Dell Technologies Reports Unregistered Equity Sale
Ticker: DELL · Form: 8-K · Filed: Jul 12, 2024 · CIK: 1571996
| Field | Detail |
|---|---|
| Company | Dell Technologies INC. (DELL) |
| Form Type | 8-K |
| Filed Date | Jul 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: equity-sale, unregistered-securities
Related Tickers: DELL
TL;DR
Dell sold some stock off-market, details TBD.
AI Summary
On July 8, 2024, Dell Technologies Inc. filed an 8-K report detailing the unregistered sale of equity securities. The filing indicates a transaction involving the company's equity, though specific details regarding the nature, amount, or recipients of the sale were not elaborated upon in the provided excerpt.
Why It Matters
This filing signals a transaction involving Dell's equity outside of public markets, which could have implications for share structure and investor ownership.
Risk Assessment
Risk Level: medium — Unregistered sales of equity can sometimes indicate unusual corporate activity or potential future dilution, requiring closer examination of the transaction's specifics.
Key Players & Entities
- Dell Technologies Inc. (company) — Registrant
- July 8, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-37867 (identifier) — Commission File Number
- 80-0890963 (identifier) — IRS Employer Identification No.
- One Dell Way, Round Rock, Texas 78682 (address) — Address of principal executive offices
- (800) 289-3355 (phone_number) — Registrant's telephone number
FAQ
What specific type of equity securities were sold?
The provided excerpt does not specify the type of equity securities sold, only that it was an unregistered sale of equity securities.
To whom were these equity securities sold?
The filing excerpt does not disclose the identity of the purchasers of the unregistered equity securities.
What was the total dollar amount of the unregistered equity sale?
The provided text does not contain information about the dollar amount of the unregistered equity sale.
What is the purpose of this unregistered sale of equity securities?
The excerpt does not state the purpose behind Dell Technologies Inc.'s unregistered sale of equity securities.
Are there any exemptions from registration being relied upon for this sale?
The filing indicates an 'Unregistered Sales of Equity Securities' under Item 3.02, but the specific exemption relied upon is not detailed in this excerpt.
Filing Stats: 702 words · 3 min read · ~2 pages · Grade level 11.1 · Accepted 2024-07-12 16:31:29
Key Financial Figures
- $0.01 — stered Class C Common Stock, par value $0.01 per share DELL New York Stock Excha
Filing Documents
- d854251d8k.htm (8-K) — 24KB
- 0001193125-24-178608.txt ( ) — 139KB
- dell-20240708.xsd (EX-101.SCH) — 3KB
- dell-20240708_lab.xml (EX-101.LAB) — 17KB
- dell-20240708_pre.xml (EX-101.PRE) — 11KB
- d854251d8k_htm.xml (XML) — 3KB
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. Date: July 12, 2024 Dell Technologies Inc. By: /s/ Christopher A. Garcia Christopher A. Garcia Senior Vice President and Assistant Secretary (Duly Authorized Officer)