Trimble Inc. Signs Material Definitive Agreement
Ticker: TRMB · Form: 8-K · Filed: Aug 1, 2024 · CIK: 864749
| Field | Detail |
|---|---|
| Company | Trimble Inc. (TRMB) |
| Form Type | 8-K |
| Filed Date | Aug 1, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, filing
TL;DR
Trimble signed a big deal, filing details today.
AI Summary
Trimble Inc. announced on July 29, 2024, that it has entered into a material definitive agreement. The company, incorporated in Delaware, filed an 8-K report detailing this agreement. The filing was made public on August 1, 2024.
Why It Matters
This filing indicates a significant new contract or partnership for Trimble Inc., which could impact its future revenue and strategic direction.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial performance and stock price.
Key Players & Entities
- Trimble Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- July 29, 2024 (date) — Date of earliest event reported
- August 1, 2024 (date) — Filing date
FAQ
What is the nature of the material definitive agreement entered into by Trimble Inc.?
The filing does not specify the nature of the material definitive agreement, only that one has been entered into as of July 29, 2024.
When was the 8-K filing submitted to the SEC?
The 8-K filing was submitted on August 1, 2024.
What is Trimble Inc.'s principal executive office address?
Trimble Inc.'s principal executive office is located at 10368 Westmoor Dr, Westminster, CO 80021.
What is Trimble Inc.'s telephone number?
Trimble Inc.'s telephone number is (720) 887-6100.
What is the SEC file number for Trimble Inc.?
The SEC file number for Trimble Inc. is 001-14845.
Filing Stats: 820 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2024-07-31 20:52:23
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share TRMB NASDAQ Global
Filing Documents
- trmb-20240729.htm (8-K) — 31KB
- trimble-consentandwaiverag.htm (EX-10.1) — 61KB
- 0000864749-24-000191.txt ( ) — 224KB
- trmb-20240729.xsd (EX-101.SCH) — 2KB
- trmb-20240729_lab.xml (EX-101.LAB) — 22KB
- trmb-20240729_pre.xml (EX-101.PRE) — 13KB
- trmb-20240729_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. As previously disclosed on a Current Report 8-K filed by Trimble Inc. (the " Company ") on May 22, 2024, the Company obtained a Consent and Waiver (the " First Consent and Waiver ") relating to the Credit Agreement, dated March 24, 2022, as amended (the " Credit Agreement "). Under the First Consent and Waiver, the Lenders party to the Credit Agreement and the Administrative Agent agreed to extend to August 12, 2024 the Company's deadline to deliver the Financial Deliverables (the " Financial Reporting Deadline ") for the fiscal quarter ending March 29, 2024 and to waive any Default or Event of Default resulting solely from the non-delivery of the Financial Deliverables with respect to the fiscal quarter ending March 29, 2024 on or prior to the original deadline set forth in the Credit Agreement (where capitalized terms, if not defined herein, are as defined in the Credit Agreement). On July 29, 2024, the Company obtained a second Consent and Waiver (the " Second Consent and Waiver ") relating to the Credit Agreement. Under the Second Consent and Waiver, the Lenders and the Administrative Agent agreed to extend the Financial Reporting Deadline to October 11, 2024 for the fiscal quarters ending March 29, 2024 and June 28, 2024 and to waive any Default or Event of Default resulting solely from the non-delivery of the Financial Deliverables with respect to the fiscal quarter ending June 28, 2024 on or prior to the original deadline set forth in the Credit Agreement. In addition, the Lenders and the Administrative Agent agreed to extend to August 27, 2024 the Company's deadline to deliver the Sustainability Pricing Certificate for the calendar year ending December 31, 2023. The foregoing description of the Second Consent and Waiver does not purport to be complete and is qualified in its entirety by reference to the full text of the Second Consent and Waiver, a copy of which is attached hereto as Exhibit 10.1. Th
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exh. No. Description 10.1 Consent and Waiver, dated July 29, 2024, to the Credit Agreement, dated March 24, 2022, as amended, by and among Trimble Inc., the Lenders party thereto and Bank of America, N.A., as Administrative Agent 104 The cover page from this Report on Form 8-K, formatted in Inline XBRL
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. TRIMBLE INC. a Delaware corporation Dated: July 31, 2024 By: /s/ David G. Barnes David G. Barnes Chief Financial Officer