TKO Group Holdings Enters Material Definitive Agreement
Ticker: TKO · Form: 8-K · Filed: Oct 24, 2024 · CIK: 1973266
| Field | Detail |
|---|---|
| Company | Tko Group Holdings, Inc. (TKO) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | medium |
| Pages | 10 |
| Reading Time | 12 min |
| Key Dollar Amounts | $0.00001, $3.25 billion, $2.0 billion, $75.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, equity-securities, filing
TL;DR
TKO Group Holdings signed a big deal involving stock sales.
AI Summary
On October 23, 2024, TKO Group Holdings, Inc. entered into a material definitive agreement related to unregistered sales of equity securities. The filing also includes other events and financial statements and exhibits. TKO Group Holdings, Inc. is incorporated in Delaware and its principal executive offices are located at 200 Fifth Avenue, New York, NY.
Why It Matters
This filing indicates a significant contractual event for TKO Group Holdings, potentially impacting its equity structure and financial operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and unregistered equity sales can introduce financial and regulatory risks.
Key Numbers
- 001-41797 — SEC File Number (Identifies the company's filings with the SEC)
- 92-3569035 — IRS Employer Identification No. (Tax identification number for the company)
Key Players & Entities
- TKO Group Holdings, Inc. (company) — Registrant
- October 23, 2024 (date) — Date of earliest event reported
- 200 Fifth Avenue, New York, NY 10010 (location) — Principal executive offices
- New Whale Inc. (company) — Former company name
FAQ
What is the nature of the material definitive agreement entered into by TKO Group Holdings, Inc. on October 23, 2024?
The filing indicates the agreement is related to unregistered sales of equity securities.
What is TKO Group Holdings, Inc.'s former company name?
The former company name was New Whale Inc.
In which state is TKO Group Holdings, Inc. incorporated?
TKO Group Holdings, Inc. is incorporated in Delaware.
What is the address of TKO Group Holdings, Inc.'s principal executive offices?
The principal executive offices are located at 200 Fifth Avenue, 7th Floor, New York, New York 10010.
What is the SEC file number for TKO Group Holdings, Inc.?
The SEC file number is 001-41797.
Filing Stats: 2,978 words · 12 min read · ~10 pages · Grade level 16.6 · Accepted 2024-10-24 06:57:00
Key Financial Figures
- $0.00001 — which registered Class A Common Stock, $0.00001 par value per share TKO New York St
- $3.25 billion — mon Units, having an aggregate value of $3.25 billion (based on the volume-weighted average s
- $2.0 billion — zed a share repurchase program of up to $2.0 billion of its Class A common stock and the app
- $75.0 million — ck will receive their pro rata share of $75.0 million quarterly distributions to be made by T
Filing Documents
- d875145d8k.htm (8-K) — 47KB
- d875145dex101.htm (EX-10.1) — 697KB
- d875145dex991.htm (EX-99.1) — 22KB
- g875145g1024094324111.jpg (GRAPHIC) — 3KB
- 0001193125-24-242249.txt ( ) — 1069KB
- tko-20241023.xsd (EX-101.SCH) — 3KB
- tko-20241023_lab.xml (EX-101.LAB) — 18KB
- tko-20241023_pre.xml (EX-101.PRE) — 11KB
- d875145d8k_htm.xml (XML) — 4KB
Forward-Looking Statements
Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. All statements in this Current Report on Form 8-K that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Transaction, including the anticipated timing of the Closing, the parties' ability to complete the Transaction, the parties' entry into related ancillary agreements, the expected share ownership of the Company following the Transaction's consummation, and expectations regarding the Company's capital return program, including the purchases under and completion of the share repurchase program and the Company's dividend program, including the expected timing and amount of dividends thereunder. The words "believe," "may," "will," "estimate," "potential," "continue," "anticipate," "intend," "expect," "could," "contemplates," "would," "project," "plan," "target," and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements use these words or expressions. Any such forward-looking statement represents management's expectations as of the date of this filing. These statements are neither promises nor guarantees and involve known and unknown risks, uncertainties and other important factors that may cause actual results, performance or achievements to be materially different from what is expressed or implied by the forward-looking statements, including, but not limited to: the risk that the Transaction may not be completed in a timely manner or at all, which may adversely affect the Company's businesses and the price of its securities; uncert
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TKO GROUP HOLDINGS, INC. By: /s/ Andrew Schleimer Name: Andrew Schleimer Title: Chief Financial Officer Date: October 24, 2024