QuickLogic Corp Enters Material Definitive Agreement
Ticker: QUIK · Form: 8-K · Filed: Mar 20, 2025 · CIK: 882508
| Field | Detail |
|---|---|
| Company | Quicklogic Corp (QUIK) |
| Form Type | 8-K |
| Filed Date | Mar 20, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, sec-filing
TL;DR
QuickLogic signed a big deal, could mean new debt or obligations.
AI Summary
On March 20, 2025, QuickLogic Corporation entered into a Material Definitive Agreement. This filing also indicates the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of the registrant. The company is based in San Jose, CA, and operates in the Semiconductors & Related Devices industry.
Why It Matters
This filing signals a significant new contract or financial commitment for QuickLogic Corporation, potentially impacting its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and potential new financial obligations can introduce financial risks and operational changes that warrant careful monitoring.
Key Numbers
- 000-22671 — SEC File Number (Identifies the company's filing history with the SEC.)
- 77-0188504 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- QuickLogic Corporation (company) — Registrant
- March 20, 2025 (date) — Date of Report
- San Jose, CA (location) — Company Address
- 3674 (industry_code) — Standard Industrial Classification
FAQ
What type of Material Definitive Agreement did QuickLogic Corporation enter into?
The filing indicates the entry into a Material Definitive Agreement but does not specify the exact nature of the agreement in the provided text.
What is the nature of the Direct Financial Obligation or Off-Balance Sheet Arrangement?
The filing states the creation of such an obligation but does not provide specific details about its terms or amount.
When was this agreement or obligation established?
The earliest event reported is March 20, 2025.
Where is QuickLogic Corporation headquartered?
QuickLogic Corporation is headquartered at 2220 Lundy Avenue, San Jose, CA 95131-1816.
What industry does QuickLogic Corporation operate in?
QuickLogic Corporation operates in the Semiconductors & Related Devices industry, with SIC code 3674.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 20, 2025 regarding QUICKLOGIC Corp (QUIK).