KRONOS WORLDWIDE Files 8-K for 'Other Events' on Feb 5, 2024

TL;DR

**KRONOS WORLDWIDE just filed an 8-K for 'Other Events' on Feb 5, 2024, signaling new, undisclosed material info.**

AI Summary

KRONOS WORLDWIDE, INC. filed an 8-K on February 5, 2024, to report an "Other Event" and include "Financial Statements and Exhibits." This filing, under SEC File Number 001-31763, indicates that the company is disclosing information that doesn't fit into standard categories but is deemed important enough to be reported immediately. For investors, this matters because it signals that KRONOS WORLDWIDE has new, potentially significant information that could impact its operations or financial health, and they should look for further details to understand the implications.

Why It Matters

This filing indicates KRONOS WORLDWIDE has new, potentially material information to disclose, which could affect its stock price and future performance. Investors should monitor for subsequent disclosures to understand the nature of these 'Other Events.'

Risk Assessment

Risk Level: medium — The 'Other Events' category in an 8-K can cover a wide range of issues, some of which could be significant and carry financial risk, but without specifics, the exact risk is unknown.

Analyst Insight

A smart investor would add KRONOS WORLDWIDE, INC. to their watchlist and set alerts for any follow-up filings or press releases that detail the 'Other Events' mentioned in this 8-K, as these could contain material information impacting the stock.

Key Numbers

• February 5, 2024 — Date of Report (This is the date of the earliest event reported in the 8-K filing.)
• 001-31763 — Commission File Number (This is the unique identifier for KRONOS WORLDWIDE, INC. with the SEC.)
• 76-0294959 — IRS Employer Identification No. (This is the tax identification number for KRONOS WORLDWIDE, INC.)

Key Players & Entities

• KRONOS WORLDWIDE, INC. (company) — the registrant filing the 8-K
• February 5, 2024 (date) — date of the earliest event reported
• 001-31763 (dollar_amount) — SEC File Number for KRONOS WORLDWIDE, INC.
• Dallas, Texas (company) — location of principal executive offices
• 972-233-1700 (dollar_amount) — registrant's telephone number

Forward-Looking Statements

• KRONOS WORLDWIDE will issue a subsequent press release or 10-Q/K filing detailing the 'Other Events' mentioned in this 8-K. (KRONOS WORLDWIDE, INC.) — high confidence, target: 2024-05-15

FAQ

Filing Documents

• kro-20240205x8k.htm (8-K) — 44KB
• kro-20240205xex99d1.htm (EX-99.1) — 49KB
• kro-20240205xex99d1003.jpg (GRAPHIC) — 11KB
• 0001257640-24-000006.txt ( ) — 268KB
• kro-20240205.xsd (EX-101.SCH) — 4KB
• kro-20240205_def.xml (EX-101.DEF) — 3KB
• kro-20240205_lab.xml (EX-101.LAB) — 12KB
• kro-20240205_pre.xml (EX-101.PRE) — 10KB
• kro-20240205x8k_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. Exchange Offer and Consent Solicitation On February 5, 2024, Kronos Worldwide, Inc. (the "Company") issued a press release announcing the early tender results of its previously announced (a) offer to exchange (the "Exchange Offer") up to 325,000,000 principal amount of the outstanding 3.75% Senior Secured Notes due 2025 (the "Old Notes") issued by Kronos International, Inc., a wholly-owned subsidiary of the Company (the "Issuer"), for a combination of newly issued 9.50% Senior Secured Notes due 2029 (the "New Notes") to be issued by the Issuer and cash, and (b) solicitation of consents to adopt certain proposed amendments to the indenture governing the Old Notes. The New Notes have not been registered with the Securities and Exchange Commission under the Securities Act of 1933, as amended (the "Securities Act"), or any state or foreign securities laws. Therefore, the New Notes may not be offered or sold in the United States or to any U.S. person absent registration, except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. No Offer or Solicitation The Exchange Offer and Consent Solicitation is being conducted upon the terms and subject to conditions set forth in a confidential offering memorandum delivered to eligible holders. This Current Report on Form 8-K is not an offer to issue or exchange any of the New Notes or Old Notes described herein. The Exchange Offer and Consent Solicitation is being made, and copies of the confidential offering memorandum will only be made available, to a holder of Existing Notes who has certified its status as (i) a "qualified institutional buyer" under Rule 144A under the Securities Act of 1933, as amended (the "Securities Act") or (ii) a person who is not a "U.S. person" as defined under Regula

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release, dated February 5, 2024, issued by Kronos Worldwide, Inc. 104 Cover Page Interactive Data File (embedded within Inline XBRL document). SIGNATURE 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. KRONOS WORLDWIDE, INC. (Registrant) Date: February 5, 2024 By: /s/ Tim C. Hafer Tim C. Hafer, Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR