NXP Semiconductors Enters Material Definitive Agreement
Ticker: NXPI · Form: 8-K · Filed: Jan 13, 2025 · CIK: 1413447
| Field | Detail |
|---|---|
| Company | Nxp Semiconductors N.V. (NXPI) |
| Form Type | 8-K |
| Filed Date | Jan 13, 2025 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
Related Tickers: NXPI
TL;DR
NXP just signed a big deal, creating a new financial obligation. Details in the filing.
AI Summary
On January 13, 2025, NXP Semiconductors N.V. entered into a material definitive agreement, creating a direct financial obligation. The filing details this agreement and related financial obligations, with further information available in the accompanying exhibits.
Why It Matters
This filing indicates a significant new financial commitment or agreement for NXP Semiconductors, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce financial risks and operational changes that warrant careful consideration.
Key Players & Entities
- NXP Semiconductors N.V. (company) — Registrant
- January 13, 2025 (date) — Date of earliest event reported
- 001-34841 (other) — Commission File Number
- High Tech Campus 60 (location) — Address of Principal Executive Offices
- Eindhoven (location) — City of Principal Executive Offices
FAQ
What type of material definitive agreement did NXP Semiconductors N.V. enter into?
The filing states that NXP Semiconductors N.V. entered into a material definitive agreement, which also resulted in the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details of the agreement are not provided in this summary section but are expected to be in the exhibits.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 13, 2025.
What is NXP Semiconductors N.V.'s Commission File Number?
NXP Semiconductors N.V.'s Commission File Number is 001-34841.
Where are NXP Semiconductors N.V.'s principal executive offices located?
NXP Semiconductors N.V.'s principal executive offices are located at High Tech Campus 60, Eindhoven, the Netherlands.
What is the significance of the 'Creation of a Direct Financial Obligation' item information?
This item information indicates that the material definitive agreement entered into by NXP Semiconductors N.V. has resulted in the company taking on a direct financial responsibility or commitment.
Filing Stats: 1,070 words · 4 min read · ~4 pages · Grade level 10.5 · Accepted 2025-01-13 16:01:17
Filing Documents
- d896442d8k.htm (8-K) — 32KB
- d896442dex101.htm (EX-10.1) — 518KB
- 0001193125-25-005299.txt ( ) — 749KB
- nxpi-20250113.xsd (EX-101.SCH) — 3KB
- nxpi-20250113_lab.xml (EX-101.LAB) — 17KB
- nxpi-20250113_pre.xml (EX-101.PRE) — 11KB
- d896442d8k_htm.xml (XML) — 3KB
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K includes forward-looking statements which include the intended use of proceeds for borrowings under the Facility Agreement, as well as any other statements which are not historical facts. By their nature, forward-looking statements are subject to numerous factors, risks and uncertainties that could cause actual outcomes and results to be materially different from those projected. Readers are cautioned not to place undue reliance on these forward- looking statements, which speak to results only as of the date the statements were made. Except for any ongoing obligation to disclose material information as required by the United States federal securities laws, the Company does not have any intention or obligation to publicly update or revise any forward-looking statements after filing this Current Report on Form 8-K, whether to reflect any future events or circumstances or otherwise. For a discussion of potential risks and uncertainties, please refer to the risk factors and other cautionary statements included in the Company's Securities and Exchange Commission (" SEC ") filings. Copies of the Company's SEC filings are available on its Investor Relations website, www.nxp.com/investor or from the SEC website, www.sec.gov . Item9.01.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 10.1*+ 360.0 Million Facility B Agreement, dated as of January 13, 2025, between NXP B.V. and the European Investment Bank. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain schedules and exhibits have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company agrees to furnish a copy of such schedules and exhibits, or any sections thereof, to the SEC upon request. + Certain identified information has been omitted from this exhibit because it is both not material and is the type that the registrant treats as private or confidential, in compliance with Regulation S-K Item 601(b)(10). 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. NXP SEMICONDUCTORS N.V. Date: January 13, 2025 By: /s/ Timothy Shelhamer Name: Timothy Shelhamer Title: SVP and Chief Corporate Counsel