offer" and, together, the "Exchange Offers") (i) 5.50% Senior Secured Notes due 2028 issued by MPH Acquisition Holdings LLC ("MPH") (the "Existing Secured Notes") for a portion of (a) new "first-out" first lien term loans to be issued by MPH (the "New First-Out First Lien Term Loans"), (b) new "second-out" 6.50% cash & 5.00% PIK first lien notes due 2030 to be issued by MPH (the "New Second-Out First Lien A Notes") and (c) new "second-out" 5.75% first lien notes due 2030 to be issued by MPH (the "New Second-Out First Lien B Notes" and, together with the New Second-Out First Lien A Notes, the "New Second-Out First Lien Notes") (collectively, the "Existing Secured Notes Exchange Offer"); (ii) 5.750% Senior Notes due 2028 issued by MPH (the "Existing Unsecured Notes") for a portion of (a) New Second-Out First Lien A Notes, (b) New Second-Out First Lien B Notes and (c) new "third-out" 6.00% cash & 0.75% PIK first lien notes due 2031 to be issued by MPH (the "New Third-Out First Lien A Notes") (collectively, the "Existing Unsecured Notes Exchange Offer"); (iii) 6.00% / 7.00% Convertible Senior PIK Toggle Notes due 2027 issued by MultiPlan (the "Existing Convertible Notes," and, collectively with the Existing Secured Notes and the Existing Unsecured Notes, the "Old Notes") for a portion of (a) New Second-Out First Lien A Notes, (b) New Second-Out First Lien B Notes and (c) new "third-out" 6.00% cash & 0.75% PIK first lien notes due 2031 to be issued by MultiPlan (the "New Third-Out First Lien B Notes" and, together with the New Third-Out First Lien A Notes, the "New Third-Out First Lien Notes" and, such New Third-Out First Lien Notes and New Second-Out First Lien Notes, collectively, the "New Notes") (collectively, the "Existing Convertible Notes Exchange Offer");

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are included in this Form 8-K: 99.1 Press Release announcing the Expiration and Final Results of the Exchange Offers, dated as of January 2 7 , 2025. 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded in the Inline XBRL document). No Offer or Solicitation This Current Report is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote, consent or approval in any jurisdiction in connection with the issuance of New Debt, the Exchange Offers, the Consent Solicitations or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction in contravention of applicable law. In particular, this communication is not an offer of securities for sale into the United States. No offer of securities shall be made in the United States absent registration under the Securities Act or pursuant to an exemption from, or in a transaction not subject to, such registration requirements.

Forward-Looking Statements

Forward-Looking Statements This Current Report includes statements that express our management's opinions, expectations, beliefs, plans, objectives, assumptions, or projections regarding future events or future results and therefore are, or may be deemed to be, "forward-looking statements". These forward-looking statements can generally be identified by the use of forward-looking terminology, including the terms "believes," "estimates," "anticipates," "expects," "seeks," "projects," "forecasts," "intends," "plans," "may," "will," or "should" or, in each case, their negative or other variations or comparable terminology. These forward-looking statements include all matters that are not historical facts, including the discussion of financial outlook and guidance, changes to our sales efforts, our stakeholder engagement strategies, and other operational enhancements, and our long-term prospects, including growth. Such forward-looking statements are based on available current market information and management's expectations, beliefs and forecasts concerning future events impacting the business. Although we believe that these forward-looking statements are based on reasonable assumptions at the time they are made, you should be aware that these forward-looking statements involve a number of risks, uncertainties (some of which are beyond our control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These factors include, but are not limited to: our ability to consummate the Exchange Offers and the Consent Solicitations; our ability to execute and realize the expected benefits of the Exchange Offers and Consent Solicitations; the impact of the Exchange Offers and Consent Solicitations on the market price of our securities; litigation, including the outcome of any legal proceedings that may be instituted against us or others relating to the Exchange Offers and C

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. Dated: January 27, 2025 MultiPlan Corporation By: /s/ Douglas Garis Name: Douglas Garis Title: Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR