Stagwell Inc. Files 8-K on Financial Condition
Ticker: STGW · Form: 8-K · Filed: Feb 27, 2024 · CIK: 876883
| Field | Detail |
|---|---|
| Company | Stagwell INC (STGW) |
| Form Type | 8-K |
| Filed Date | Feb 27, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: financial-condition, 8-K, corporate-filing
TL;DR
**Stagwell Inc. just dropped an 8-K on its financials, so keep an eye out for details on their performance!**
AI Summary
Stagwell Inc. filed an 8-K on February 27, 2024, reporting on its results of operations and financial condition. The filing indicates a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, with the earliest event reported also on February 27, 2024. The company, based in New York, NY, with IRS Employer Identification No. 86-1390679, is incorporated in Delaware and operates under the SEC File Number 001-13718.
Why It Matters
This filing provides an update on Stagwell Inc.'s financial health and operational performance, which can influence investor decisions and market perception.
Risk Assessment
Risk Level: low — This is a routine filing for reporting financial condition and does not inherently indicate high risk.
Key Players & Entities
- Stagwell Inc. (company) — Registrant
- February 27, 2024 (date) — Date of Report and Earliest Event Reported
- Delaware (location) — Jurisdiction of Incorporation
- 001-13718 (other) — Commission File Number
- 86-1390679 (other) — IRS Employer Identification No.
FAQ
What is the purpose of Stagwell Inc.'s 8-K filing on February 27, 2024?
The 8-K filing by Stagwell Inc. on February 27, 2024, is a Current Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically addressing 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits'.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing was on February 27, 2024.
Where is Stagwell Inc. incorporated?
Stagwell Inc. is incorporated in Delaware.
What is Stagwell Inc.'s Commission File Number?
Stagwell Inc.'s Commission File Number is 001-13718.
What is the business address of Stagwell Inc. as stated in the filing?
The business address of Stagwell Inc. is One World Trade Center, Floor 65, New York, NY 10007.
Filing Stats: 640 words · 3 min read · ~2 pages · Grade level 10.6 · Accepted 2024-02-27 07:22:58
Key Financial Figures
- $0.001 — which registered Class A Common Stock, $0.001 par value STGW NASDAQ Indicate by ch
Filing Documents
- stgw-20240227.htm (8-K) — 32KB
- stgw20231231pr.htm (EX-99.1) — 520KB
- a4q23earningspresentatio.htm (EX-99.2) — 35KB
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- a4q23earningspresentatio027.jpg (GRAPHIC) — 34KB
- imagea.jpg (GRAPHIC) — 7KB
- 0000876883-24-000003.txt ( ) — 4065KB
- stgw-20240227.xsd (EX-101.SCH) — 2KB
- stgw-20240227_lab.xml (EX-101.LAB) — 24KB
- stgw-20240227_pre.xml (EX-101.PRE) — 12KB
- stgw-20240227_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition On February 27, 2024, Stagwell Inc. (the "Company") issued an earnings release reporting its financial results for the year ended December 31, 2023. A copy of this earnings release is attached as Exhibit 99.1 hereto. Following the issuance of this earnings release, the Company will host an earnings call in which its financial results for the year ended December 31, 2023 will be discussed. The investor presentation to be used for the call is attached as Exhibit 99.2 hereto. The Company has posted the materials attached as Exhibit 99.1, and 99.2 on its website (www.stagwellglobal.com). The information found on, or otherwise accessible through, the Company's website is not incorporated into, and does not form a part of, this Current Report on Form 8-K. The foregoing information (including the exhibits hereto) is being furnished under "Item 2.02 - Results of Operations and Financial Condition". Such information (including the exhibits hereto) shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing. The foregoing information and the exhibits hereto contain forward-looking statements within the meaning of the federal securities laws. These statements are based on present expectations, and are subject to the limitations listed therein and in the Company's other SEC reports, including that actual events or results may differ materially from those in the forward-looking statements.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 99.1 Press release dated February 27, 2024, relating to the Company's results for the three and twelve months ended December 31, 2023. 99.2 Investor presentation dated February 27, 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 Company has duly caused this report to be signed by the undersigned hereunto duly authorized. Date: February 27, 2024 Stagwell Inc. By: /s/ Frank Lanuto Frank Lanuto Chief Financial Officer