Magnachip Semiconductor Corp Files 8-K on Officer/Director Changes
Ticker: MX · Form: 8-K · Filed: Mar 26, 2024 · CIK: 1325702
Sentiment: neutral
Topics: corporate-governance, filing, financials
TL;DR
Magnachip 8-K: Director/Officer changes and financial updates filed March 26.
AI Summary
Magnachip Semiconductor Corporation filed an 8-K on March 26, 2024, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits, with the earliest event reported being March 22, 2024.
Why It Matters
Changes in corporate officers and directors can signal shifts in company strategy, governance, or operational focus.
Risk Assessment
Risk Level: medium — Changes in key personnel and the filing of financial statements can indicate significant internal developments that may impact the company's future performance.
Key Players & Entities
- MAGNACHIP SEMICONDUCTOR Corp (company) — Registrant
- March 22, 2024 (date) — Earliest event reported
- March 26, 2024 (date) — Date of report
FAQ
What specific officer or director positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers,' but the specific names and positions are not detailed in the provided text.
What is the nature of the financial statements and exhibits included in this filing?
The filing states that 'Financial Statements and Exhibits' are included, but the specific details of these statements are not provided in the excerpt.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on March 22, 2024.
What is the SEC file number for Magnachip Semiconductor Corporation?
The SEC file number for Magnachip Semiconductor Corporation is 001-34791.
What is the primary business of Magnachip Semiconductor Corporation?
Magnachip Semiconductor Corporation operates in the 'SEMICONDUCTORS & RELATED DEVICES' industry, with the Standard Industrial Classification code 3674.
Filing Stats: 821 words · 3 min read · ~3 pages · Grade level 13.6 · Accepted 2024-03-26 16:21:02
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share MX New York Stock Exchang
Filing Documents
- d819823d8k.htm (8-K) — 28KB
- d819823dex101.htm (EX-10.1) — 27KB
- g819823g0326100017293.jpg (GRAPHIC) — 4KB
- g819823g0326100017522.jpg (GRAPHIC) — 2KB
- 0001193125-24-077621.txt ( ) — 198KB
- mx-20240322.xsd (EX-101.SCH) — 2KB
- mx-20240322_lab.xml (EX-101.LAB) — 19KB
- mx-20240322_pre.xml (EX-101.PRE) — 12KB
- d819823d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. The following exhibit is furnished as part of this report: Exhibit No. Description 10.1 Separation Agreement, dated as of March 22, 2024, by and among the Company, MSK and Chan Ho Park. 104 Cover Page Interactive Data File (embedded within the 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. Dated: March 26, 2024 MAGNACHIP SEMICONDUCTOR CORPORATION By: /s/ Theodore Kim Name: Theodore Kim Title: Chief Compliance Officer, General Counsel and Secretary