Viad Corp Files 8-K: Financial Statements & Exhibits

TL;DR

Viad Corp filed an 8-K, mostly just standard financial docs. Nothing major to see here.

AI Summary

On December 9, 2024, Viad Corp filed an 8-K report. The filing primarily serves as a notification of the company's financial statements and exhibits, without detailing specific new financial events or material changes. It confirms Viad Corp's ongoing reporting obligations.

Why It Matters

This filing indicates Viad Corp is fulfilling its regular reporting requirements, providing investors with access to its financial statements and exhibits as mandated by the SEC.

Risk Assessment

Risk Level: low — The filing is a routine disclosure of financial statements and exhibits, not indicating any new risks or material adverse events.

Key Numbers

• 001-11015 — SEC File Number (Identifies Viad Corp's filing history with the SEC.)
• 36-1169950 — IRS Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• Viad Corp (company) — Registrant
• 0000950170-24-134608 (filing_id) — Accession Number
• December 09, 2024 (date) — Report Date
• 7000 East 1st Avenue, Scottsdale, Arizona 85251-4304 (address) — Principal Executive Offices
• Delaware (jurisdiction) — State of Incorporation

FAQ

Key Financial Figures

• $1.50 — nge on which registered Common Stock, $1.50 Par Value VVI New York Stock Exchan
• $0.01 — Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock") and (
• $42.50 — WAP") per share of Common Stock exceeds $42.50 for at least twenty trading days (wheth

Filing Documents

• vvi-20241209.htm (8-K) — 50KB
• vvi-ex99_1.htm (EX-99.1) — 18KB
• img215975054_0.jpg (GRAPHIC) — 4KB
• 0000950170-24-134608.txt ( ) — 195KB
• vvi-20241209.xsd (EX-101.SCH) — 24KB
• vvi-20241209_htm.xml (XML) — 5KB

01. Regulation FD Disclosure

Item 7.01. Regulation FD Disclosure. On December 9, 2024, Viad Corp, a Delaware corporation (the "Company"), issued a press release announcing its (i) intent to effect a mandatory conversion (the "Mandatory Conversion") of all of the shares of its 5.5% Series A Convertible Preferred Stock, par value $0.01 per share (the "Preferred Stock") and (ii) issuance of a Notice of Conversion (the "Conversion Notice") to holders (the "Holders") of the Company's Preferred Stock, providing notice to the Holders of the Company's intent to exercise its Mandatory Conversion right pursuant to the terms of the Certificate of Designations of 5.5% Series A Preferred Stock filed by the Company with the Secretary of State of the State of Delaware on August 5, 2020 ("Certificate of Designations"). The Certificate of Designations provides the Company the right to effect the Mandatory Conversion of all, but not less than all, of the outstanding shares of Preferred Stock, but only if the volume-weighted average price ("VWAP") per share of Common Stock exceeds $42.50 for at least twenty trading days (whether or not consecutive) during the thirty consecutive trading days ending on, and including, the trading day immediately prior to date of the Conversion Notice for such Mandatory Conversion. This VWAP threshold was met on December 6, 2024. The Company has established the effective date of the Mandatory Conversion as December 31, 2024, at which time, all 135,000 shares of Preferred Stock will be converted into approximately 6.7 million shares of Viad's common stock, par value $1.50 per share (the "Common Stock"), in accordance with the terms of the Certificate of Designations. Currently, there are approximately 21.3 million shares of Common Stock outstanding. Following the settlement of the Mandatory Conversion, there will be approximately 28 million shares of Common Stock outstanding (assuming no additional shares of Common Stock are issued between the date hereof and the Mandatory Conv

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Viad Corp Press Release dated December 9, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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. Viad Corp (Registrant) Date: December 9, 2024 By: /s/ Jonathan A. Massimino Jonathan A. Massimino Title: General Counsel & Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR