NL Industries Enters Material Definitive Agreement
Ticker: NL · Form: 8-K · Filed: Jul 17, 2024 · CIK: 72162
| Field | Detail |
|---|---|
| Company | Nl Industries Inc (NL) |
| Form Type | 8-K |
| Filed Date | Jul 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
NL Industries just signed a big deal, watch their financials.
AI Summary
On July 16, 2024, NL Industries, Inc. entered into a material definitive agreement related to a direct financial obligation. The company, incorporated in New Jersey with its principal executive offices in Dallas, Texas, filed this 8-K report to disclose this significant event.
Why It Matters
This filing indicates a new financial commitment or obligation for NL Industries, Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can introduce new financial obligations or risks that may not be immediately apparent.
Key Players & Entities
- NL Industries, Inc. (company) — Registrant
- July 16, 2024 (date) — Date of earliest event reported
- New Jersey (jurisdiction) — State of incorporation
- Dallas, Texas (location) — Address of principal executive offices
FAQ
What type of material definitive agreement did NL Industries, Inc. enter into?
The filing indicates the entry into a material definitive agreement that creates a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant, but the specific details of the agreement are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on July 16, 2024.
What is the principal business of NL Industries, Inc. according to the filing?
According to the filing, NL Industries, Inc. is in the INDUSTRIAL INORGANIC CHEMICALS sector, SIC code 2810.
Where are the principal executive offices of NL Industries, Inc. located?
The principal executive offices of NL Industries, Inc. are located at 5430 LBJ Freeway, Suite 1700, Dallas, Texas 75240-2620.
What is the Commission File Number for NL Industries, Inc.?
The Commission File Number for NL Industries, Inc. is 1-640.
Filing Stats: 565 words · 2 min read · ~2 pages · Grade level 9.8 · Accepted 2024-07-17 16:16:16
Filing Documents
- nl-20240716x8k.htm (8-K) — 53KB
- 0000072162-24-000022.txt ( ) — 190KB
- nl-20240716.xsd (EX-101.SCH) — 3KB
- nl-20240716_lab.xml (EX-101.LAB) — 18KB
- nl-20240716_pre.xml (EX-101.PRE) — 13KB
- nl-20240716x8k_htm.xml (XML) — 5KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement.
03
Item 2.03 Creation of a Direct Financial Obligation of an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information disclosed by Kronos Worldwide, Inc., a Delaware corporation and an affiliate of the registrant ("Kronos Worldwide"), under Items 1.01 and 2.03 of the Current Report on Form 8-K dated July 16, 2024 that Kronos Worldwide (File No. 1-31763) filed with the U.S. Securities and Exchange Commission on July 17, 2024 is hereby incorporated herein by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. 1 (d) Exhibits Item No. Description 10.1 Purchase and Sale Agreement dated July 16, 2024 by and between Kronos Louisiana, Inc., Kronos Worldwide, Inc., Venator Investments, Ltd. and Venator Materials PLC – incorporated by reference to Exhibit 10.1 to Kronos Worldwide, Inc.'s Current Report on Form 8-K filed July 17, 2024 10.2 Second Amendment to Credit Agreement dated July 17, 2024 among Kronos Worldwide, Inc., Kronos Louisiana, Inc., Kronos (US), Inc., Kronos Canada, Inc., Kronos Europe NV, Kronos Titan GmbH, Wells Fargo Bank, National Association as administrative agent and the lenders a party thereto – incorporated by reference to Exhibit 10.2 to Kronos Worldwide, Inc.'s Current Report on Form 8-K filed July 17, 2024 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. NL INDUSTRIES, INC. (Registrant) Date: July 17, 2024 By: /s/Amy A. Samford Executive Vice President and Chief Financial Officer