HARMONIC INC. Files Routine 8-K, Updates Address

TL;DR

**HARMONIC INC. filed a routine 8-K, mostly just updating their address; no big news for traders.**

AI Summary

HARMONIC INC. filed an 8-K on January 30, 2024, to report an "Other Event." This filing primarily serves to update the company's address to 2590 Orchard Parkway, San Jose, CA 95131, and confirm its trading symbol as HLIT on the NASDAQ Global Select Market. For investors, this filing is routine and indicates no significant operational or financial changes, meaning it shouldn't impact their investment decisions.

Why It Matters

This filing is a standard administrative update, primarily changing the company's principal executive office address. It does not signal any material changes to HARMONIC INC.'s business operations, financial health, or strategic direction.

Risk Assessment

Risk Level: low — This 8-K filing is purely administrative, reporting an 'Other Event' that involves an address change and reaffirming existing stock information, posing no new risks to investors.

Analyst Insight

A smart investor would recognize this as a routine administrative filing with no material impact on the company's fundamentals or stock price, thus requiring no immediate action.

Key Players & Entities

• HARMONIC INC. (company) — the registrant filing the 8-K
• HLIT (company) — trading symbol for HARMONIC INC.
• NASDAQ Global Select Market (company) — exchange where HARMONIC INC. stock is registered
• 2590 Orchard Parkway, San Jose, CA 95131 (dollar_amount) — new principal executive offices address
• January 30, 2024 (dollar_amount) — date of earliest event reported

FAQ

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) — 25KB
• 0000851310-24-000011.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 117.1485 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 30, 2024 HARMONIC INC. By: /s/ Walter Jankovic Walter Jankovic Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR