Outbrain Inc. Files 8-K Report
Ticker: TEAD · Form: 8-K · Filed: Nov 29, 2024 · CIK: 1454938
| Field | Detail |
|---|---|
| Company | Outbrain Inc. (TEAD) |
| Form Type | 8-K |
| Filed Date | Nov 29, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, other-events
TL;DR
Outbrain filed an 8-K, something happened, details TBD.
AI Summary
On November 28, 2024, Outbrain Inc. filed an 8-K report to disclose other events. The filing does not contain specific details about the nature of these events, dollar amounts, or definitive dates beyond the report date.
Why It Matters
This 8-K filing indicates that Outbrain Inc. has reported an event requiring immediate disclosure to the SEC, which could be material to investors.
Risk Assessment
Risk Level: medium — The filing is an 8-K for 'Other Events', which is broad and could encompass significant developments not yet fully disclosed.
Key Players & Entities
- Outbrain Inc. (company) — Registrant
- 111 West 19th Street (location) — Principal executive offices address
- New York, NY 10011 (location) — Principal executive offices address
FAQ
What specific event(s) are being reported under 'Other Events' in this 8-K filing?
The filing does not specify the exact nature of the 'Other Events' beyond indicating that a report is being made.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on November 28, 2024.
What is Outbrain Inc.'s principal executive office address?
Outbrain Inc.'s principal executive office is located at 111 West 19th Street, New York, NY 10011.
What is Outbrain Inc.'s telephone number?
Outbrain Inc.'s telephone number is (646) 867-0149.
What is the SEC file number for Outbrain Inc.?
Outbrain Inc.'s SEC file number is 001-40643.
Filing Stats: 2,274 words · 9 min read · ~8 pages · Grade level 19 · Accepted 2024-11-29 16:11:47
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share OB The Nasdaq Stock Market LL
Filing Documents
- outbrain-20241128.htm (8-K) — 38KB
- 0001454938-24-000219.txt ( ) — 168KB
- outbrain-20241128.xsd (EX-101.SCH) — 2KB
- outbrain-20241128_lab.xml (EX-101.LAB) — 22KB
- outbrain-20241128_pre.xml (EX-101.PRE) — 13KB
- outbrain-20241128_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events As previously announced, on August 1, 2024, Outbrain Inc., a Delaware corporation (the "Company" or "Outbrain"), entered into a Share Purchase Agreement with Altice Teads S.A. ("Altice Teads"), a public limited liability company ( socit anonyme ) incorporated and existing under the laws of the Grand Duchy of Luxembourg, and Teads S.A., a public limited liability company ( socit anonyme ) incorporated and existing under the laws of the Grand Duchy of Luxembourg ("Teads"), pursuant to which Outbrain will acquire, directly and via certain of its subsidiaries, all of the issued and outstanding equity interests of Teads from Altice Teads, after which Teads will become a wholly owned subsidiary of Outbrain (the "Transaction"). On Wednesday, November 27, 2024, Altice International S. r.l. ("Altice International") announced its financial and operating results for the quarter ended September 30, 2024. On Thursday, November 28, 2024, Altice International made available condensed interim consolidated financial statements as of and for the three and nine-month periods ended September 30, 2024 (the "Altice International Q3 Results"). The financial results of Teads as of and for such periods are contained in the Altice International Q3 Results. The Altice International Q3 Results were prepared in accordance with International Financial Reporting Standards as adopted in the European Union ("IFRS-EU"). IFRS-EU differs from U.S. GAAP in a number of significant respects, and results for Teads as a discontinued operation as reported in the Altice International Q3 Results may be different from standalone results for Teads. For additional information regarding the Altice International Q3 Results, please refer to "Altice International – Q3 2024 Results" and "Altice International – Q3 2024 Condensed Interim Financial Statements", which are available on Altice International's website at https://altice.net/altice-international . Altice Teads is a subsidiary of Alti