Trimble Inc. Enters Material Definitive Agreement
Ticker: TRMB · Form: 8-K · Filed: Dec 11, 2024 · CIK: 864749
| Field | Detail |
|---|---|
| Company | Trimble Inc. (TRMB) |
| Form Type | 8-K |
| Filed Date | Dec 11, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-definitive-agreement, 8-k
TL;DR
Trimble signed a big deal, details to come.
AI Summary
On December 9, 2024, Trimble Inc. entered into a material definitive agreement, the details of which are not fully disclosed in this filing. The company, incorporated in Delaware with its principal executive offices in Westminster, Colorado, filed this 8-K report on December 11, 2024, to disclose this significant event.
Why It Matters
This filing indicates a significant business development for Trimble Inc., potentially involving a new contract, partnership, or acquisition that could impact its future operations and financial performance.
Risk Assessment
Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its terms and potential impact on Trimble Inc.
Key Numbers
- 001-14845 — SEC File Number (Identifies Trimble Inc.'s filing with the SEC.)
- 94-2802192 — IRS Employer I.D. No. (Tax identification number for Trimble Inc.)
Key Players & Entities
- Trimble Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- Westminster, CO (location) — Principal executive offices
- December 9, 2024 (date) — Date of earliest event reported
- December 11, 2024 (date) — Date of report filing
FAQ
What is the nature of the material definitive agreement entered into by Trimble Inc. on December 9, 2024?
The filing does not disclose the specific nature or terms of the material definitive agreement, only that one was entered into.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted on December 11, 2024.
Where are Trimble Inc.'s principal executive offices located?
Trimble Inc.'s principal executive offices are located at 10368 Westmoor Dr, Westminster, CO 80021.
What is Trimble Inc.'s state of incorporation?
Trimble Inc. is incorporated in Delaware.
What is the earliest event date reported in this 8-K filing?
The earliest event date reported is December 9, 2024, which is the date of the material definitive agreement.
Filing Stats: 809 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2024-12-10 19:41:09
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value per share TRMB NASDAQ Global
Filing Documents
- trmb-20241209.htm (8-K) — 30KB
- trimble-consentandwaiverag.htm (EX-10.1) — 53KB
- 0000864749-24-000262.txt ( ) — 212KB
- trmb-20241209.xsd (EX-101.SCH) — 2KB
- trmb-20241209_lab.xml (EX-101.LAB) — 21KB
- trmb-20241209_pre.xml (EX-101.PRE) — 12KB
- trmb-20241209_htm.xml (XML) — 3KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement. As disclosed on Current Reports on Form 8-K filed by Trimble Inc. (the " Company ") on May 22, 2024, July 29, 2024 and October 10, 2024, the Company has previously obtained three separate Consent and Waiver Agreements (each, a "Consent and Waiver") relating to the Credit Agreement, dated as of March 24, 2022, as amended (the " Credit Agreement "), under which 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 ") for the fiscal quarters ending March 29, 2024, June 28, 2024 and September 27, 2024, and to waive any Default or Event of Default resulting solely from the non-delivery of such Financial Deliverables on or prior to the original deadlines set forth in the Credit Agreement (where capitalized terms, if not defined herein, are as defined in the Credit Agreement). The third Consent and Waiver extended the Financial Reporting Deadline to December 10, 2024. On December 9, 2024, the Company obtained a fourth Consent and Waiver (the " Fourth Consent and Waiver ") relating to the Credit Agreement. Under the Fourth Consent and Waiver, the Lenders and the Administrative Agent agreed to further extend the Financial Reporting Deadline to January 10, 2025 for the fiscal quarters ending March 29, 2024, June 28, 2024 and September 27, 2024 and to waive any Default or Event of Default resulting solely from the non-delivery of such Financial Deliverables on or prior to the original deadline set forth in the Credit Agreement. The foregoing description of the Fourth Consent and Waiver does not purport to be complete and is qualified in its entirety by reference to the full text of the Fourth Consent and Waiver, a copy of which is attached hereto as Exhibit 10.1. As disclosed on a Current Report on Form 8-K dated December 9, 2024 and filed by the Company on December 10, 2024, the previously
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exh. No. Description 10.1 Consent and Waiver, dated December 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: December 10, 2024 By: /s/ PHILLIP SAWARYNSKI Phillip Sawarynski Chief Financial Officer