Harmonic Inc. Amends 8-K, Updates Address & Trading Symbol
Ticker: HLIT · Form: 8-K/A · Filed: Jan 31, 2024 · CIK: 851310
| Field | Detail |
|---|---|
| Company | Harmonic Inc (HLIT) |
| Form Type | 8-K/A |
| Filed Date | Jan 31, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001, $1,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: administrative-update, corporate-governance
TL;DR
**HLIT filed an 8-K/A to update its business address and confirm its NASDAQ listing.**
AI Summary
Harmonic Inc. (HLIT) filed an 8-K/A on January 30, 2024, to amend a previous filing. This amendment primarily updates the company's business address to 2590 Orchard Parkway, San Jose, CA 95131, and clarifies its trading symbol as HLIT on the NASDAQ Global Select Market for its Common Stock, par value $0.001 per share. This matters to investors because it provides updated administrative details, ensuring accurate record-keeping and transparency regarding the company's current operational information.
Why It Matters
This filing provides updated administrative details for Harmonic Inc., ensuring public records accurately reflect the company's current business address and stock exchange listing. It's important for investors to have correct contact and trading information.
Risk Assessment
Risk Level: low — This filing is an administrative update and does not contain information that would materially impact the company's financial performance or operations.
Analyst Insight
A smart investor would note this administrative update for record-keeping but recognize it has no direct impact on investment decisions or the company's financial outlook. No immediate action is required based on this filing.
Key Numbers
- $0.001 — Par Value per Share (The par value of Harmonic Inc.'s Common Stock.)
Key Players & Entities
- Harmonic Inc. (company) — the registrant filing the 8-K/A
- HLIT (company) — the trading symbol for Harmonic Inc.
- NASDAQ Global Select Market (company) — the exchange where Harmonic Inc.'s common stock is registered
- $0.001 (dollar_amount) — the par value per share of Common Stock
- January 30, 2024 (date) — the date of the earliest event reported in the 8-K/A
- 2590 Orchard Parkway, San Jose, CA 95131 (company) — Harmonic Inc.'s updated principal executive offices address
FAQ
What is the purpose of this 8-K/A filing by Harmonic Inc.?
The purpose of this 8-K/A filing is to amend a previous Current Report on Form 8-K, specifically to update and clarify certain administrative information, such as the company's principal executive offices address and its stock exchange listing details.
What is Harmonic Inc.'s updated principal executive offices address as stated in the filing?
Harmonic Inc.'s updated principal executive offices address is 2590 Orchard Parkway, San Jose, CA 95131, as specified in the filing.
On which exchange is Harmonic Inc.'s Common Stock registered, and what is its trading symbol?
Harmonic Inc.'s Common Stock, with a par value of $0.001 per share, is registered on the NASDAQ Global Select Market under the trading symbol HLIT.
What was the date of the earliest event reported in this 8-K/A filing?
The date of the earliest event reported in this 8-K/A filing was January 30, 2024.
Is Harmonic Inc. considered an 'emerging growth company' according to this filing?
No, the filing indicates with an unchecked box (☐) that Harmonic Inc. is not an 'emerging growth company' as defined by Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 537 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-01-31 16:57:16
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share HLIT NASDAQ Global Select Mar
- $1,000 — ture) of the Company's common stock per $1,000 principal amount of the Notes converted
Filing Documents
- hlit-20240130.htm (8-K/A) — 25KB
- 0000851310-24-000016.txt ( ) — 150KB
- hlit-20240130.xsd (EX-101.SCH) — 3KB
- hlit-20240130_lab.xml (EX-101.LAB) — 24KB
- hlit-20240130_pre.xml (EX-101.PRE) — 13KB
- hlit-20240130_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On January 30, 2024, Harmonic Inc. (the "Company") issued a notice to redeem all of its outstanding 2.00% Convertible Senior Notes due 2024 (the "Notes"). The redemption of the Notes will be effected pursuant to the terms of the Indenture that governs the Notes (the "Indenture"). The Notes will be redeemed on April 18, 2024 (the "Redemption Date") at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus any accrued and unpaid interest to, but excluding, the Redemption Date. Holders of Notes called for redemption will have the right to convert their Notes at any time before the close of business on April 16, 2024 in accordance with the Indenture at a conversion rate of 118.0550 shares (inclusive of Additional Shares, as defined in the Indenture) of the Company's common stock per $1,000 principal amount of the Notes converted. Pursuant to the terms of the Indenture, the Company has elected to settle any such conversions by Combination Settlement (as defined in the Indenture) with a Specified Dollar Amount (as defined in the Indenture) of $1,000 per $1,000 principal amount of Notes.
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. Date: January 31, 2024 HARMONIC INC. By: /s/ Walter Jankovic Walter Jankovic Chief Financial Officer