Stryker Corp Files 8-K: Material Agreement & Financials
Ticker: SYK · Form: 8-K · Filed: Jan 7, 2025 · CIK: 310764
| Field | Detail |
|---|---|
| Company | Stryker Corp (SYK) |
| Form Type | 8-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | low |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.001, $80.00, $163 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, financial-statements, regulation-fd
TL;DR
Stryker filed an 8-K on Jan 6, 2025, detailing a material definitive agreement and financial disclosures.
AI Summary
On January 6, 2025, Stryker Corporation entered into a material definitive agreement related to its senior unsecured notes. The filing also includes financial statements and exhibits, and a Regulation FD disclosure.
Why It Matters
This 8-K filing indicates a significant contractual event for Stryker Corporation, potentially impacting its financial structure and investor relations.
Risk Assessment
Risk Level: low — The filing is a standard 8-K reporting a material definitive agreement and financial information, not indicating immediate operational or financial distress.
Key Numbers
- 0001193125-25-002537 — Accession Number (Unique identifier for the filing)
- 2693852600 — Business Phone (Stryker Corp's contact number)
Key Players & Entities
- Stryker Corporation (company) — Filer of the 8-K
- January 6, 2025 (date) — Date of the material definitive agreement
- 1941 Stryker Way, Portage, MI 49002 (address) — Stryker Corp's business and mailing address
FAQ
What specific material definitive agreement did Stryker Corporation enter into on January 6, 2025?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the provided text, only that it is related to senior unsecured notes.
What is the purpose of an 8-K filing?
An 8-K filing is used to announce major corporate events that shareholders should know about, such as material definitive agreements, bankruptcy, or changes in directors.
What are the different types of senior unsecured notes mentioned in the filing?
The filing lists several series of senior unsecured notes with varying interest rates and maturity dates, including notes due 2024, 2027, 2028, 2029, 2030, 2031, 2032, and 2036.
What is Stryker Corporation's Standard Industrial Classification (SIC) code?
Stryker Corporation's SIC code is 3841, which corresponds to Surgical & Medical Instruments & Apparatus.
When is Stryker Corporation's fiscal year end?
Stryker Corporation's fiscal year ends on December 31st.
Filing Stats: 3,044 words · 12 min read · ~10 pages · Grade level 17 · Accepted 2025-01-07 06:58:03
Key Financial Figures
- $0.001 — " Shares ") of common stock, par value $0.001 per share, of Inari, at a price of $80.
- $80.00 — .001 per share, of Inari, at a price of $80.00 per Share (the " Offer Price "), net to
- $163 million — i will pay Stryker a termination fee of $163 million. The foregoing description of the Mer
Filing Documents
- d899660d8k.htm (8-K) — 60KB
- d899660dex21.htm (EX-2.1) — 488KB
- d899660dex991.htm (EX-99.1) — 16KB
- g899660g0107033853517.jpg (GRAPHIC) — 2KB
- 0001193125-25-002537.txt ( ) — 899KB
- syk-20250106.xsd (EX-101.SCH) — 6KB
- syk-20250106_def.xml (EX-101.DEF) — 16KB
- syk-20250106_lab.xml (EX-101.LAB) — 27KB
- syk-20250106_pre.xml (EX-101.PRE) — 17KB
- d899660d8k_htm.xml (XML) — 14KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Exhibit 2.1* Agreement and Plan of Merger, dated as of January 6, 2025, between Inari Medical, Inc. and Stryker Corporation 99.1** Joint Press Release, dated January 6, 2025 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL * Schedules omitted pursuant to Item 601(a)(5) of Regulation S-K. Stryker agrees to furnish supplementally a copy of any omitted schedule to the SEC upon request. ** Furnished, not filed. -5- 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. STRYKER CORPORATION Date: January 7, 2025 By: /s/ GLENN S. BOEHNLEIN Name: Glenn S. Boehnlein Title: Vice President, Chief Financial Officer -6-