PLBY Group Files 8-K for 'Other Event,' No Major Changes Reported
Ticker: PLBY · Form: 8-K · Filed: Jan 10, 2024 · CIK: 1803914
Complexity: simple
Sentiment: neutral
Topics: administrative, corporate-governance, 8-K
TL;DR
**PLBY filed a routine 8-K, no big news, just administrative updates.**
AI Summary
PLBY Group, Inc. filed an 8-K on January 10, 2024, to report an "Other Event." This filing primarily updates administrative details such as the company's current address at 10960 Wilshire Blvd., Suite 2200, Los Angeles, California, and confirms its trading symbol as PLBY on the Nasdaq Global Market. For investors, this filing indicates no significant operational or financial changes, suggesting business as usual for PLBY Group, Inc. on this date.
Why It Matters
This filing is largely administrative, confirming basic company information and indicating no immediate material changes that would impact PLBY Group's operations or financial health.
Risk Assessment
Risk Level: low — The filing reports an 'Other Event' but contains no information indicating any new risks or significant changes to the company's status.
Analyst Insight
A smart investor would note this filing as routine and not indicative of any immediate operational or financial shifts for PLBY Group, Inc., suggesting no urgent action is required based solely on this document.
Key Players & Entities
- PLBY Group, Inc. (company) — the registrant filing the 8-K
- Nasdaq Global Market (company) — the exchange where PLBY's common stock is registered
- January 10, 2024 (date) — date of earliest event reported and filing date
- 001-39312 (dollar_amount) — Commission File Number
- 37-1958714 (dollar_amount) — IRS Employer Identification No.
FAQ
What is the primary purpose of this 8-K filing by PLBY Group, Inc.?
The primary purpose of this 8-K filing, dated January 10, 2024, is to report an 'Other Event' and update administrative information, such as the company's current address and stock exchange listing, without detailing any specific material events.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 10, 2024, which is also the date the report was filed.
Where are PLBY Group, Inc.'s principal executive offices located, according to this filing?
According to the filing, PLBY Group, Inc.'s principal executive offices are located at 10960 Wilshire Blvd., Suite 2200, Los Angeles, California 90024.
What is the trading symbol and the exchange where PLBY Group, Inc.'s common stock is registered?
PLBY Group, Inc.'s common stock, with a $0.0001 par value per share, trades under the symbol PLBY and is registered on the Nasdaq Global Market.
Does this 8-K filing indicate that PLBY Group, Inc. is an 'emerging growth company'?
No, the filing indicates with an unchecked box (☐) that PLBY Group, Inc. is not an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 447 words · 2 min read · ~1 pages · Grade level 11.3 · Accepted 2024-01-10 16:21:28
Key Financial Figures
- $0.0001 — nge on which registered Common Stock, $0.0001 par value per share PLBY Nasdaq Global
- $1.00 — the Company's common stock has been at $1.00 per share or greater for more than 10 c
Filing Documents
- ply-20240110.htm (8-K) — 22KB
- 0001803914-24-000002.txt ( ) — 147KB
- ply-20240110.xsd (EX-101.SCH) — 2KB
- ply-20240110_lab.xml (EX-101.LAB) — 24KB
- ply-20240110_pre.xml (EX-101.PRE) — 13KB
- ply-20240110_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On January 10, 2024, PLBY Group, Inc. (the "Company") received a letter from The Nasdaq Stock Market LLC ("Nasdaq") stating that the Company had cured its previously disclosed minimum bid price deficiency pursuant to Nasdaq Listing Rule 5450(a)(1). As of the date of this Current Report on Form 8-K, the closing bid price of the Company's common stock has been at $1.00 per share or greater for more than 10 consecutive trading days. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) and this matter is now closed. 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. Dated: January 10, 2024 PLBY GROUP, INC. By: /s/ Chris Riley Name: Chris Riley Title: General Counsel and Secretary