Vertiv Holdings Co. Enters Material Definitive Agreement
Ticker: VRT · Form: 8-K · Filed: Jun 13, 2024 · CIK: 1674101
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Vertiv just signed a big deal, likely involving debt or a new financial obligation.
AI Summary
On June 13, 2024, Vertiv Holdings Co. entered into a Material Definitive Agreement related to a direct financial obligation. The company, formerly known as GS Acquisition Holdings Corp., is incorporated in Delaware and headquartered in Westerville, Ohio.
Why It Matters
This filing indicates a significant financial commitment or agreement for Vertiv Holdings Co., which could impact its financial obligations and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements, especially those involving financial obligations, can introduce financial risks and operational changes that warrant close monitoring.
Key Numbers
- 001-38518 — Commission File Number (Identifies the company's SEC filings)
- 81-2376902 — I.R.S. Employer Identification No. (Company's tax identification number)
Key Players & Entities
- Vertiv Holdings Co (company) — Registrant
- GS Acquisition Holdings Corp (company) — Former company name
- June 13, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Westerville, Ohio (location) — Principal executive offices
FAQ
What specific type of Material Definitive Agreement did Vertiv Holdings Co. enter into?
The filing indicates the entry into a Material Definitive Agreement and the creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement, but the specific details of the agreement are not provided in this summary.
What is the nature of the financial obligation created?
The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement,' but the exact nature and amount are not detailed in the provided text.
When was the earliest event reported in this 8-K filing?
The earliest event reported is dated June 13, 2024.
What was Vertiv Holdings Co. formerly known as?
Vertiv Holdings Co. was formerly known as GS Acquisition Holdings Corp.
Where are Vertiv Holdings Co.'s principal executive offices located?
Vertiv Holdings Co.'s principal executive offices are located at 505 N. Cleveland Ave., Westerville, Ohio 43082.
Filing Stats: 967 words · 4 min read · ~3 pages · Grade level 10.9 · Accepted 2024-06-13 09:30:04
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share VRT New York St
Filing Documents
- d937211d8k.htm (8-K) — 27KB
- d937211dex101.htm (EX-10.1) — 1118KB
- d937211dex991.htm (EX-99.1) — 6KB
- g937211dsp00155.jpg (GRAPHIC) — 3KB
- 0001193125-24-160352.txt ( ) — 1527KB
- vrt-20240613.xsd (EX-101.SCH) — 3KB
- vrt-20240613_lab.xml (EX-101.LAB) — 17KB
- vrt-20240613_pre.xml (EX-101.PRE) — 11KB
- d937211d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits The following exhibits are being filed with this Current Report on Form 8-K: 10.1 Amendment No. 4 to Term Loan Credit Agreement, dated as of June 13, 2024, by and among Vertiv Group Corporation, as borrower, Vertiv Intermediate Holding II Corporation and certain other affiliates of Vertiv Group Corporation, as guarantors, the lenders party thereto and Citibank, N.A., as administrative agent. 99.1 Press Release, dated June 13, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 3 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 hereunto duly authorized. Dated: June 13, 2024 VERTIV HOLDINGS CO By: /s/ David Fallon Name: David Fallon Title: Chief Financial Officer 4