Outbrain Inc. Files 8-K Current Report
Ticker: TEAD · Form: 8-K · Filed: Sep 19, 2024 · CIK: 1454938
| Field | Detail |
|---|---|
| Company | Outbrain Inc. (TEAD) |
| Form Type | 8-K |
| Filed Date | Sep 19, 2024 |
| Risk Level | low |
| Pages | 7 |
| Reading Time | 8 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-k, regulatory-filing
TL;DR
Outbrain filed a routine 8-K, no major news yet.
AI Summary
Outbrain Inc. filed an 8-K on September 19, 2024, reporting an event on September 16, 2024. The filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934. No specific financial transactions or material events are detailed in the provided text, beyond the filing itself.
Why It Matters
This filing indicates Outbrain Inc. is fulfilling its regulatory reporting obligations by submitting a current report to the SEC.
Risk Assessment
Risk Level: low — The filing is a standard procedural 8-K report and does not contain information that suggests immediate risk.
Key Numbers
- 001-40643 — SEC File Number (Identifies the company's filings with the SEC)
- 20-5391629 — IRS Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Outbrain Inc. (company) — Registrant
- September 16, 2024 (date) — Earliest event reported
- September 19, 2024 (date) — Date of report
- 111 West 19th Street (address) — Principal executive offices
- New York, NY 10011 (address) — Principal executive offices
FAQ
What is the purpose of this Form 8-K filing for Outbrain Inc.?
The purpose is to serve as a Current Report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, indicating a material event or change.
When was the earliest event reported in this filing?
The earliest event reported was on September 16, 2024.
What is Outbrain Inc.'s principal executive office address?
Outbrain Inc.'s principal executive offices are located at 111 West 19th Street, New York, NY 10011.
What is Outbrain Inc.'s SEC File Number?
Outbrain Inc.'s SEC File Number is 001-40643.
Is this filing intended to satisfy any other reporting obligations under the Securities Act?
The filing explicitly states it is not intended to simultaneously satisfy the filing obligation under Rule 425 of the Securities Act, as indicated by the unchecked box.
Filing Stats: 2,111 words · 8 min read · ~7 pages · Grade level 19.8 · Accepted 2024-09-19 16:59:14
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share OB The Nasdaq Stock Market LL
Filing Documents
- outbrain-20240916.htm (8-K) — 37KB
- 0001454938-24-000177.txt ( ) — 166KB
- outbrain-20240916.xsd (EX-101.SCH) — 2KB
- outbrain-20240916_lab.xml (EX-101.LAB) — 22KB
- outbrain-20240916_pre.xml (EX-101.PRE) — 13KB
- outbrain-20240916_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events As previously disclosed, on August 1, 2024, Outbrain Inc., a Delaware corporation ("Outbrain"), entered into a definitive share purchase agreement (the "Agreement") with Altice Teads S.A., a public limited liability company (socit anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg and the sole shareholder of Teads S.A., a public limited liability company (socit anonyme) incorporated and existing under the laws of the Grand Duchy of Luxembourg ("Teads"), and Teads. Pursuant to the Agreement, Outbrain agreed to acquire all of the issued and outstanding share capital of Teads upon the terms and subject to the conditions set forth in the Agreement (the "Transaction"). The Transaction is subject to the satisfaction or waiver (to the extent permissible pursuant to applicable law) of certain closing conditions, including the expiration or termination of any applicable waiting period pursuant to the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the "HSR Act"). Effective as of 11:59 p.m. Eastern Time on September 16, 2024, the waiting period under the HSR Act expired with respect to the Transaction. The completion of the Transaction remains subject to the satisfaction or waiver (to the extent permissible pursuant to applicable law) of other closing conditions, including, but not limited to, regulatory approvals in jurisdictions outside the United States. Completion of the Transaction is currently expected to occur in the first quarter of 2025. Cautionary Note About Forward-Looking Statements This communication contains forward-looking statements within the meaning of the federal securities laws and the Private Securities Litigation Reform Act of 1995, which statements involve substantial risks and uncertainties. These statements are based on current expectations, estimates, forecasts and projections about the industries in which Outbrain and Teads operate, and beliefs and assumptions of Outbrai
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 4
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized. OUTBRAIN INC. Date: September 19, 2024 By: /s/ David Kostman Name: David Kostman Title: Chief Executive Officer 5