TEAM Inc. Files 8-K for Material Definitive Agreement
Ticker: TISI · Form: 8-K · Filed: Mar 13, 2025 · CIK: 318833
| Field | Detail |
|---|---|
| Company | Team Inc (TISI) |
| Form Type | 8-K |
| Filed Date | Mar 13, 2025 |
| Risk Level | medium |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
TEAM Inc. just signed a big deal, creating a new financial obligation. Watch this space.
AI Summary
On March 12, 2025, TEAM Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, headquartered in Sugar Land, Texas, filed an 8-K report detailing this event. The filing also includes Regulation FD Disclosure and Financial Statements and Exhibits.
Why It Matters
This filing indicates a significant new financial commitment or obligation for TEAM Inc., which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement and creating a direct financial obligation can introduce new financial risks or opportunities that require careful monitoring.
Key Players & Entities
- TEAM Inc. (company) — Registrant
- March 12, 2025 (date) — Date of earliest event reported
- Sugar Land, Texas (location) — Principal Executive Offices
- Delaware (location) — State of Incorporation
FAQ
What type of material definitive agreement did TEAM Inc. enter into?
The filing states that TEAM Inc. entered into a material definitive agreement, creating a direct financial obligation or an obligation under an off-balance sheet arrangement. Specific details of the agreement are not provided in this summary.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on March 12, 2025.
Where are TEAM Inc.'s principal executive offices located?
TEAM Inc.'s principal executive offices are located at 13131 Dairy Ashford, Suite 600, Sugar Land, Texas 77478.
What is the SEC file number for TEAM Inc.?
The SEC file number for TEAM Inc. is 001-08604.
What is the IRS Employer Identification Number for TEAM Inc.?
The IRS Employer Identification Number for TEAM Inc. is 74-1765729.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on March 13, 2025 regarding TEAM INC (TISI).