Harte Hanks Reports Material Definitive Agreement
Ticker: HHS · Form: 8-K · Filed: Jun 25, 2024 · CIK: 45919
Sentiment: neutral
Topics: material-agreement, 8-k
TL;DR
Harte Hanks signed a big deal on 6/18, filing it today.
AI Summary
Harte Hanks, Inc. filed an 8-K on June 25, 2024, reporting a material definitive agreement entered into on June 18, 2024. The filing also includes financial statements and exhibits related to this agreement. Specific details of the agreement, including parties involved and financial terms, are not fully disclosed in the provided text but are indicated as a material event.
Why It Matters
This filing signals a significant new contract or partnership for Harte Hanks, which could impact its future revenue and operational direction.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which could represent a significant change in business operations or financial standing, but the lack of specific details makes the immediate risk level uncertain.
Key Players & Entities
- Harte Hanks, Inc. (company) — Registrant
- 0000045919-24-000055 (filing_id) — Accession Number
- June 18, 2024 (date) — Date of Earliest Event Reported
- June 25, 2024 (date) — Date of Report
- 1 Executive Drive, Suite 303 (address) — Business Address
- Chelmsford, MA 01824 (address) — Business Address
FAQ
What is the nature of the material definitive agreement Harte Hanks entered into on June 18, 2024?
The filing indicates a material definitive agreement was entered into on June 18, 2024, but the specific details of this agreement are not provided in the excerpt.
What is the accession number for this 8-K filing?
The accession number for this filing is 0000045919-24-000055.
When was this 8-K form filed with the SEC?
This 8-K form was filed on June 25, 2024.
What is Harte Hanks's principal business address?
Harte Hanks's principal business address is 1 Executive Drive, Suite 303, Chelmsford, MA 01824.
What is the SEC file number for Harte Hanks?
The SEC file number for Harte Hanks is 001-07120.
Filing Stats: 495 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-06-25 08:53:58
Key Financial Figures
- $6.1M — 024. The cost of the annuity requires a $6.1M cash contribution from Harte Hanks to P
- $66.4M — r of plan assets valued on June 17th as $66.4M. This annuity purchase completes Harte
Filing Documents
- hhs-20240618.htm (8-K) — 22KB
- a20240625ex991prpensionter.htm (EX-99.1) — 14KB
- 0000045919-24-000055.txt ( ) — 192KB
- hhs-20240618.xsd (EX-101.SCH) — 2KB
- hhs-20240618_def.xml (EX-101.DEF) — 15KB
- hhs-20240618_lab.xml (EX-101.LAB) — 25KB
- hhs-20240618_pre.xml (EX-101.PRE) — 15KB
- hhs-20240618_htm.xml (XML) — 3KB
01 Submission of Matters to a Vote of Security Holders
Item 1.01 Submission of Matters to a Vote of Security Holders On June 18 th , 2024, Harte Hanks selected and signed formal commitment letters with Nationwide Life Insurance Company and Nationwide Life and Annuity Insurance Company (collectively as "Nationwide"), as its insurer, to provide pension benefits to its Plan I pension members, commencing as of August 2024. Harte Hanks will continue to make payments to these plan members through the end of July 2024. The cost of the annuity requires a $6.1M cash contribution from Harte Hanks to Pension Plan I, and the transfer of plan assets valued on June 17th as $66.4M. This annuity purchase completes Harte Hanks prior decision (as of June 30, 2023) to terminate this pension plan.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No Description 99.1 Press Release of Harte Hanks, Inc. dated June 2 5 , 2024 announcing termination of pension plan I SIGNATURE 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. HARTE HANKS, INC. Date: June 25, 2024 By: /s/ David Garrison David Garrison Chief Financial Officer