Insight Enterprises Files 8-K: Material Agreement, Other Events

Ticker: NSIT · Form: 8-K · Filed: May 15, 2024 · CIK: 932696

Sentiment: neutral

Topics: material-agreement, filing, corporate-events

Related Tickers: NSIT

TL;DR

Insight Enterprises (NSIT) signed a material definitive agreement on May 14, 2024. 8-K filed.

AI Summary

On May 14, 2024, Insight Enterprises, Inc. entered into a Material Definitive Agreement. The filing also includes other events and financial statements and exhibits. The company is incorporated in Delaware and its principal executive offices are located in Chandler, Arizona.

Why It Matters

This 8-K filing indicates a significant contractual development for Insight Enterprises, Inc., potentially impacting its business operations and financial standing.

Risk Assessment

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

Key Numbers

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement entered into by Insight Enterprises, Inc. on May 14, 2024?

The filing states that Insight Enterprises, Inc. entered into a Material Definitive Agreement on May 14, 2024, but the specific details of the agreement are not provided in this summary section of the 8-K.

What other information is included in this 8-K filing besides the material agreement?

This 8-K filing also includes information on 'Other Events' and 'Financial Statements and Exhibits'.

Where are Insight Enterprises, Inc.'s principal executive offices located?

Insight Enterprises, Inc.'s principal executive offices are located at 2701 East Insight Way, Chandler, Arizona 85286.

What is the state of incorporation for Insight Enterprises, Inc.?

Insight Enterprises, Inc. is incorporated in Delaware.

What is the Central Index Key (CIK) for Insight Enterprises, Inc.?

The Central Index Key (CIK) for Insight Enterprises, Inc. is 0000932696.

Filing Stats: 726 words · 3 min read · ~2 pages · Grade level 10.8 · Accepted 2024-05-15 08:59:36

Key Financial Figures

Filing Documents

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On May 14 2024, Insight Enterprises, Inc. (the "Company") entered into a fourth amendment to credit agreement (the "Fourth Amendment") with JPMorgan Chase Bank, N.A., as Administrative Agent (the "Agent"), the lenders party thereto, certain of Insight's subsidiaries organized in the United States, the United Kingdom, the Netherlands and Australia, as additional borrowers (collectively with Insight, the "Borrowers"), and certain of Insight's subsidiaries organized in the United States, the United Kingdom, the Netherlands, Australia and Canada, as guarantors (collectively, the "Guarantors"), which amends the credit agreement, dated as of August 30, 2019 (as amended, the "ABL Credit Agreement"), among Insight, the other Borrowers party thereto, the Guarantors party thereto, the lenders party thereto and the Agent, to, among other things, release certain immaterial guarantors from their obligations under the ABL Credit Agreement. The foregoing summary of the ABL Credit Agreement in this Item 1.01 does not purport to be complete and is subject to and qualified in its entirety by reference to the full text of the ABL Credit Agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

01. Other Events

Item 8.01. Other Events. On May 15, 2024, the Company issued a press release announcing its plan to offer, subject to market and other conditions, $500 million aggregate principal amount of senior notes due 2032. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by this reference. The information contained in this report is for informational purposes only and is neither an offer to sell nor a solicitation of an offer to buy any security and shall not constitute an offer to sell or a solicitation of an offer to buy, or a sale of, any security in any jurisdiction in which such offer, solicitation, or sale is unlawful.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Fourth Amendment to Credit Agreement, dated as of May 14, 2024, by and among Insight Enterprises, Inc., the subsidiaries of Insight Enterprises, Inc. party thereto as borrowers and guarantors, JPMorgan Chase Bank, N.A., as administrative agent, and the lenders party thereto. 99.1 Press release dated May 15, 2024 of Insight Enterprises, Inc.

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. Insight Enterprises, Inc. Date: May 15, 2024 By: /s/ Rachael A. Crump Rachael A. Crump Chief Accounting Officer

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