Vertiv Holdings Co. Files 8-K for Material Definitive Agreement
Ticker: VRT · Form: 8-K · Filed: Dec 13, 2024 · CIK: 1674101
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation, 8-k
TL;DR
Vertiv just signed a big deal, check the 8-K for details.
AI Summary
On December 13, 2024, Vertiv Holdings Co. entered into a material definitive agreement related to financial obligations. The company, incorporated in Delaware, has its principal executive offices in Westerville, Ohio. This filing is a current report under the Securities Exchange Act of 1934.
Why It Matters
This filing indicates Vertiv Holdings Co. has entered into a significant new agreement that could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or strategic shifts that carry inherent risks.
Key Numbers
- 001-38518 — Commission File Number (Identifies the company's filing history with the SEC.)
- 81-2376902 — I.R.S. Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Vertiv Holdings Co. (company) — Registrant
- December 13, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- Westerville, Ohio (location) — Principal executive offices
- GS Acquisition Holdings Corp (company) — Former company name
FAQ
What specific type of material definitive agreement did Vertiv Holdings Co. enter into?
The filing indicates an 'Entry into a Material Definitive Agreement' and 'Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,' but the specific details of the agreement are not provided in this excerpt.
What is the significance of the 'Creation of a Direct Financial Obligation' item?
This item suggests that Vertiv Holdings Co. has undertaken a new financial commitment or responsibility, which could involve debt, leases, or other financial arrangements.
When was Vertiv Holdings Co. previously known as GS Acquisition Holdings Corp?
The date of the name change from GS Acquisition Holdings Corp to Vertiv Holdings Co. was May 10, 2016.
What is the SIC code for Vertiv Holdings Co.?
The Standard Industrial Classification (SIC) code for Vertiv Holdings Co. is 3679, which corresponds to 'ELECTRONIC COMPONENTS, NEC'.
What is the purpose of filing a Form 8-K?
A Form 8-K is a report of unscheduled material events or corporate changes that are important to shareholders and the public, such as entering into a material definitive agreement.
Filing Stats: 904 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2024-12-13 17:00:29
Key Financial Figures
- $0.0001 — which registered Class A common stock, $0.0001 par value per share VRT New York St
Filing Documents
- d863923d8k.htm (8-K) — 27KB
- d863923dex101.htm (EX-10.1) — 1073KB
- d863923dex991.htm (EX-99.1) — 6KB
- 0001193125-24-278680.txt ( ) — 1473KB
- vrt-20241213.xsd (EX-101.SCH) — 3KB
- vrt-20241213_lab.xml (EX-101.LAB) — 17KB
- vrt-20241213_pre.xml (EX-101.PRE) — 11KB
- d863923d8k_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. 5 to Term Loan Credit Agreement, dated as of December 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 December 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: December 13, 2024 VERTIV HOLDINGS CO By: /s/ David Fallon Name: David Fallon Title: Chief Financial Officer 4