LiveWire Group Files 8-K for Material Agreement

Ticker: LVWR-WT · Form: 8-K · Filed: Dec 26, 2024 · CIK: 1898795

Sentiment: neutral

Topics: material-agreement, corporate-filing

Related Tickers: LVWR

TL;DR

LiveWire just filed an 8-K for a new material agreement - big moves ahead?

AI Summary

LiveWire Group, Inc. filed an 8-K on December 26, 2024, reporting an entry into a material definitive agreement on December 23, 2024. The filing also includes financial statements and exhibits. The company, formerly known as LW EV Holdings, Inc., is incorporated in Delaware and headquartered in Milwaukee, Wisconsin.

Why It Matters

This filing indicates a significant new agreement for LiveWire Group, which could impact its business operations, financial standing, and future strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial performance and stock price.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by LiveWire Group, Inc. on December 23, 2024?

The filing does not specify the details of the material definitive agreement, only that one was entered into on December 23, 2024.

When was this 8-K filing submitted to the SEC?

This 8-K filing was submitted on December 26, 2024.

What was LiveWire Group, Inc.'s former company name?

LiveWire Group, Inc.'s former company name was LW EV Holdings, Inc.

Where are LiveWire Group, Inc.'s principal executive offices located?

LiveWire Group, Inc.'s principal executive offices are located at 3700 West Juneau Avenue, Milwaukee, Wisconsin 53208.

What is the SIC code for LiveWire Group, Inc.?

The Standard Industrial Classification (SIC) code for LiveWire Group, Inc. is 3751, which corresponds to Motorcycles, Bicycles & Parts.

Filing Stats: 1,203 words · 5 min read · ~4 pages · Grade level 15.4 · Accepted 2024-12-26 17:18:29

Key Financial Figures

Filing Documents

01 Entry into a Material Agreement

Item 1.01 Entry into a Material Agreement. On December 23, 2024, LiveWire Group, Inc. by and through its wholly owned subsidiary LiveWire EV, LLC (herein together "LiveWire") entered into a Master Services Agreement (the "Master Services Agreement") with Harley-Davidson, Inc. ("H-D"). The Master Services Agreement will become effective on January 1, 2025, at which time, the master services agreement, dated September 22, 2022, between LiveWire and H-D, will terminate. Pursuant to the Master Services Agreement, H-D will provide LiveWire with certain services that LiveWire determined would be better outsourced at this time, including services that support testing and development, product regulatory support, color materials, finishes, paint and graphics, technical publication, application support and maintenance, service desk support, warehousing support, production development, safety investigation, marketing vehicle and fleet center, data privacy and security services, administration, human resources, EHS, insurance, QMS, warranty analytics, supply chain management, engineering, customer and dealer support, ESG support, financial reporting and accounting services, finance support services, fleet sales and marketing support, as LiveWire may request from time to time. The Master Services Agreement contemplates that each of the services shall be provided to LiveWire as detailed under the terms of the Master Services Agreement and the exhibit thereto or as set forth in a separate, mutually agreed upon letter agreement. The Master Services Agreement also provides that any service or project not contemplated by the Master Services Agreement will be set forth in a separate, mutually agreed upon side letter or letter agreement, and any fee for such service or project will be separate than the fee provided for in the Master Services Agreement. The Master Services Agreement has an initial term of seven years and will be renewable upon mutual agreement. The Master Services Agr

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . The following exhibit is being furnished herewith: Exhibit No. Description 10.1# Master Services Agreement, dated as of December 23, 2024, by and between LiveWire EV, LLC and Harley-Davidson, Inc. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) # Certain portions of this exhibit (indicated by "[***]") have been omitted pursuant to Regulation S-K, item 601(b)(10). 3

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. LiveWire Group, Inc. Date: December 26, 2024 /s/ Allen Gerrard Allen Gerrard General Counsel & Board Secretary 4

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