Solo Brands Amends 8-K on Officer/Director Changes, Compensation

Ticker: SBDS · Form: 8-K/A · Filed: 2024-01-12T00:00:00.000Z

Sentiment: neutral

Topics: amendment, executive-changes, compensation, corporate-governance

TL;DR

**Solo Brands just updated an old filing about executive changes and pay, so keep an eye on leadership.**

AI Summary

Solo Brands, Inc. filed an 8-K/A on January 12, 2024, amending a previous report from October 19, 2023. This amendment specifically relates to Item 5.02, which covers changes in directors or officers and their compensation. While the filing itself doesn't detail the specific changes, it signals that there were updates to the company's leadership or executive compensation arrangements around October 19, 2023. This matters to investors because changes in leadership or executive pay can impact a company's strategic direction, operational efficiency, and financial performance, potentially affecting stock value.

Why It Matters

Changes in executive leadership or compensation can signal shifts in company strategy or financial health, directly influencing investor confidence and stock performance.

Risk Assessment

Risk Level: low — This 8-K/A is an amendment to a previous filing and does not introduce new, immediate risks but rather clarifies past events.

Analyst Insight

Investors should review the original 8-K from October 19, 2023, and any subsequent filings to understand the specific changes in leadership or compensation that this 8-K/A is amending, as these details could impact future company performance.

Key Players & Entities

FAQ

What is the purpose of this 8-K/A filing by Solo Brands, Inc.?

This 8-K/A filing by Solo Brands, Inc. is an amendment to a previous Current Report on Form 8-K, specifically concerning Item 5.02, which covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.

When was the earliest event reported in the original 8-K that this amendment refers to?

The earliest event reported in the original 8-K, to which this 8-K/A refers, occurred on October 19, 2023.

What specific item of the Form 8-K is being amended by this filing?

This filing amends Item 5.02 of the Form 8-K, which pertains to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers'.

What is Solo Brands, Inc.'s business address and phone number as listed in the filing?

Solo Brands, Inc.'s business address is 1001 Mustang Dr., Grapevine, TX 76051, and their telephone number is (817) 900-2664.

On which stock exchange is Solo Brands, Inc.'s Class A Common Stock registered?

Solo Brands, Inc.'s Class A Common Stock, with a $0.001 par value per share, is registered on the New York Stock Exchange under the trading symbol DTC.

From the Filing

0001193125-24-007533.txt : 20240112 0001193125-24-007533.hdr.sgml : 20240112 20240112161756 ACCESSION NUMBER: 0001193125-24-007533 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 12 CONFORMED PERIOD OF REPORT: 20231019 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20240112 DATE AS OF CHANGE: 20240112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Solo Brands, Inc. CENTRAL INDEX KEY: 0001870600 STANDARD INDUSTRIAL CLASSIFICATION: [3949] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 871360865 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 001-40979 FILM NUMBER: 24532253 BUSINESS ADDRESS: STREET 1: 1001 MUSTANG DR CITY: GRAPEVINE STATE: TX ZIP: 76051 BUSINESS PHONE: (817) 900-2664 MAIL ADDRESS: STREET 1: 1001 MUSTANG DR CITY: GRAPEVINE STATE: TX ZIP: 76051 8-K/A 1 d699160d8ka.htm 8-K/A 8-K/A true 0001870600 0001870600 2023-10-19 2023-10-19     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K/A     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 19, 2023     Solo Brands, Inc. (Exact name of Registrant as Specified in Its Charter)       Delaware   001-40979   87-1360865 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1001 Mustang Dr.     Grapevine , TX     76051 (Address of Principal Executive Offices)     (Zip Code) Registrant’s Telephone Number, Including Area Code: (817) - 900-2664 N/A (Former Name or Former Address, if Changed Since Last Report)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Class A Common Stock, $0.001 par value per share   DTC   New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐       Explanatory Note This Amendment No. 1 to Current Report on Form 8-K (the “Amendment”) is being filed to amend the Current Report on Form 8-K of Solo Brands, Inc. (the “Company”) filed on October 25, 2023 (the “Original 8-K”). The Amendment updates certain information that was not previously determined at the time of the Original 8-K. The content of the Original Form 8-K has otherwise not changed. Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. Interim Chief Financial Officer

View on Read The Filing