Dolby Laboratories Enters Material Agreement, Reports Financials
Ticker: DLB · Form: 8-K · Filed: Nov 19, 2024 · CIK: 1308547
| Field | Detail |
|---|---|
| Company | Dolby Laboratories, INC. (DLB) |
| Form Type | 8-K |
| Filed Date | Nov 19, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.001, $250,000,000, $150,000,000, $0.33 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-condition, financial-obligation
TL;DR
Dolby Labs inked a big deal and dropped financials, watch for new obligations.
AI Summary
On November 14, 2024, Dolby Laboratories, Inc. entered into a material definitive agreement. The company also reported its results of operations and financial condition. This filing indicates the creation of a direct financial obligation or an off-balance sheet arrangement for the registrant.
Why It Matters
This filing signals a significant business development for Dolby Laboratories, potentially impacting its financial obligations and operational performance.
Risk Assessment
Risk Level: medium — The filing details a material definitive agreement and potential financial obligations, which could introduce new risks or opportunities for the company.
Key Players & Entities
- Dolby Laboratories, Inc. (company) — Registrant
- November 14, 2024 (date) — Date of earliest event reported
- 1275 Market Street San Francisco , CA 94103-1410 (address) — Principal executive offices
- 415 558 0200 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by Dolby Laboratories?
The filing indicates the entry into a material definitive agreement but does not specify its nature in the provided text.
What are the key highlights of Dolby Laboratories' results of operations and financial condition reported?
The filing states that results of operations and financial condition are reported, but specific details are not included in the provided text.
What type of financial obligation or off-balance sheet arrangement was created?
The filing mentions the creation of a direct financial obligation or an off-balance sheet arrangement, but the specifics are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on November 14, 2024.
What is Dolby Laboratories' principal executive office address?
Dolby Laboratories' principal executive offices are located at 1275 Market Street, San Francisco, CA 94103-1410.
Filing Stats: 1,349 words · 5 min read · ~4 pages · Grade level 12 · Accepted 2024-11-19 16:19:31
Key Financial Figures
- $0.001 — which registered Class A common stock, $0.001 par value DLB The New York Stock Ex
- $250,000,000 — er. The Credit Agreement provides for a $250,000,000 unsecured revolving credit facility, in
- $150,000,000 — credit facility by up to an additional $150,000,000, subject to certain terms and condition
- $0.33 — he Company announced a cash dividend of $0.33 per share of Class A and Class B Common
Filing Documents
- d653097d8k.htm (8-K) — 34KB
- d653097dex101.htm (EX-10.1) — 506KB
- d653097dex991.htm (EX-99.1) — 224KB
- 0001193125-24-261743.txt ( ) — 1025KB
- dlb-20241114.xsd (EX-101.SCH) — 3KB
- dlb-20241114_lab.xml (EX-101.LAB) — 17KB
- dlb-20241114_pre.xml (EX-101.PRE) — 11KB
- d653097d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Credit Agreement, dated as of November 14, 2024, among Dolby Laboratories, Inc., certain subsidiaries of Dolby Laboratories, Inc. party thereto, as guarantors, and Bank of America, N.A. as the Lender 99.1 Press Release of Dolby Laboratories, Inc. dated November 19, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. DOLBY LABORATORIES, INC. By: /s/ Andy Sherman Andy Sherman Executive Vice President, General Counsel and Corporate Secretary Date: November 19, 2024