Turbo Energy Updates on Flood Impact
Ticker: TURB · Form: 6-K · Filed: Dec 16, 2024 · CIK: 1963439
| Field | Detail |
|---|---|
| Company | Turbo Energy, S.A. (TURB) |
| Form Type | 6-K |
| Filed Date | Dec 16, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: natural-disaster, business-update, operations
TL;DR
Turbo Energy S.A. (TURBO) is reporting on the impact of the Oct 29th Valencia floods.
AI Summary
On December 16, 2024, Turbo Energy, S.A. issued a press release detailing the economic and operational impact of flash flooding in Valencia, Spain on October 29, 2024. The company is providing a business update on the consequences of this event.
Why It Matters
This filing informs investors about the direct consequences of a natural disaster on Turbo Energy's operations and financial standing.
Risk Assessment
Risk Level: medium — Natural disasters can have unpredictable and significant impacts on a company's operations and financial performance.
Key Players & Entities
- Turbo Energy, S.A. (company) — Registrant providing business update
- Valencia, Spain (location) — Location of flash flooding event
- October 29, 2024 (date) — Date of flash flooding event
- December 16, 2024 (date) — Date of press release issuance
FAQ
What specific operational disruptions did Turbo Energy experience due to the flash flooding?
The filing states the press release provides a formal business update on the economic and operational impact, implying specific disruptions are detailed within the press release (Exhibit 99.1).
What is the estimated financial impact of the October 29th flooding on Turbo Energy?
The press release is described as providing an update on the 'economic and operational impact,' suggesting financial figures or estimates are likely included in the full press release.
Has Turbo Energy taken any measures to mitigate the impact of the flooding?
The filing does not explicitly state mitigation measures, but the issuance of a business update suggests the company is addressing and communicating the consequences.
When was the press release detailing the flood impact issued?
The press release was issued on December 16, 2024.
Where did the flash flooding event that impacted Turbo Energy occur?
The flash flooding event occurred in Valencia, Spain.
Filing Stats: 256 words · 1 min read · ~1 pages · Grade level 11.4 · Accepted 2024-12-16 16:54:21
Filing Documents
- ea0224925-6k_turbo.htm (6-K) — 10KB
- ea022492501ex99-1_turbo.htm (EX-99.1) — 9KB
- 0001213900-24-109355.txt ( ) — 20KB
From the Filing
OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of December 2024 Commission File Number: 001-41813 TURBO ENERGY, S.A. (Name of Registrant) Street Isabel la Católica, 8, Door 51, Valencia, Spain 46004 (Address of Principal Executive Office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F EXPLANATORY NOTE Issuance of Press Release On December 16, 2024, Turbo Energy, S.A. (the “Company”) issued a press release providing a formal business update on the economic and operational impact of the flash flooding event that occurred in Valencia, Spain on October 29, 2024. The press release furnished in this report as Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise EXHIBIT INDEX The following exhibits are attached: EXHIBIT NO. DESCRIPTION 99.1 Press Release titled “Turbo Energy Provides Update on Impact of Historical Flash Flooding Disaster on Business Operations in Valencia, Spain,” dated December 16, 2024 1 SIGNATURE 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, thereunto duly authorized. TURBO ENERGY, S.A. Date: December 16, 2024 By: /s/ Mariano Soria Mariano Soria Chief Executive Officer 2