TTM Technologies Enters Material Definitive Agreement
Ticker: TTMI · Form: 8-K · Filed: Aug 1, 2024 · CIK: 1116942
| Field | Detail |
|---|---|
| Company | Ttm Technologies Inc (TTMI) |
| Form Type | 8-K |
| Filed Date | Aug 1, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.001, $346.5 million, $1.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: debt, agreement, financial-obligation
Related Tickers: TTM
TL;DR
TTM Tech just signed a big financial deal, expect news on obligations.
AI Summary
On August 1, 2024, TTM Technologies, Inc. entered into a material definitive agreement related to a direct financial obligation. The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant.
Why It Matters
This filing signals a significant financial commitment or obligation for TTM Technologies, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — Material definitive agreements and financial obligations can introduce new risks related to debt, covenants, or operational changes.
Key Players & Entities
- TTM Technologies, Inc. (company) — Registrant
- August 1, 2024 (date) — Date of earliest event reported
FAQ
What specific type of material definitive agreement was entered into by TTM Technologies, Inc.?
The filing states the agreement relates to the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but does not specify the exact nature of the agreement.
What is the effective date of this material definitive agreement?
The earliest event reported is August 1, 2024, which is also the date of the report.
Does this filing detail the specific financial obligations TTM Technologies, Inc. has undertaken?
No, the filing indicates the creation of a financial obligation but does not provide specific details or dollar amounts within the provided text.
What is TTM Technologies, Inc.'s primary business as indicated by its SIC code?
TTM Technologies, Inc.'s Standard Industrial Classification (SIC) code is 3672, which corresponds to PRINTED CIRCUIT BOARDS.
Where is TTM Technologies, Inc. headquartered?
TTM Technologies, Inc. is headquartered at 200 East Sandpointe, Suite 400, Santa Ana, CA 92707.
Filing Stats: 643 words · 3 min read · ~2 pages · Grade level 10.7 · Accepted 2024-08-01 16:02:31
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value TTMI Nasdaq Global Select
- $346.5 million — ereto. The Amendment provides for a new $346.5 million senior secured term loan credit facilit
- $1.0 million — ncur fees and expenses of approximately $1.0 million related to the Amendment. The foregoi
Filing Documents
- d817144d8k.htm (8-K) — 24KB
- 0001193125-24-191480.txt ( ) — 143KB
- ttmi-20240801.xsd (EX-101.SCH) — 3KB
- ttmi-20240801_lab.xml (EX-101.LAB) — 18KB
- ttmi-20240801_pre.xml (EX-101.PRE) — 11KB
- d817144d8k_htm.xml (XML) — 4KB
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. TTM TECHNOLOGIES, INC. Date: August 1, 2024 /s/ Daniel J. Weber By: Daniel J. Weber Executive Vice President, Chief Legal Officer & Secretary