Hilton Grand Vacations Files 8-K, Confirms NYSE Listing for HGV Stock

Ticker: HGV · Form: 8-K · Filed: Jan 4, 2024 · CIK: 1674168

Complexity: simple

Sentiment: neutral

Topics: regulatory-filing, corporate-governance

TL;DR

**HGV filed an 8-K confirming its NYSE listing, business as usual.**

AI Summary

Hilton Grand Vacations Inc. filed an 8-K on January 4, 2024, to report a current event. This filing indicates that the company's Common Stock, with a $0.01 par value per share, is registered on the New York Stock Exchange under the trading symbol HGV. This matters to investors because it confirms the company's compliance with SEC regulations and its continued listing on a major exchange, providing transparency and liquidity for shareholders.

Why It Matters

This filing confirms Hilton Grand Vacations Inc.'s adherence to regulatory requirements and its active trading status on the NYSE, which is crucial for investor confidence and market accessibility.

Risk Assessment

Risk Level: low — This 8-K filing is a routine disclosure and does not indicate any new or elevated risks for the company.

Analyst Insight

This filing is a standard regulatory update, providing no new material information that would warrant immediate action. Investors should continue to monitor future filings for substantive changes.

Key Numbers

Key Players & Entities

Forward-Looking Statements

FAQ

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant as specified in its charter is Hilton Grand Vacations Inc.

On what date was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on January 4, 2024.

What is the trading symbol for Hilton Grand Vacations Inc.'s Common Stock?

The trading symbol for Hilton Grand Vacations Inc.'s Common Stock is HGV.

On which exchange is Hilton Grand Vacations Inc.'s Common Stock registered?

Hilton Grand Vacations Inc.'s Common Stock is registered on the New York Stock Exchange.

What is the par value per share for the Common Stock of Hilton Grand Vacations Inc.?

The par value per share for the Common Stock of Hilton Grand Vacations Inc. is $0.01.

Filing Stats: 1,002 words · 4 min read · ~3 pages · Grade level 14.6 · Accepted 2024-01-04 11:54:03

Key Financial Figures

Filing Documents

01

Item 7.01 Regulation FD Disclosure. On January 4, 2024, Hilton Grand Vacations Inc. (the "Company") will use a lender presentation (the "Lender Presentation") in connection with meetings with prospective lenders to discuss a proposed term loan financing in connection with the Company's previously announced proposed acquisition (the "Merger") of Bluegreen Vacations Holding Corporation ("Bluegreen"), pursuant to the Agreement and Plan of Merger, dated November 5, 2023, by and among the Company, Heat Merger Sub, Inc., an indirect wholly-owned subsidiary of the Company, and Bluegreen (the "Merger Agreement"). A copy of the relevant portion of the Lender Presentation is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. The information furnished under this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description Exhibit 99.1 Lender Presentation, dated January 4, 2024. Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

Forward Looking Statements

Forward Looking Statements This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. Forward-looking statements convey management's expectations as to the Company's future, and are based on management's beliefs, expectations, assumptions and such plans, estimates, projections and other information available to management at the time the Company makes such statements. Forward-looking statements include all statements that are not historical facts, and may be identified by terminology such as the words "outlook," "believe," "expect," "potential," "goal," "continues," "may," "will," "should," "could," "would," "seeks," "approximately," "projects," "predicts," "intends," "plans," "estimates," "anticipates," "future," "guidance," "target," or the negative version of these words or other comparable words, although not all forward-looking statements may contain such words. The forward-looking statements contained in this communication include statements related to the Company's revenues, earnings, taxes, cash flow and related financial and operating measures, and expectations with respect to future operating, financial and business performance and other anticipated future events and expectations that are not historical facts, including related to the proposed transaction between the Company and Bluegreen. The Company cautions you that its forward-looking statements involve known and unknown risks, uncertainties and other factors, including those that are beyond the Company's control, which may cause the actual results, performance or achievements to be materially different from the future results. Any one or more of these risks or uncertainties, including those related to the proposed transaction between the Company and Bluegreen, could adversely impact the Company's operations, revenue, operating profits and margins, key business operational metrics, financial condition or credit

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