StepStone Group Inc. Enters Material Definitive Agreement
Ticker: STEP · Form: 8-K · Filed: May 17, 2024 · CIK: 1796022
| Field | Detail |
|---|---|
| Company | Stepstone Group Inc. (STEP) |
| Form Type | 8-K |
| Filed Date | May 17, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $300,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
StepStone Group Inc. just signed a big deal creating a new financial obligation.
AI Summary
On May 16, 2024, StepStone Group Inc. entered into a Material Definitive Agreement related to a direct financial obligation. The filing details the creation of this obligation under an off-balance sheet arrangement. Specific details regarding the nature of the agreement and the financial obligation are provided within the document.
Why It Matters
This filing indicates a significant financial commitment or obligation for StepStone Group Inc., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The creation of a new financial obligation, especially one classified as 'material definitive,' introduces potential financial risks that warrant closer examination.
Key Players & Entities
- StepStone Group Inc. (company) — Registrant
- May 16, 2024 (date) — Date of earliest event reported
- 277 Park Avenue, 45th Floor New York, NY 10172 (location) — Principal Executive Offices
FAQ
What is the nature of the Material Definitive Agreement entered into by StepStone Group Inc.?
The filing states that StepStone Group Inc. entered into a Material Definitive Agreement, and it also pertains to the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. Specific details are within the document.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on May 16, 2024.
What is the principal executive office address for StepStone Group Inc.?
The principal executive office address for StepStone Group Inc. is 277 Park Avenue, 45th Floor, New York, NY 10172.
What is the SEC file number for StepStone Group Inc.?
The SEC file number for StepStone Group Inc. is 001-39510.
What is the IRS Employer Identification Number for StepStone Group Inc.?
The IRS Employer Identification Number for StepStone Group Inc. is 84-3868757.
Filing Stats: 669 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2024-05-17 16:05:42
Key Financial Figures
- $0.001 — stered Class A Common Stock, par value $0.001 per share STEP The Nasdaq Stock Mar
- $300,000,000 — amount of the commitments thereunder to $300,000,000 (as such amount may be later increased
Filing Documents
- d817513d8k.htm (8-K) — 26KB
- d817513dex101.htm (EX-10.1) — 846KB
- 0001193125-24-141712.txt ( ) — 1197KB
- step-20240516.xsd (EX-101.SCH) — 3KB
- step-20240516_lab.xml (EX-101.LAB) — 18KB
- step-20240516_pre.xml (EX-101.PRE) — 11KB
- d817513d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 10.1 Amended and Restated Credit Agreement, dated as of May 16, 2024, by and among StepStone Group LP, JPMorgan Chase Bank, N.A., as administrative agent and collateral agent, and certain other lenders party thereto. 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. Dated: May 17, 2024 StepStone Group Inc. By: /s/ David Park David Park Partner and Chief Financial Officer