Snap Inc. Files Routine 8-K on Feb 12, 2024, No New Material Info

TL;DR

**Snap's 8-K is a routine administrative filing, nothing new for traders.**

AI Summary

Snap Inc. filed an 8-K on February 12, 2024, under Item 8.01, "Other Events." This filing primarily serves to update administrative details, confirming its status as a Delaware corporation with its principal executive offices at 3000 31st Street, Santa Monica, California. For investors, this filing is largely procedural and does not contain new financial or operational information that would directly impact the stock price, but it confirms the company's compliance with SEC reporting requirements.

Why It Matters

This filing is a standard administrative update, indicating Snap Inc. is maintaining its regulatory compliance. It does not contain any new information that would typically move the stock price.

Risk Assessment

Risk Level: low — This 8-K filing is purely administrative and does not disclose any new risks or material events.

Analyst Insight

A smart investor would note this as a routine compliance filing and understand it contains no new material information requiring immediate action or re-evaluation of Snap Inc. stock.

Key Players & Entities

• Snap Inc. (company) — the registrant filing the 8-K
• February 12, 2024 (date) — date of earliest event reported and filing date
• Delaware (company) — state of incorporation for Snap Inc.
• 3000 31st Street, Santa Monica, California, 90405 (company) — principal executive offices of Snap Inc.
• 001-38017 (company) — Commission File Number for Snap Inc.
• 45-5452795 (company) — IRS Employer Identification No. for Snap Inc.
• New York Stock Exchange (company) — exchange where Snap Inc.'s Class A Common Stock is registered
• SNAP (company) — trading symbol for Snap Inc.'s Class A Common Stock

FAQ

From the Filing

0001193125-24-030898.txt : 20240212 0001193125-24-030898.hdr.sgml : 20240212 20240212060703 ACCESSION NUMBER: 0001193125-24-030898 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240212 ITEM INFORMATION: Other Events FILED AS OF DATE: 20240212 DATE AS OF CHANGE: 20240212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snap Inc CENTRAL INDEX KEY: 0001564408 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 455452795 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38017 FILM NUMBER: 24617245 BUSINESS ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: (310) 399-3339 MAIL ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: Snapchat Inc DATE OF NAME CHANGE: 20121211 8-K 1 d756183d8k.htm 8-K 8-K Snap Inc false 0001564408 0001564408 2024-02-12 2024-02-12     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 12, 2024     SNAP INC. (Exact name of Registrant as Specified in Its Charter)       Delaware   001-38017   45-5452795 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   3000 31st Street   Santa Monica , California   90405 (Address of Principal Executive Offices)   (Zip Code) Registrant’s Telephone Number, Including Area Code: (310) 399-3339 Not Applicable (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, par value $0.00001 per share   SNAP   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. ☐       Item 8.01. Other Events. On February 12, 2024, we entered into various privately negotiated repurchase transactions (collectively, the “Repurchases”) with certain holders of our outstanding 0.25% Convertible Senior Notes due 2025 (the “2025 Notes”) and 0.75% Convertible Senior Notes due 2026 (the “2026 Notes”), pursuant to which we agreed to repurchase (i) approximately $100.0 million aggregate principal amount of the 2025 Notes for an aggregate cash repurchase price of approximately $97.8 million, which includes accrued and unpaid interest on such 2025 Notes, and (ii) approximately