Meta Platforms Files 8-K on Financial Condition, Not Emerging Growth Co.

TL;DR

**Meta filed an 8-K on Feb 1, confirming its status as a non-emerging growth company with Class A Common Stock listed on Nasdaq.**

AI Summary

Meta Platforms, Inc. filed an 8-K on February 1, 2024, to report its financial condition and other events. This filing, under SEC file number 001-35551, indicates that Meta is not an emerging growth company and its Class A Common Stock (META) is registered on The Nasdaq Stock Market LLC. This matters to investors because it confirms Meta's status as a mature, established company with significant reporting obligations, providing transparency into its operations and financial health.

Why It Matters

This filing provides official confirmation of Meta's current reporting status and stock exchange listing, which is crucial for investors assessing the company's regulatory compliance and market presence.

Risk Assessment

Risk Level: low — This 8-K is a routine administrative filing and does not contain information that indicates new or increased financial risk.

Analyst Insight

A smart investor would note this routine administrative filing confirms Meta's established status and continued compliance with SEC reporting requirements, reinforcing its position as a mature public company.

Key Numbers

• 001-35551 — SEC File Number (Identifies Meta's specific filing record with the SEC.)
• 2024-02-01 — Date of Report (Indicates when the earliest event reported in the 8-K occurred.)

Key Players & Entities

• Meta Platforms, Inc. (company) — the registrant filing the 8-K
• February 1, 2024 (date) — date of earliest event reported and filing date
• 001-35551 (dollar_amount) — SEC file number for Meta Platforms, Inc.
• Delaware (company) — state of incorporation for Meta Platforms, Inc.
• 1 Meta Way, Menlo Park, California 94025 (company) — address of principal executive offices for Meta Platforms, Inc.
• 650-543-4800 (dollar_amount) — registrant's telephone number
• Class A Common Stock (company) — title of each class of securities registered
• META (company) — trading symbol for Meta Platforms, Inc.
• The Nasdaq Stock Market LLC (company) — name of exchange on which securities are registered

FAQ

Key Financial Figures

• $0.000006 — which registered Class A Common Stock, $0.000006 par value META The Nasdaq Stock Market
• $30.93 billion — piration date. As of December 31, 2023, $30.93 billion remained available and authorized for r
• $50 billion — 1, 2024, Meta announced an increase of $50 billion in the amount authorized for repurchase
• $0.50 — f directors declared a cash dividend of $0.50 per share of its outstanding Class A co

Filing Documents

• meta-20240201.htm (8-K) — 30KB
• meta-12312023xexhibit991.htm (EX-99.1) — 334KB
• meta-20240201_g1.jpg (GRAPHIC) — 16KB
• 0001326801-24-000010.txt ( ) — 552KB
• meta-20240201.xsd (EX-101.SCH) — 2KB
• meta-20240201_lab.xml (EX-101.LAB) — 24KB
• meta-20240201_pre.xml (EX-101.PRE) — 12KB
• meta-20240201_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On February 1, 2024, Meta Platforms, Inc. ("Meta") issued a press release and will hold a conference call regarding its financial results for the quarter and full year ended December 31, 2023. A copy of the press release is furnished as Exhibit 99.1 to this report. The information furnished with this Item 2.02, including Exhibit 99.1, 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 it be deemed incorporated by reference into any other filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. Meta is making reference to non-GAAP financial information in both the press release and the conference call. A reconciliation of GAAP to non-GAAP results is provided in the attached Exhibit 99.1 press release. Meta uses the investor.fb.com and about.fb.com/news/ websites as well as Mark Zuckerberg's Facebook Page (facebook.com/zuck), Instagram account (instagram.com/zuck) and Threads profile (threads.net/zuck) as means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD.

01 Other Events

Item 8.01 Other Events. Meta's board of directors has authorized a share repurchase program of its Class A common stock, which commenced in 2017 and does not have an expiration date. As of December 31, 2023, $30.93 billion remained available and authorized for repurchases under the program. On February 1, 2024, Meta announced an increase of $50 billion in the amount authorized for repurchases under the program. The timing and actual number of shares repurchased under the program depend on a variety of factors, including price, general business and market conditions, and other investment opportunities. Shares may be repurchased through open market purchases or privately negotiated transactions, including through the use of trading plans intended to qualify under Rule 10b5-1 under the Exchange Act. On February 1, 2024, Meta's board of directors declared a cash dividend of $0.50 per share of its outstanding Class A common stock and Class B common stock, payable on March 26, 2024 to stockholders of record as of the close of business on February 22, 2024.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Title or Description 99.1 Press release dated February 1, 202 4 104 Cover Page Interactive Data File (the cover page XBRL tags are 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. META PLATFORMS, INC. Date: February 1, 2024 By: /s/ Katherine R. Kelly Name: Katherine R. Kelly Title: Vice President and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR