System1, Inc. Files 8-K on Financials
Ticker: SSTPW · Form: 8-K · Filed: Mar 18, 2024 · CIK: 1805833
| Field | Detail |
|---|---|
| Company | System1, Inc. (SSTPW) |
| Form Type | 8-K |
| Filed Date | Mar 18, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-reporting, 8-K
TL;DR
System1 dropped an 8-K on March 18th detailing their financials. Check it out.
AI Summary
System1, Inc. filed an 8-K on March 18, 2024, reporting on its results of operations and financial condition. The filing includes financial statements and exhibits. The company, formerly known as Trebia Acquisition Corp., is based in Marina Del Rey, California.
Why It Matters
This filing provides crucial updates on System1, Inc.'s financial performance and condition, which is essential for investors to assess the company's current health and future prospects.
Risk Assessment
Risk Level: low — This is a routine financial reporting filing and does not indicate any immediate or significant new risks.
Key Players & Entities
- System1, Inc. (company) — Registrant
- Trebia Acquisition Corp. (company) — Former name of registrant
- March 18, 2024 (date) — Date of report
- March 15, 2024 (date) — Date as of change
- 4235 Redwood Avenue, Marina Del Rey, California 90066 (location) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing for System1, Inc.?
The primary purpose of this 8-K filing is to report on System1, Inc.'s Results of Operations and Financial Condition, and it includes Financial Statements and Exhibits.
When was the report filed, and what is the earliest event date reported?
The report was filed as of March 18, 2024, and the date of the earliest event reported is also March 18, 2024.
What was System1, Inc.'s former name?
System1, Inc.'s former name was Trebia Acquisition Corp.
Where are System1, Inc.'s principal executive offices located?
System1, Inc.'s principal executive offices are located at 4235 Redwood Avenue, Marina Del Rey, California 90066.
What is System1, Inc.'s IRS Employer Identification Number?
System1, Inc.'s IRS Employer Identification Number is 92-3978051.
Filing Stats: 604 words · 2 min read · ~2 pages · Grade level 10.8 · Accepted 2024-03-15 20:23:35
Key Financial Figures
- $0.0001 — hich registered Class A Common Stock, $0.0001 par value per share SST New York Stock
- $11.50 — mon Stock share at an exercise price of $11.50 per share SST.WS New York Stock Exchang
Filing Documents
- sst-20240318.htm (8-K) — 32KB
- ex991q42023earningsrelease.htm (EX-99.1) — 208KB
- system1logobmp.jpg (GRAPHIC) — 5KB
- 0001805833-24-000044.txt ( ) — 430KB
- sst-20240318.xsd (EX-101.SCH) — 3KB
- sst-20240318_def.xml (EX-101.DEF) — 16KB
- sst-20240318_lab.xml (EX-101.LAB) — 28KB
- sst-20240318_pre.xml (EX-101.PRE) — 16KB
- sst-20240318_htm.xml (XML) — 4KB
02 - Results of Operations and Financial Condition
Item 2.02 - Results of Operations and Financial Condition On March 18, 2024, System1, Inc. (the "Company") issued a press release announcing financial results for its quarter and year ended December 31, 2023. The full text of the Company's press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information in this Item 2.02 (including Exhibit 99.1) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as expressly set forth by specific reference in such a filing. The Company makes reference to certain non-GAAP financial measures in the press release. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures and reasons for why the Company believes these non-GAAP financial measures are useful are contained in the attached press release.
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits (d) Exhibits. Exhibit No. Description 99.1 Press Release dated March 18, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. System1, Inc. Date: March 18, 2024 By: /s/ Tridivesh Kidambi Name: Tridivesh Kidambi Title: Chief Financial Officer 3