Groupon Files 8-K on Operations & Financial Condition
Ticker: GRPN · Form: 8-K · Filed: Jan 12, 2024 · CIK: 1490281
| Field | Detail |
|---|---|
| Company | Groupon, INC. (GRPN) |
| Form Type | 8-K |
| Filed Date | Jan 12, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: financial-condition, results-of-operations, SEC-filing
TL;DR
**Groupon just dropped an 8-K on its financials, so watch for details on their performance.**
AI Summary
Groupon, Inc. filed an 8-K on January 12, 2024, to report on its 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits.' This filing indicates that Groupon is providing an update on its financial performance and related disclosures. For investors, this matters because it offers a current snapshot of the company's health, which could influence stock price movements based on whether the results meet or miss expectations.
Why It Matters
This filing provides investors with crucial, up-to-date information on Groupon's financial performance, which is essential for making informed investment decisions.
Risk Assessment
Risk Level: medium — The filing itself is routine, but the undisclosed financial results it references could carry significant risk depending on their content.
Analyst Insight
A smart investor would await the actual financial results referenced in this 8-K before making any trading decisions, as this filing only signals an upcoming disclosure, not the disclosure itself.
Key Numbers
- 001-35335 — Commission File Number (identifies Groupon's registration with the SEC)
- 1-35335 — Commission File Number (another reference to Groupon's registration with the SEC)
- 20240112 — Filing Date (the date the 8-K was filed)
- 27-0903295 — I.R.S. Employer Identification No. (Groupon's tax identification number)
- $0.0001 — par value per share (the nominal value of Groupon's common stock)
Key Players & Entities
- Groupon, Inc. (company) — the registrant filing the 8-K
- January 12, 2024 (date) — date of earliest event reported and filing date
- 600 W Chicago Avenue, Suite 400, Chicago, Illinois 60654 (address) — Groupon's principal executive offices
- Delaware (company) — state of incorporation for Groupon, Inc.
- NASDAQ Global Select Market (company) — exchange where Groupon's common stock is registered
Forward-Looking Statements
- Groupon will release detailed financial results soon after this 8-K, likely within days. (Groupon, Inc.) — high confidence, target: 2024-01-19
- The market reaction to Groupon's financial condition will depend heavily on whether the results indicate improvement or deterioration. (GRPN stock price) — medium confidence, target: 2024-01-26
FAQ
What is the purpose of this 8-K filing by Groupon, Inc.?
Groupon, Inc. filed this 8-K to report on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' as per Item 2.02 and Item 9.01 of Form 8-K.
When was the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is January 12, 2024.
What is Groupon, Inc.'s trading symbol and on which exchange is its common stock registered?
Groupon, Inc.'s trading symbol is GRPN, and its common stock, with a par value of $0.0001 per share, is registered on the NASDAQ Global Select Market.
What is the address of Groupon, Inc.'s principal executive offices?
The address of Groupon, Inc.'s principal executive offices is 600 W Chicago Avenue, Suite 400, Chicago, Illinois 60654.
Under which SEC Act is this 8-K filed?
This 8-K is filed under the Securities Exchange Act of 1934, pursuant to Section 13 or 15(d).
Filing Stats: 536 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-01-12 08:41:33
Key Financial Figures
- $0.0001 — ich registered Common stock, par value $0.0001 per share GRPN NASDAQ Global Select Mar
Filing Documents
- grpn-20240112.htm (8-K) — 26KB
- exhibit991-january122024pr.htm (EX-99.1) — 18KB
- 0001490281-24-000004.txt ( ) — 177KB
- grpn-20240112.xsd (EX-101.SCH) — 2KB
- grpn-20240112_lab.xml (EX-101.LAB) — 24KB
- grpn-20240112_pre.xml (EX-101.PRE) — 13KB
- grpn-20240112_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On January 12, 2024, Groupon, Inc. (the "Company") issued a press release providing a business update and announcing selected preliminary unaudited financial information for its fourth quarter ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein. The Company's management plans to announce and discuss the Company's complete fourth quarter 2023 and full year financial results in March 2024. The information in this Current Report on Form 8-K and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 99.1 Press Release, dated January 12, 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. GROUPON, INC. Date: January 12, 2024 By: /s/ Jiri Ponrt Name: Jiri Ponrt Title: Chief Financial Officer