Virtu Financial Files 8-K: Confirms Non-Emerging Growth Status
Ticker: VIRT · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1592386
| Field | Detail |
|---|---|
| Company | Virtu Financial, Inc. (VIRT) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: regulatory-filing, corporate-governance, compliance
TL;DR
**Virtu Financial's 8-K is a routine update, no major news.**
AI Summary
Virtu Financial, Inc. filed an 8-K on January 25, 2024, to report the date of an earliest event, which was November 2, 2023. This filing indicates that the company is not an emerging growth company and its Class A common stock is registered for trading. For investors, this filing primarily serves as a procedural update, confirming the company's status and registration details, rather than announcing new financial results or significant operational changes.
Why It Matters
This filing is largely procedural, confirming Virtu Financial's status and stock registration, which is important for regulatory compliance but doesn't signal immediate financial impact.
Risk Assessment
Risk Level: low — This 8-K filing is purely administrative and does not contain any information that would introduce new risks or change the company's financial outlook.
Analyst Insight
Investors should note this as a routine compliance filing, not an indicator for immediate trading decisions. It confirms basic company status but offers no new financial or operational insights.
Key Numbers
- $0.00001 — Par value per share (Par value of Virtu Financial's Class A common stock)
Key Players & Entities
- Virtu Financial, Inc. (company) — the registrant filing the 8-K
- January 25, 2024 (date) — the date the 8-K report was filed
- November 2, 2023 (date) — the date of the earliest event reported in the 8-K
- Delaware (company) — state of incorporation for Virtu Financial, Inc.
- Class A common stock (company) — type of security registered by Virtu Financial, Inc.
- $0.00001 (dollar_amount) — par value per share of Class A common stock
FAQ
What is the purpose of this 8-K filing by Virtu Financial, Inc.?
The 8-K filing by Virtu Financial, Inc. on January 25, 2024, is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, primarily reporting the date of the earliest event (November 2, 2023) and confirming the company's status regarding emerging growth company provisions and its registered securities.
What is the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is November 2, 2023.
Is Virtu Financial, Inc. considered an 'emerging growth company' according to this filing?
No, the filing indicates with an unchecked box that Virtu Financial, Inc. is not an 'emerging growth company' as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
What type of securities are registered by Virtu Financial, Inc. as per this filing?
The filing states that 'Class A common stock, par value $0.00001 per' is registered pursuant to Section 12(b) of the Act.
What is the state of incorporation for Virtu Financial, Inc.?
Virtu Financial, Inc. is incorporated in Delaware, as stated in the filing.
Filing Stats: 559 words · 2 min read · ~2 pages · Grade level 9.9 · Accepted 2024-01-25 06:05:07
Key Financial Figures
- $0.00001 — tered: Class A common stock, par value $0.00001 per share VIRT The NASDAQ Stock Market
Filing Documents
- virt-20240125.htm (8-K) — 31KB
- exhibit991q423.htm (EX-99.1) — 405KB
- virtufinancialincpre_imagea.jpg (GRAPHIC) — 21KB
- 0001592386-24-000007.txt ( ) — 616KB
- virt-20240125.xsd (EX-101.SCH) — 2KB
- virt-20240125_lab.xml (EX-101.LAB) — 24KB
- virt-20240125_pre.xml (EX-101.PRE) — 12KB
- virt-20240125_htm.xml (XML) — 3KB
02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION On January 25, 2024, Virtu Financial, Inc. (the "Company") issued a press release setting forth its financial results for its quarter ended December 31, 2023. A copy of the Company's press release is attached as Exhibit 99.1 to this report. The Company does not intend for this Item 2.02 or Exhibit 99.1 to be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or to be incorporated by reference into filings under the Securities Act of 1933, as amended.
01 FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS (d) Exhibits Exhibit No. Description 99.1 Press release of Virtu Financial, Inc., dated January 2 5 , 202 4 and furnished pursuant to Item 2.02, "Results of Operations and Financial Condition." 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL 2 EXHIBIT INDEX Exhibit No. Description 99.1 Press release of Virtu Financial, Inc., dated January 25 , 202 4 and furnished pursuant to Item 2.02, "Results of Operations and Financial Condition." 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL 3
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. VIRTU FINANCIAL, INC. By: /s/ JUSTIN WALDIE Name: Justin Waldie Title: Senior Vice President, Secretary and General Counsel Dated: January 25, 2024 4