InterDigital Confirms Non-Emerging Growth Status in 8-K Filing
Ticker: IDCC · Form: 8-K · Filed: Jan 17, 2024 · CIK: 1405495
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, 8-K
TL;DR
**InterDigital is NOT an emerging growth company, meaning more regulatory oversight and transparency.**
AI Summary
InterDigital, Inc. filed an 8-K on January 17, 2024, primarily to disclose that it is not an emerging growth company. This filing, under Regulation FD Disclosure and Financial Statements and Exhibits, confirms the company's status as a well-established entity. For investors, this means InterDigital is subject to full public company reporting requirements, which generally provides more transparency and regulatory oversight compared to emerging growth companies.
Why It Matters
This filing clarifies InterDigital's regulatory status, indicating it adheres to standard, more stringent reporting requirements, which can offer greater transparency to investors.
Risk Assessment
Risk Level: low — This filing is purely administrative and does not introduce new financial or operational risks to the company.
Analyst Insight
Investors should note that InterDigital operates under full SEC reporting requirements, which generally means more comprehensive financial and operational disclosures are available compared to emerging growth companies.
Key Players & Entities
- InterDigital, Inc. (company) — the registrant filing the 8-K
- January 17, 2024 (date) — date of the earliest event reported and filing date
- IDCC (company) — trading symbol for InterDigital, Inc.
- NASDAQ Stock Market LLC (company) — exchange where InterDigital's common stock is registered
- $0.01 (dollar_amount) — par value per share of common stock
FAQ
What is the primary purpose of InterDigital, Inc.'s 8-K filing on January 17, 2024?
The primary purpose of InterDigital, Inc.'s 8-K filing on January 17, 2024, is to disclose that the registrant is not an emerging growth company, as indicated by the unchecked boxes for emerging growth company status.
Under which sections of the SEC regulations was this 8-K filed?
This 8-K was filed under Regulation FD Disclosure and Financial Statements and Exhibits, as stated in the 'ITEM INFORMATION' section of the filing.
What is InterDigital, Inc.'s trading symbol and on which exchange is its common stock registered?
InterDigital, Inc.'s trading symbol is IDCC, and its common stock, with a par value of $0.01 per share, is registered on the NASDAQ Stock Market LLC.
What is the business address and phone number of InterDigital, Inc. as listed in the filing?
The business address of InterDigital, Inc. is 200 Bellevue Parkway, Suite 300, Wilmington, DE 19809-3727, and its business phone number is 302-281-3600.
What is the significance of InterDigital, Inc. not being an emerging growth company?
The significance of InterDigital, Inc. not being an emerging growth company means it does not qualify for certain scaled disclosure requirements and exemptions under the Securities Act of 1933 and the Securities Exchange Act of 1934, implying it adheres to full public company reporting standards.
Filing Stats: 517 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-01-17 16:22:16
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share IDCC NASDAQ Stock Market LLC
Filing Documents
- idcc-20240117.htm (8-K) — 25KB
- idccpresentationneedhamg.htm (EX-99.1) — 23KB
- idccpresentationneedhamg001.jpg (GRAPHIC) — 110KB
- idccpresentationneedhamg002.jpg (GRAPHIC) — 220KB
- idccpresentationneedhamg003.jpg (GRAPHIC) — 116KB
- idccpresentationneedhamg004.jpg (GRAPHIC) — 69KB
- idccpresentationneedhamg005.jpg (GRAPHIC) — 79KB
- idccpresentationneedhamg006.jpg (GRAPHIC) — 97KB
- idccpresentationneedhamg007.jpg (GRAPHIC) — 108KB
- idccpresentationneedhamg008.jpg (GRAPHIC) — 103KB
- idccpresentationneedhamg009.jpg (GRAPHIC) — 73KB
- idccpresentationneedhamg010.jpg (GRAPHIC) — 88KB
- idccpresentationneedhamg011.jpg (GRAPHIC) — 92KB
- idccpresentationneedhamg012.jpg (GRAPHIC) — 105KB
- idccpresentationneedhamg013.jpg (GRAPHIC) — 96KB
- idccpresentationneedhamg014.jpg (GRAPHIC) — 68KB
- idccpresentationneedhamg015.jpg (GRAPHIC) — 99KB
- idccpresentationneedhamg016.jpg (GRAPHIC) — 51KB
- idccpresentationneedhamg017.jpg (GRAPHIC) — 69KB
- idccpresentationneedhamg018.jpg (GRAPHIC) — 116KB
- idccpresentationneedhamg019.jpg (GRAPHIC) — 102KB
- idccpresentationneedhamg020.jpg (GRAPHIC) — 102KB
- idccpresentationneedhamg021.jpg (GRAPHIC) — 133KB
- 0001405495-24-000012.txt ( ) — 3070KB
- idcc-20240117.xsd (EX-101.SCH) — 2KB
- idcc-20240117_lab.xml (EX-101.LAB) — 25KB
- idcc-20240117_pre.xml (EX-101.PRE) — 13KB
- idcc-20240117_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. The slide presentation attached hereto as Exhibit 99.1 will be presented by InterDigital, Inc. (the "Company") at the 26th Annual Needham Virtual Growth Conference on January 18, 2024. The presentation may also be used by the Company at future investor conferences or meetings. The information in this report, including Exhibit 99.1, is being furnished pursuant to Item 7.01 of Form 8-K 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 such information be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act. The Company undertakes no duty or obligation to publicly update or revise the information contained in this report.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. 99.1 InterDigital, Inc. Investor Presentation 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. INTERDIGITAL, INC. By: /s/ Joshua D. Schmidt Joshua D. Schmidt Chief Legal Officer and Corporate Secretary Date: January 17, 2024