GoDaddy Inc. Files 8-K on Material Agreement

TL;DR

GoDaddy just signed a big deal, check the 8-K for deets.

AI Summary

On December 16, 2024, GoDaddy Inc. filed an 8-K report detailing a material definitive agreement. The filing also covers the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details regarding the agreement and financial obligations are provided within the filing.

Why It Matters

This filing indicates GoDaddy Inc. has entered into a significant new contract or financial commitment, which could impact its future financial performance and operational strategy.

Risk Assessment

Risk Level: medium — Material definitive agreements and new financial obligations can introduce significant risks and opportunities that may affect the company's stock price.

Key Players & Entities

• GoDaddy Inc. (company) — Registrant
• December 16, 2024 (date) — Date of Report

FAQ

Key Financial Figures

• $0.001 — which registered Class A Common Stock, $0.001 par value per share GDDY New York Stock
• $1,463 million — he Twelfth Amendment provides for a new $1,463 million tranche of term loans maturing in 2029

Filing Documents

• gddy-20241216.htm (8-K) — 34KB
• ex101-121624.htm (EX-10.1) — 2449KB
• ex991-121624.htm (EX-99.1) — 6KB
• image_0a.jpg (GRAPHIC) — 23KB
• 0001609711-24-000205.txt ( ) — 3060KB
• gddy-20241216.xsd (EX-101.SCH) — 2KB
• gddy-20241216_def.xml (EX-101.DEF) — 18KB
• gddy-20241216_lab.xml (EX-101.LAB) — 30KB
• gddy-20241216_pre.xml (EX-101.PRE) — 18KB
• gddy-20241216_htm.xml (XML) — 3KB

01 Entry into a Material Definitive Agreement

Item 1.01 Entry into a Material Definitive Agreement Credit Agreement Refinancing and Extension On December 16, 2024, Go Daddy Operating Company, LLC and GD Finance Co, LLC (each, a direct or indirect subsidiary of GoDaddy Inc. and together, the "Borrowers") entered into a Twelfth Amendment (the "Twelfth Amendment") to 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, as further amended by the Tenth Amendment Agreement, dated as of January 22, 2024, as further amended by the Eleventh Amendment Agreement, dated May 31, 2024, 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. Capitalized terms used herein, but not otherwise defined herein are as defined in the Credit Agreement as amended by the Twelfth Amendment. The Twelfth Amendment provides for a new $1,463 million tranche of term loans maturing in 2029 (the "Replacement Term Loans"), the proceeds of which were used to refinance all outstanding Existing

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Number Exhibit Description 10.1 Twel fth Amendment to the Second Amended and Restated Credit Agreement by and among Desert Newco, LLC, Go Daddy Operating Company, LLC, GD Finance Co, LLC, the lending institutions from time to time party thereto and Royal Bank of Canada, effective as of December 16 , 2024 99.1 Press release of GoDaddy Inc., dated December 16 , 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: December 16, 2024 /s/ Mark McCaffrey Mark McCaffrey Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR