GoDaddy Files Routine 8-K for Other Events & Exhibits
Ticker: GDDY · Form: 8-K · Filed: Jan 11, 2024 · CIK: 1609711
| Field | Detail |
|---|---|
| Company | Godaddy Inc. (GDDY) |
| Form Type | 8-K |
| Filed Date | Jan 11, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $1,752 million |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance
TL;DR
**GoDaddy filed a routine 8-K; nothing major to see here.**
AI Summary
GoDaddy Inc. filed an 8-K on January 10, 2024, to report an "Other Event" and "Financial Statements and Exhibits." This filing is a routine disclosure, indicating no major immediate news but rather a procedural update. For investors, this means there's no new material information about the company's operations, financials, or strategic direction in this specific filing, so it's unlikely to cause significant stock movement.
Why It Matters
This filing is a standard procedural update, indicating no new material information that would typically impact GoDaddy's stock price or investor sentiment.
Risk Assessment
Risk Level: low — This 8-K is a standard administrative filing and does not contain information that introduces new risks or changes the company's risk profile.
Analyst Insight
A smart investor would note this as a routine administrative filing and not expect any immediate market reaction. It's a good reminder to check for more substantive filings if looking for new information.
Key Numbers
- 2024-01-10 — Date of Report (The date of the earliest event reported in the 8-K filing.)
- 001-36904 — Commission File Number (GoDaddy Inc.'s unique identifier with the SEC.)
- 46-5769934 — IRS Employer Identification No. (GoDaddy Inc.'s tax identification number.)
- 85284 — Zip Code (Part of GoDaddy Inc.'s principal executive offices address.)
- (480) 505-8800 — Registrant's telephone number (GoDaddy Inc.'s primary contact number.)
Key Players & Entities
- GoDaddy Inc. (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for GoDaddy Inc.
- New York Stock Exchange (company) — exchange where GoDaddy's Class A Common Stock is registered
- 001-36904 (dollar_amount) — Commission File Number for GoDaddy Inc.
- 46-5769934 (dollar_amount) — I.R.S. Employer Identification No. for GoDaddy Inc.
Forward-Looking Statements
- GoDaddy's stock price will remain stable following this filing. (GoDaddy Inc.) — high confidence, target: 2024-01-12
FAQ
What is the purpose of this 8-K filing by GoDaddy Inc.?
This 8-K filing by GoDaddy Inc. is a current report pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934, specifically reporting 'Other Events' and 'Financial Statements and Exhibits' as of January 10, 2024.
What is the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 10, 2024.
Where are GoDaddy Inc.'s principal executive offices located?
GoDaddy Inc.'s principal executive offices are located at 2155 E. GoDaddy Way, Tempe, Arizona 85284.
On which exchange is GoDaddy Inc.'s Class A Common Stock registered?
GoDaddy Inc.'s Class A Common Stock, with a $0.001 par value per share and trading symbol GDDY, is registered on the New York Stock Exchange.
Is GoDaddy Inc. classified as an emerging growth company in this filing?
No, the filing indicates with an unchecked box that GoDaddy Inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 1,025 words · 4 min read · ~3 pages · Grade level 13.5 · Accepted 2024-01-10 19:51:48
Key Financial Figures
- $0.001 — which registered Class A Common Stock, $0.001 par value per share GDDY New York Stock
- $1,752 million — pany, LLC, the "Borrowers") allocated a $1,752 million tranche (the "Replacement Term Loans")
Filing Documents
- gddy-20240110.htm (8-K) — 34KB
- exhibit991-1102024.htm (EX-99.1) — 8KB
- image_0.jpg (GRAPHIC) — 23KB
- 0001609711-24-000006.txt ( ) — 248KB
- gddy-20240110.xsd (EX-101.SCH) — 2KB
- gddy-20240110_def.xml (EX-101.DEF) — 18KB
- gddy-20240110_lab.xml (EX-101.LAB) — 33KB
- gddy-20240110_pre.xml (EX-101.PRE) — 18KB
- gddy-20240110_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events Credit Agreement Refinancing On January 10, 2024, GoDaddy Inc. (the "Company") announced that Go Daddy Operating Company, LLC and GD Finance Co, LLC (together with Go Daddy Operating Company, LLC, the "Borrowers") allocated a $1,752 million tranche (the "Replacement Term Loans") of term loans maturing in 2029, the proceeds of which will be used to refinance all outstanding Tranche B-5 Term Loans under the Second Amended and Restated Credit Agreement, dated as of February 15, 2017 (as amended by Amendment No. 1, dated as of November 22, 2017, as further amended by the Joinder and Amendment Agreement, dated as of June 4, 2019, as further amended by Amendment No. 3, dated as of October 3, 2019, as further amended by the Joinder and Fourth Amendment Agreement, dated as of August 10, 2020, as further amended by the Fifth Amendment Agreement, dated as of March 8, 2021, as further amended by the Joinder and Sixth Amendment Agreement, dated as of November 10, 2022, as further amended by the Seventh Amendment Agreement, dated as of May 5, 2023, as further amended by the Eighth Amendment Agreement, dated as of July 19, 2023, as further amended by the Ninth Amendment Agreement, dated as of August 15, 2023, and as further amended, restated, supplemented or otherwise modified, refinanced or replaced from time to time, the "Credit Agreement"), by and among the Borrowers, Desert Newco, LLC, the lending institutions from time to time party thereto, and Royal Bank of Canada as the Administrative Agent, the Collateral Agent, the Swingline Lender and a Letter of Credit Issuer (such refinancing, the "Term Loan Refinancing"). Capitalized terms used herein, but not otherwise defined herein are as defined in the Credit Agreement. The foregoing transactions are subject to conditions and are anticipated to close in the first quarter of 2024. However, there can be no assurance that the Borrowers will be able to successfully complete the transactions, on the terms d
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Exhibit Description 99.1 Press release of GoDaddy Inc., dated January 10, 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. GODADDY INC. Date: January 10, 2024 /s/ Mark McCaffrey Mark McCaffrey Chief Financial Officer