Energy Recovery, Inc. Files 8-K
Ticker: ERII · Form: 8-K · Filed: Nov 20, 2024 · CIK: 1421517
| Field | Detail |
|---|---|
| Company | Energy Recovery, Inc. (ERII) |
| Form Type | 8-K |
| Filed Date | Nov 20, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $50.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, regulatory-filing
Related Tickers: ERI
TL;DR
ERI filed a routine 8-K on 11/20 for an 11/18 event. No major news yet.
AI Summary
Energy Recovery, Inc. filed an 8-K on November 20, 2024, reporting an event that occurred on November 18, 2024. The filing is categorized under 'Other Events' and 'Financial Statements and Exhibits'. No specific financial details or significant business events were detailed in the provided excerpt.
Why It Matters
This filing indicates a regulatory disclosure by Energy Recovery, Inc., which is standard for material events or updates that may affect investors.
Risk Assessment
Risk Level: low — The filing is a standard 8-K disclosure without immediate indication of negative financial impact or significant operational changes.
Key Players & Entities
- Energy Recovery, Inc. (company) — Registrant
- November 18, 2024 (date) — Earliest event date
- November 20, 2024 (date) — Filing date
FAQ
What specific event triggered this 8-K filing for Energy Recovery, Inc. on November 18, 2024?
The provided excerpt does not specify the exact event, only that it falls under 'Other Events' and 'Financial Statements and Exhibits'.
What is the significance of the 'Financial Statements and Exhibits' categorization in this 8-K?
This categorization suggests that the filing may include or refer to financial information or exhibits that are relevant to the reported event.
Is there any indication of a material change in Energy Recovery, Inc.'s business operations or financial condition based on this filing?
The provided text does not contain specific details to indicate a material change; it is a standard 8-K filing notification.
What is the SEC file number for Energy Recovery, Inc.?
The SEC file number for Energy Recovery, Inc. is 001-34112.
Where is Energy Recovery, Inc. headquartered?
Energy Recovery, Inc. is headquartered at 1717 Doolittle Drive, San Leandro, California 94577.
Filing Stats: 557 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2024-11-20 16:01:40
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value ERII The Nasdaq Stock Market
- $50.0 million — horized the Company to repurchase up to $50.0 million of outstanding shares of its common sto
Filing Documents
- erii-20241118.htm (8-K) — 25KB
- ex991-pressrelease2024x1118.htm (EX-99.1) — 6KB
- er_logoh4c.jpg (GRAPHIC) — 17KB
- erii-20241118_g1.jpg (GRAPHIC) — 40KB
- 0001421517-24-000203.txt ( ) — 285KB
- erii-20241118.xsd (EX-101.SCH) — 2KB
- erii-20241118_lab.xml (EX-101.LAB) — 21KB
- erii-20241118_pre.xml (EX-101.PRE) — 12KB
- erii-20241118_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On November 18, 2024, the Company announced that the Board of Directors of the Company authorized the Company to repurchase up to $50.0 million of outstanding shares of its common stock, $0.001 par value per share, pursuant to a new share repurchase program (the "November 2024 Authorization"). Under the November 2024 Authorization, the Company may repurchase shares through open market trades, block trades and/or privately negotiated transactions, in compliance with applicable state and federal securities laws. The timing and amounts of any purchases will be at management's discretion and depend on a variety of factors, including business, economic and market conditions, regulatory requirements, prevailing stock prices and other considerations. The share repurchase program does not obligate the Company to acquire any specific number of shares in any period, and may be expanded, extended, modified or discontinued at any time without prior notice. The Company will launch the November 2024 Authorization in November 2024, and purchases will occur over the next 12 months. The Company expects to fund the repurchases with cash on hand.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release, issued by Energy Recovery on November 18, 2024 104 Cover Page Interactive Data File - the cover page XBRL tags are 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. Energy Recovery, Inc. Date: November 20, 2024 By: /s/ William Yeung William Yeung Chief Legal Officer