NVE Corp Files 8-K/A Amendment No. 9 for 2006 Agreement
Ticker: NVEC · Form: 8-K/A · Filed: Jan 3, 2024 · CIK: 724910
| Field | Detail |
|---|---|
| Company | Nve CORP /New/ (NVEC) |
| Form Type | 8-K/A |
| Filed Date | Jan 3, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: amendment, historical-filing, material-agreement
TL;DR
**NVE Corp just filed an old 8-K/A, nothing new to see here.**
AI Summary
NVE Corporation filed an Amendment No. 9 to a Form 8-K on January 3, 2024, regarding an event that originally occurred on January 1, 2006. This amendment, filed under Item 1.01, 'Entry into a Material Definitive Agreement,' updates a previous filing from nearly two decades ago. For investors, this filing is a historical update and does not signal any new, immediate operational or financial changes for NVE Corp, as the underlying event is from 2006.
Why It Matters
This filing is an amendment to a very old event, meaning it's unlikely to have any current impact on NVE Corp's stock price or business operations. Investors should view it as a procedural update rather than a new development.
Risk Assessment
Risk Level: low — The filing is an amendment to an event from 2006, indicating it's a historical, procedural update with no new material risks.
Analyst Insight
Investors should recognize this as a routine, historical amendment and not a new development. No immediate action is warranted based on this filing alone.
Key Numbers
- 2006-01-01 — Original Event Date (The date of the material definitive agreement being amended.)
- 2024-01-03 — Filing Date (The date this Amendment No. 9 to the 8-K was filed.)
- 9 — Amendment Number (Indicates this is the ninth amendment to the original 8-K filing.)
Key Players & Entities
- NVE Corporation (company) — the registrant filing the 8-K/A
- January 1, 2006 (date) — the date of the earliest event reported in the original 8-K
- January 3, 2024 (date) — the date the 8-K/A was filed
- Amendment No. 9 (number) — the specific amendment number to the original 8-K
- 000-12196 (number) — NVE Corp's Commission File Number
Forward-Looking Statements
- This 8-K/A will have no material impact on NVE Corp's stock price. (NVE Corporation) — high confidence, target: 2024-01-04
FAQ
What is the purpose of this 8-K/A filing by NVE Corporation?
This 8-K/A is an Amendment No. 9 to a previous Form 8-K, specifically addressing an 'Entry into a Material Definitive Agreement' that originally occurred on January 1, 2006.
When was the original event reported in this amended filing?
The earliest event reported in the original Form 8-K, which this 8-K/A amends, occurred on January 1, 2006.
What is NVE Corporation's business address as listed in the filing?
NVE Corporation's business address is 11409 Valley View Road, Eden Prairie, Minnesota 55344, with a business phone number of (952) 829-9217.
What is the Central Index Key (CIK) for NVE Corporation?
The Central Index Key (CIK) for NVE Corporation is 0000724910.
Under which item of Form 8-K is this amendment filed?
This amendment is filed under Item 1.01, titled 'Entry into a Material Definitive Agreement'.
Filing Stats: 821 words · 3 min read · ~3 pages · Grade level 9 · Accepted 2024-01-03 16:05:34
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value NVEC The NASDAQ Stock Mar
Filing Documents
- nvec-20060101.htm (8-K/A) — 23KB
- nve_ex10z6.htm (EX-10.6) — 12KB
- nve8kz_1.gif (GRAPHIC) — 1KB
- 0001376474-24-000002.txt ( ) — 168KB
- nvec-20060101_def.xml (EX-101.DEF) — 2KB
- nvec-20060101_lab.xml (EX-101.LAB) — 17KB
- nvec-20060101_pre.xml (EX-101.PRE) — 11KB
- nvec-20060101.xsd (EX-101.SCH) — 2KB
- nvec-20060101_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. General Information We supply products to Abbott under the Supplier Partnering Agreement as amended. Description of the Terms and Conditions of the Amendment On January 2, 2024, we received a fully-executed Amendment No. 10 to the Supplier Partnering Agreement, which extends the Agreement term through December 31, 2024 and increases pricing for 2024. The Amendment is filed as Exhibit 10.6 to this Current Report on Form 8-K/A. 2 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. Date January 3 , 2024 NVE CORPORATION (Registrant) /s/ DANIEL A. BAKER Daniel A. Baker President & Chief Executive Officer 3 INDEX TO EXHIBITS Exhibit # Description 10.1 Indemnification Agreement by and between Pacesetter, Inc., a St. Jude Medical Company, d.b.a. St. Jude Medical Cardiac Rhythm Management Division, and the company (incorporated by reference to the Form 8-K filed September 27, 2005). 10.2+ Supplier Partnering Agreement by and between St. Jude and the company (incorporated by reference to the Form 8-K filed January 4, 2006). 10.3 Amendment No. 4 to Supplier Partnering Agreement between St. Jude and the company (incorporated by reference to the Form 8-K/A filed February 7, 2011). 10.4 Amendment No. 5 to Supplier Partnering Agreement between St. Jude and the company (incorporated by reference to the Form 8-K/A filed April 21, 2016). 10.5* Amendment No. 8 to Supplier Partnering Agreement between Abbott and the company (incorporated by reference to the Form 8-K/A filed February 2, 202 2). 10.6* Amendment No. 1 0 to Supplier Partnering Agreement between Abbott and the company (filed with this Current Report on Form 8-K/A). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). +Confidential portions of this ex