Varex Imaging Corp Files Amendment on Material Agreement Termination
Ticker: VREX · Form: 8-K/A · Filed: Jan 6, 2025 · CIK: 1681622
Sentiment: neutral
Topics: amendment, material-agreement, termination
TL;DR
Varex Imaging amended its 8-K filing, confirming the termination of a material definitive agreement as of December 20, 2024.
AI Summary
Varex Imaging Corporation filed an amendment (8-K/A) on January 6, 2025, regarding an event that occurred on December 20, 2024. The filing pertains to the termination of a material definitive agreement. The company, incorporated in Delaware, is headquartered in Salt Lake City, Utah.
Why It Matters
This amendment clarifies or updates information regarding the termination of a significant contract, which could impact Varex Imaging's business operations or financial standing.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement can indicate potential business disruptions or financial implications for the company.
Key Numbers
- 001-37860 — SEC File Number (Identifies Varex Imaging's filings with the SEC.)
- 81-3434516 — I.R.S. Employer Identification Number (Company's tax identification number.)
Key Players & Entities
- Varex Imaging Corporation (company) — Registrant
- December 20, 2024 (date) — Date of earliest event reported
- January 6, 2025 (date) — Filing Date
- Salt Lake City, Utah (location) — Principal executive offices location
- Delaware (location) — State of incorporation
FAQ
What specific material definitive agreement was terminated?
The filing does not specify the exact name or details of the terminated material definitive agreement, only that it is the subject of this amendment.
What is the reason for the amendment to the original 8-K filing?
The amendment (8-K/A) is filed to provide updated or corrected information regarding the termination of a material definitive agreement.
When was the termination of the material definitive agreement effective?
The earliest event reported, which is the termination of the material definitive agreement, occurred on December 20, 2024.
What is Varex Imaging Corporation's primary business?
Varex Imaging Corporation is involved in the business of Electronic Components, NEC, as indicated by its SIC code [3679].
Where is Varex Imaging Corporation's principal executive office located?
The principal executive offices of Varex Imaging Corporation are located at 1678 S. Pioneer Road, Salt Lake City, Utah 84104.
Filing Stats: 530 words · 2 min read · ~2 pages · Grade level 13.1 · Accepted 2025-01-03 18:53:02
Key Financial Figures
- $20.0 m — ured equipment credit facility of up to $20.0 million, was closed, effective December 2
Filing Documents
- vrex-20241220.htm (8-K/A) — 25KB
- 0001681622-25-000003.txt ( ) — 145KB
- vrex-20241220.xsd (EX-101.SCH) — 2KB
- vrex-20241220_lab.xml (EX-101.LAB) — 21KB
- vrex-20241220_pre.xml (EX-101.PRE) — 12KB
- vrex-20241220_htm.xml (XML) — 3KB
02 Termination of a Material Definitive Agreement
Item 1.02 Termination of a Material Definitive Agreement As foreshadowed in our Original 8-K, on January 3, 2025, the Company received confirmation from Zions Bancorporation, N.A. DBA Zions Credit Corporation ("Zions") that the Equipment Credit Agreement dated as of April 26, 2024, by and among the Company, Varex Imaging West, LLC, certain guarantors party thereto and Zions (the "Equipment Credit Agreement"), providing for a secured equipment credit facility of up to $20.0 million, was closed, effective December 20, 2024. The Company terminated the Equipment Credit Agreement since it was no longer needed following the consummation of the offering of the additional senior secured notes on December 20, 2024. There were no amounts outstanding under the Equipment Credit Agreement and no early termination penalty.
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. VAREX IMAGING CORPORATION Dated: January 3, 2024 By: /s/ KIMBERLEY E. HONEYSETT Kimberley E. Honeysett Senior Vice President, Chief Legal Officer and Corporate Secretary