Kelly Services Confirms Nasdaq Listings for Class A & B Shares
Ticker: KELYB · Form: 8-K · Filed: Jan 3, 2024 · CIK: 55135
| Field | Detail |
|---|---|
| Company | Kelly Services INC (KELYB) |
| Form Type | 8-K |
| Filed Date | Jan 3, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, exchange-listing, corporate-governance
TL;DR
**Kelly Services just filed a routine 8-K confirming its Nasdaq listings, nothing major.**
AI Summary
Kelly Services, Inc. filed an 8-K on January 3, 2024, primarily to disclose its Class A Common stock (KELYA) and Class B Common stock (KELYB) are registered on the Nasdaq Global Market. This filing is a routine update, indicating no significant operational or financial changes. For investors, this means Kelly Services continues to meet the listing requirements for a major exchange, which can provide liquidity and visibility for its shares, but the filing itself doesn't introduce new catalysts for stock movement.
Why It Matters
This filing confirms Kelly Services' continued listing on the Nasdaq Global Market, which is important for maintaining investor confidence and liquidity for its Class A and Class B common stock.
Risk Assessment
Risk Level: low — This 8-K is a routine administrative filing and does not indicate any new financial or operational risks for Kelly Services.
Analyst Insight
A smart investor would recognize this 8-K as a routine administrative filing with no immediate impact on Kelly Services' operational or financial outlook, and thus, it likely doesn't warrant any immediate trading action.
Key Players & Entities
- KELLY SERVICES, INC. (company) — the registrant filing the 8-K
- Nasdaq Global Market (company) — the exchange where Kelly Services' shares are registered
- KELYA (company) — trading symbol for Class A Common Stock
- KELYB (company) — trading symbol for Class B Common Stock
- January 3, 2024 (date) — Date of Earliest Event Reported and Filing Date
FAQ
What is the purpose of this 8-K filing by Kelly Services, Inc.?
The primary purpose of this 8-K filing by Kelly Services, Inc. on January 3, 2024, is to disclose information under Regulation FD and Financial Statements and Exhibits, specifically confirming that its Class A Common and Class B Common stock are registered on the Nasdaq Global Market.
What are the trading symbols for Kelly Services' common stock classes mentioned in the filing?
The filing states that the trading symbol for Kelly Services' Class A Common stock is KELYA, and the trading symbol for its Class B Common stock is KELYB.
On which exchange are Kelly Services' securities registered, according to this 8-K?
According to this 8-K, Kelly Services' Class A Common and Class B Common securities are registered on the Nasdaq Global Market.
What was the 'Date of Earliest Event Reported' for this 8-K filing?
The 'Date of Earliest Event Reported' for this 8-K filing was January 3, 2024.
Is Kelly Services, Inc. considered an 'emerging growth company' based on this filing?
The filing includes a checkbox section to indicate whether the registrant is an emerging growth company, but the box is not checked, implying Kelly Services, Inc. does not identify as an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Exchange Act.
Filing Stats: 508 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-01-03 07:41:33
Filing Documents
- d680614d8k.htm (8-K) — 27KB
- d680614dex991.htm (EX-99.1) — 12KB
- g680614g1231032856435.jpg (GRAPHIC) — 3KB
- 0001193125-24-001023.txt ( ) — 198KB
- kelya-20240103.xsd (EX-101.SCH) — 4KB
- kelya-20240103_def.xml (EX-101.DEF) — 13KB
- kelya-20240103_lab.xml (EX-101.LAB) — 21KB
- kelya-20240103_pre.xml (EX-101.PRE) — 14KB
- d680614d8k_htm.xml (XML) — 5KB
01
Item 7.01. Regulation FD Disclosure. On January 3, 2024, Kelly Services, Inc. issued a press release announcing the completion of the sale of its European staffing business to Gi Group Holdings, S.P.A. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K. In accordance with General Instruction B.2. of Form 8-K, the information contained or incorporated in this Item 7.01, including the press release furnished herewith as Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated January 3, 2024. 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. KELLY SERVICES, INC. Date: January 3, 2024 /s/ Vanessa P. Williams Vanessa P. Williams Senior Vice President, General Counsel and Secretary