TKO Group Holdings Enters Material Definitive Agreement
Ticker: TKO · Form: 8-K · Filed: Nov 21, 2024 · CIK: 1973266
| Field | Detail |
|---|---|
| Company | Tko Group Holdings, Inc. (TKO) |
| Form Type | 8-K |
| Filed Date | Nov 21, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.00001, $2,750.0 million, $205.0 m, $85.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation
TL;DR
TKO Group Holdings just signed a big deal, watch their financials.
AI Summary
TKO Group Holdings, Inc. entered into a material definitive agreement on November 21, 2024, related to a direct financial obligation. The company, formerly known as New Whale Inc., is incorporated in Delaware and headquartered in New York.
Why It Matters
This filing indicates a significant financial commitment or obligation for TKO Group Holdings, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that require careful monitoring.
Key Numbers
- 001-41797 — SEC File Number (Identifies the company's filing with the SEC.)
- 92-3569035 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- TKO Group Holdings, Inc. (company) — Registrant
- New Whale Inc. (company) — Former Company Name
- November 21, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- New York (location) — Principal Executive Offices Location
FAQ
What is the nature of the material definitive agreement entered into by TKO Group Holdings, Inc.?
The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this excerpt.
When was the reported event for this 8-K filing?
The earliest event reported is November 21, 2024.
What was TKO Group Holdings, Inc. formerly known as?
TKO Group Holdings, Inc. was formerly known as New Whale Inc.
In which state is TKO Group Holdings, Inc. incorporated?
TKO Group Holdings, Inc. is incorporated in Delaware.
What is the business address of TKO Group Holdings, Inc.?
The business address is 200 Fifth Avenue, 7th Floor, New York, New York, 10010.
Filing Stats: 1,138 words · 5 min read · ~4 pages · Grade level 10.5 · Accepted 2024-11-21 17:14:32
Key Financial Figures
- $0.00001 — which registered Class A Common Stock, $0.00001 par value per share TKO New York St
- $2,750.0 million — ans in an aggregate principal amount of $2,750.0 million (the "New Term Loans"), which now matur
- $205.0 m — y") in an aggregate principal amount of $205.0 million, which now matures on November 21
- $85.0 million — inancial covenant is the greater of (i) $85.0 million and (ii) 40% of the borrowing capacity
Filing Documents
- d867484d8k.htm (8-K) — 30KB
- d867484dex101.htm (EX-10.1) — 1168KB
- 0001193125-24-263492.txt ( ) — 1608KB
- tko-20241121.xsd (EX-101.SCH) — 3KB
- tko-20241121_lab.xml (EX-101.LAB) — 18KB
- tko-20241121_pre.xml (EX-101.PRE) — 11KB
- d867484d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1* Fifth Refinancing Amendment, dated as of November 21, 2024, among Zuffa Guarantor, LLC, UFC Holdings, LLC, the lenders party thereto and Goldman Sachs Bank USA, as administrative agent. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). *Schedules and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. The Company undertakes to furnish supplemental copies of any of the omitted schedules upon request by the U.S. Securities and Exchange Commission.
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: November 21, 2024