Quantum Corp Files 8-K on Financials and Personnel

TL;DR

Quantum Corp dropped an 8-K detailing financials and exec changes as of April 8th.

AI Summary

Quantum Corporation filed an 8-K on April 12, 2024, reporting on results of operations and financial condition, director/officer changes, and financial statements. The filing covers events as of April 8, 2024, and includes information on their fiscal year ending March 31.

Why It Matters

This 8-K filing provides crucial updates on Quantum Corporation's financial performance and any changes in its leadership, which are key indicators for investors.

Risk Assessment

Risk Level: low — This is a routine filing reporting on financial results and corporate governance, not indicating immediate operational or financial distress.

Key Numbers

• 0331 — Fiscal Year End (Indicates the end of the company's financial reporting year.)
• 20240408 — Report Date (The earliest date of events reported in this filing.)

Key Players & Entities

• Quantum Corporation (company) — Registrant
• Delaware (jurisdiction) — State of Incorporation
• San Jose, CA (location) — Principal executive offices

FAQ

Key Financial Figures

• $0.01 — ich registered Common Stock, par value $0.01 per share QMCO The Nasdaq Stock Mar

Filing Documents

• d806220d8k.htm (8-K) — 25KB
• d806220dex991.htm (EX-99.1) — 14KB
• g806220g81s21.jpg (GRAPHIC) — 10KB
• 0001193125-24-094785.txt ( ) — 174KB
• qmco-20240408.xsd (EX-101.SCH) — 3KB
• qmco-20240408_lab.xml (EX-101.LAB) — 18KB
• qmco-20240408_pre.xml (EX-101.PRE) — 11KB
• d806220d8k_htm.xml (XML) — 4KB

From the Filing

8-K UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): April 8, 2024 Quantum Corporation (Exact name of registrant as specified in its charter) Delaware 001-13449 94-2665054 (State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 224 Airport Parkway , Suite 550 San Jose , CA 95110 (Address of principal executive offices) (Zip Code) (408) 944-4000 (Registrant's telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading symbol(s) Name of each exchange on which registered Common Stock, par value $0.01 per share QMCO The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 ( 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Item2.02 Results of Financial Operations and Financial Condition. On April 12, 2024, Quantum Corporation (the "Company") provided an update on its liquidity for the quarter ended March 31, 2024. A copy of the Company's press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be incorporated by reference into any filing of the Company under the Securities Act of 1933 or the Securities Exchange Act of 1934 (the "Exchange Act"), whether made before or after the date hereof, regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. Furthermore, the information in this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be "filed" for purposes of Section 18 of the Exchange Act, or otherwise be subject to the liabilities of that section. Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b)On April 8, 2024, Marc E. Rothman, a member of the Board of Directors (the "Board") of the Company, informed the Company of his decision to retire from the Board, effective as of the earlier of August 31, 2024 and the date of the Company's 2024 annual meeting of stockholders. Mr. Rothman's decision to retire did not involve any disagreement with the Company. Item9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release dated April 12, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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: April 12, 2024 QUANTUM CORPORATION By: /s/ Brian E. Cabrera Name: Brian E. Cabrera Title: Senior Vice President, Chief Administrative Officer, and Corporate Secretary

View Full Filing

View this 8-K filing on SEC EDGAR