KADANT INC. Files Routine 8-K on Jan 29, 2024

Ticker: KAI · Form: 8-K · Filed: Jan 29, 2024 · CIK: 886346

Kadant INC 8-K Filing Summary
FieldDetail
CompanyKadant INC (KAI)
Form Type8-K
Filed DateJan 29, 2024
Risk Levellow
Pages4
Reading Time4 min
Sentimentneutral

Complexity: simple

Sentiment: neutral

Topics: regulatory-filing, compliance

TL;DR

**Kadant filed a routine 8-K, no major news, just standard compliance.**

AI Summary

Kadant Inc. filed an 8-K on January 29, 2024, to disclose general information, specifically regarding Regulation FD and Financial Statements and Exhibits. This filing indicates that Kadant is not an emerging growth company and its Common Stock, with a $.01 par value, is traded on the New York Stock Exchange under the symbol KAI. For investors, this filing primarily serves as a routine update, confirming the company's compliance with disclosure requirements and its established market presence, without revealing new material financial or operational changes.

Why It Matters

This filing is a standard regulatory update, confirming Kadant's compliance and current status, which is important for maintaining investor confidence in transparency.

Risk Assessment

Risk Level: low — This 8-K is a procedural filing with no new material information that would introduce significant risk.

Analyst Insight

Investors should view this as a routine compliance filing, indicating no immediate need for action based on new material information. It confirms the company's ongoing regulatory adherence.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of Kadant Inc.'s 8-K filing on January 29, 2024?

The 8-K filing by Kadant Inc. on January 29, 2024, is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, primarily disclosing information under Regulation FD and regarding Financial Statements and Exhibits.

What is the trading symbol and exchange for Kadant Inc.'s common stock?

Kadant Inc.'s Common Stock, with a $.01 par value, trades under the symbol KAI on the New York Stock Exchange.

Is Kadant Inc. considered an emerging growth company according to this filing?

No, the filing indicates with a '☐' that Kadant Inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.

What is Kadant Inc.'s state of incorporation and IRS Employer Identification Number?

Kadant Inc. is incorporated in Delaware and its I.R.S. Employer Identification No. is 52-1762325.

What is the business address and phone number for Kadant Inc. as stated in the filing?

Kadant Inc.'s business address is One Technology Park Drive, Westford, Massachusetts 01886, and its telephone number is (978) 776-2000.

Filing Stats: 1,061 words · 4 min read · ~4 pages · Grade level 15.4 · Accepted 2024-01-29 08:59:23

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On January 29, 2024, Kadant Inc. ("Kadant" or the "Company") will hold its previously announced webcast and conference call to discuss its acquisition of KWS Manufacturing Company, Ltd. ("KWS") (the "Acquisition") at 1:00 p.m. eastern time. A copy of our investor presentation with an overview of the Acquisition that will be presented on the webcast and discussed in the conference call is furnished as Exhibit 99 to this Current Report on Form 8-K and is posted to the "Investors" section of the Company's website at www.kadant.com. The information contained in this Item 7.01 (including Exhibit 99) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934 (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 or the Exchange Act, except as expressly set forth by specific reference in such a filing. Safe Harbor Statement The following constitutes a "Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995: This Current Report on Form 8-K contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about the financial and operating performance of KWS, the benefits of the Acquisition, and the expected future business and financial performance of KWS and Kadant. These forward-looking statements represent our expectations as of the date of this Current Report on Form 8-K. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors"

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits relating to Item 7.01 shall be deemed to be furnished and not filed. Exhibit No. Description of Exhibits 99 Investor presentation to be presented by the Company on January 29, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 3 KADANT INC. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934 , as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. KADANT INC. Date: January 29, 2024 By /s/ Michael J. McKenney Michael J. McKenney Executive Vice President and Chief Financial Officer 4

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