NCR Voyix Corp Files 8-K: Asset Deal & Agreement Termination
Ticker: NCRRP · Form: 8-K · Filed: Sep 30, 2024 · CIK: 70866
| Field | Detail |
|---|---|
| Company | Ncr Voyix Corp (NCRRP) |
| Form Type | 8-K |
| Filed Date | Sep 30, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $251.9 million, $2.45 billion, $100 million, $192.5 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement-termination, asset-disposition, corporate-action
Related Tickers: NCR
TL;DR
NCR Voyix Corp terminated a key deal and closed an asset transaction on Sept 30th. 8-K filed.
AI Summary
NCR Voyix Corporation announced on September 30, 2024, the termination of a material definitive agreement and the completion of an acquisition or disposition of assets. The filing also includes other events and financial statements and exhibits.
Why It Matters
This 8-K filing indicates significant corporate actions by NCR Voyix, including changes in asset ownership or disposition and the conclusion of a material contract, which could impact its business operations and financial structure.
Risk Assessment
Risk Level: medium — The filing details significant corporate events like asset disposition and agreement termination, which inherently carry business and financial risks.
Key Players & Entities
- NCR Voyix Corporation (company) — Registrant
- 0001193125-24-229015 (filing_id) — Accession Number
- September 30, 2024 (date) — Date of Report
- 31-0387920 (tax_id) — IRS Employer Identification No.
- 001-00395 (commission_file_number) — SEC File Number
FAQ
What was the specific nature of the material definitive agreement that was terminated?
The filing does not specify the nature of the terminated material definitive agreement, only that it occurred on or before September 30, 2024.
What assets were involved in the acquisition or disposition of assets?
The filing does not provide details on the specific assets involved in the acquisition or disposition.
What are the 'Other Events' mentioned in the filing?
The filing does not elaborate on the specific 'Other Events' beyond the termination of an agreement and completion of an asset transaction.
When did NCR Voyix Corporation officially change its name from NCR Corp?
The filing indicates the name change from NCR Corp to NCR Voyix Corp occurred on October 19, 2023.
What is the primary business of NCR Voyix Corp according to its SIC code?
According to its SIC code [3578], NCR Voyix Corp is in the business of 'CALCULATING & ACCOUNTING MACHINES (NO ELECTRONIC COMPUTERS)'.
Filing Stats: 1,103 words · 4 min read · ~4 pages · Grade level 12.1 · Accepted 2024-09-30 16:15:59
Key Financial Figures
- $0.01 — ich registered Common Stock, par value $0.01 per share VYX New York Stock Exchan
- $251.9 million — (the "Company") voluntarily repaid all $251.9 million of accrued and unpaid amounts outstandi
- $2.45 billion — purchase price for the transaction was $2.45 billion in cash, subject to a customary post-cl
- $100 million — nt consideration of up to an additional $100 million in cash upon the achievement of a speci
- $192.5 million — al Banking Sale, the Company repaid all $192.5 million in loans outstanding under its term loa
- $200 million — ng under its term loan facility and all $200 million in loans outstanding under its revolvin
- $1,177,079,565 — nounced tender offers to purchase up to $1,177,079,565 aggregate purchase price, excluding acc
- $397,897,000 — he tender offers, the Company purchased $397,897,000 aggregate principal amount of the 2030
- $797,101,000 — principal amount of the 2030 Notes and $797,101,000 aggregate principal amount of the 2029
- $1,206,189,904 — tes, for an aggregate purchase price of $1,206,189,904.94, which included the tender offer con
Filing Documents
- d835311d8k.htm (8-K) — 29KB
- d835311dex991.htm (EX-99.1) — 7KB
- d835311dex992.htm (EX-99.2) — 21KB
- g835311g0930200414416.jpg (GRAPHIC) — 3KB
- g835311g0930223901196.jpg (GRAPHIC) — 3KB
- 0001193125-24-229015.txt ( ) — 192KB
- vyx-20240930.xsd (EX-101.SCH) — 3KB
- vyx-20240930_lab.xml (EX-101.LAB) — 17KB
- vyx-20240930_pre.xml (EX-101.PRE) — 11KB
- d835311d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits The following exhibits are attached with this current report on Form 8-K: Exhibit No. Description 99.1 Press Release by NCR Voyix Corporation announcing closing of the Digital Banking Sale, dated September 30, 2024 99.2 Press Release by NCR Voyix Corporation announcing reduction of debt and T/R Facility termination, dated September 30, 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. NCR Voyix Corporation By: /s/ Kelli E. Sterrett Kelli E. Sterrett Executive Vice President, General Counsel and Secretary Date: September 30, 2024