Fair Isaac Corp Enters Material Definitive Agreement
Ticker: FICO · Form: 8-K · Filed: Jun 14, 2024 · CIK: 814547
| Field | Detail |
|---|---|
| Company | Fair Isaac CORP (FICO) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $450 million, $600 million, $300 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: FICO
TL;DR
FICO just signed a big deal, details TBD.
AI Summary
On June 13, 2024, Fair Isaac Corporation (FICO) entered into a material definitive agreement related to a direct financial obligation. The filing does not disclose specific details of the agreement or any associated dollar amounts at this time.
Why It Matters
This filing indicates a significant new financial commitment or obligation for Fair Isaac Corporation, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement and a direct financial obligation, suggesting potential financial implications that are not yet fully disclosed.
Key Players & Entities
- Fair Isaac Corporation (company) — Registrant
- FICO (company) — Commonly known name for Fair Isaac Corporation
FAQ
What is the nature of the material definitive agreement entered into by Fair Isaac Corporation?
The filing states that Fair Isaac Corporation entered into a material definitive agreement, but does not provide specific details about its nature.
What is the direct financial obligation or off-balance sheet arrangement mentioned in the filing?
The filing confirms the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of the registrant, but does not specify the details of this obligation.
When was the material definitive agreement entered into?
The material definitive agreement was entered into on June 13, 2024.
What are the principal executive offices of Fair Isaac Corporation?
The principal executive offices of Fair Isaac Corporation are located at 5 West Mendenhall, Suite 105, Bozeman, Montana 59715.
What is the Commission File Number for Fair Isaac Corporation?
The Commission File Number for Fair Isaac Corporation is 001-11689.
Filing Stats: 992 words · 4 min read · ~3 pages · Grade level 13.4 · Accepted 2024-06-14 16:04:53
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share FICO New York S
- $450 million — 26 in the aggregate principal amount of $450 million (the "Incremental Term A-1 Loan"). The
- $600 million — he Credit Agreement also provides for a $600 million revolving loan facility (the "Revolving
- $300 million — cility (the "Revolving Facility") and a $300 million term loan that was borrowed on October
Filing Documents
- d853494d8k.htm (8-K) — 29KB
- d853494dex101.htm (EX-10.1) — 46KB
- 0001193125-24-161586.txt ( ) — 206KB
- fico-20240613.xsd (EX-101.SCH) — 3KB
- fico-20240613_lab.xml (EX-101.LAB) — 18KB
- fico-20240613_pre.xml (EX-101.PRE) — 11KB
- d853494d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit Description 10.1 Third Amendment to Second Amended and Restated Credit Agreement among the Company, the several banks and other financial institutions from time to time parties thereto, and Wells Fargo Bank, National Association, as administrative agent, dated as of June 13, 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. FAIR ISAAC CORPORATION By: /s/ STEVEN P. WEBER Steven P. Weber Executive Vice President and Chief Financial Officer Date: June 14, 2024