Trimble Inc. Files 8-K for Material Definitive Agreement
Ticker: TRMB · Form: 8-K · Filed: Oct 10, 2024 · CIK: 864749
| Field | Detail |
|---|---|
| Company | Trimble Inc. (TRMB) |
| Form Type | 8-K |
| Filed Date | Oct 10, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, contract
Related Tickers: TRMB
TL;DR
Trimble signed a big deal, details TBD.
AI Summary
On October 9, 2024, Trimble Inc. entered into a material definitive agreement. The filing does not provide specific details about the agreement, its counterparty, or any associated financial figures.
Why It Matters
This filing indicates a significant new contract or partnership for Trimble Inc., which could impact its future business operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and impact of the material definitive agreement.
Key Players & Entities
- Trimble Inc. (company) — Registrant
- October 9, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 10368 Westmoor Dr, Westminster, CO 80021 (address) — Principal executive offices
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.
Who is the counterparty to this material definitive agreement?
The filing does not disclose the identity of the other party to the agreement.
What is the effective date of this material definitive agreement?
The earliest event reported is October 9, 2024, which is the date of the report.
Are there any financial terms or obligations associated with this agreement disclosed in the filing?
No specific financial terms or obligations are disclosed in this filing.
Does this filing provide any exhibits or attachments that further detail the agreement?
The filing indicates 'Financial Statements and Exhibits' are included, but the content of these exhibits is not detailed in the provided text.
Filing Stats: 939 words · 4 min read · ~3 pages · Grade level 12.8 · Accepted 2024-10-10 17:12:21
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share TRMB NASDAQ Global
Filing Documents
- trmb-20241009.htm (8-K) — 32KB
- trimble-consentandwaiverag.htm (EX-10.1) — 53KB
- 0000864749-24-000246.txt ( ) — 216KB
- trmb-20241009.xsd (EX-101.SCH) — 2KB
- trmb-20241009_lab.xml (EX-101.LAB) — 22KB
- trmb-20241009_pre.xml (EX-101.PRE) — 13KB
- trmb-20241009_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 on Form 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 as of 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 the Company's deadline to deliver the Financial Deliverables (the " Financial Reporting Deadline ") to August 12, 2024 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). As previously disclosed on a Current Report on Form 8-K filed by the Company 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 quarters ending March 29, 2024 and 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 the Company's deadline to deliver the Sustainability Pricing Certificate to August 27, 2024 for the calendar year ending December 31, 2023. On October 9, 2024, the Company obtained a third Consent and Waiver (the " Third Consent and Waiver ") relating to the Credit Agreem
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exh. No. Description 10.1 Consent and Waiver, dated October 9, 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 Date: October 10, 2024 By: /s/ PHILLIP SAWARYNSKI Phillip Sawarynski Chief Financial Officer