Digimarc Enters Material Definitive Agreement
Ticker: DMRC · Form: 8-K · Filed: Feb 26, 2024 · CIK: 1438231
| Field | Detail |
|---|---|
| Company | Digimarc Corp (DMRC) |
| Form Type | 8-K |
| Filed Date | Feb 26, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $35.00, $32.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, corporate-event
TL;DR
**Digimarc just signed a big new deal, but the details are still under wraps!**
AI Summary
Digimarc Corporation filed an 8-K on February 26, 2024, reporting an "Entry into a Material Definitive Agreement" on February 24, 2024. The filing indicates a significant new agreement for the company, which operates in computer integrated systems design. The specific details of the agreement, including parties and financial terms, are not disclosed in this summary filing but are referenced as a material event.
Why It Matters
This filing signals a potentially significant business development for Digimarc, which could impact its future operations and financial performance, though specific details are not yet public.
Risk Assessment
Risk Level: medium — The risk is medium because while a material agreement is positive, the lack of specific details prevents a full assessment of its potential impact, which could be either highly beneficial or carry unforeseen obligations.
Key Players & Entities
- Digimarc Corporation (company) — Registrant
- February 24, 2024 (date) — Date of earliest event reported
- February 26, 2024 (date) — Filing date of 8-K
- Oregon (company) — State of incorporation for Digimarc
- 8500 S.W. Creekside Place, Beaverton Oregon 97008 (company) — Business address of Digimarc
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 24, 2024.
What is the primary item reported in this 8-K?
The primary item reported is the "Entry into a Material Definitive Agreement" by Digimarc Corporation.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 26, 2024.
What is Digimarc Corporation's business address?
Digimarc Corporation's business address is 8500 S.W. Creekside Place, Beaverton, Oregon 97008.
What is Digimarc Corporation's state of incorporation?
Digimarc Corporation's state of incorporation is Oregon.
Filing Stats: 671 words · 3 min read · ~2 pages · Grade level 11.4 · Accepted 2024-02-26 09:06:02
Key Financial Figures
- $0.001 — nge on Which Registered Common Stock, $0.001 Par Value Per Share DMRC The NASDAQ
- $35.00 — . The Shares were offered at a price of $35.00 per Share, and the gross proceeds to th
- $32.5 million — fering are expected to be approximately $32.5 million. The closing of the Offering is expecte
Filing Documents
- d774117d8k.htm (8-K) — 26KB
- d774117dex51.htm (EX-5.1) — 4KB
- d774117dex101.htm (EX-10.1) — 71KB
- 0001193125-24-045489.txt ( ) — 240KB
- dmrc-20240224.xsd (EX-101.SCH) — 3KB
- dmrc-20240224_lab.xml (EX-101.LAB) — 17KB
- dmrc-20240224_pre.xml (EX-101.PRE) — 11KB
- d774117d8k_htm.xml (XML) — 3KB
Forward Looking Statements
Forward Looking Statements Item9.01.
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 5.1 Opinion of Perkins Coie LLP 10.1 Form of Common Stock Purchase Agreement, dated February 24, 2024 23.1 Consent of Perkins Coie LLP (included in Exhibit 5.1) 104 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. Date: February 26, 2024 By: /s/ Joel Meyer Joel Meyer Executive Vice President, Chief Legal Officer and Corporate Secretary