Rambus Inc. Files 8-K for Material Definitive Agreement
Ticker: RMBS · Form: 8-K · Filed: Mar 1, 2024 · CIK: 917273
Sentiment: neutral
Topics: material-agreement, financial-obligation, sec-filing
Related Tickers: RMBS
TL;DR
Rambus Inc. just signed a big deal, creating a new financial obligation. Details in the 8-K.
AI Summary
On February 29, 2024, Rambus Inc. entered into a material definitive agreement, creating a direct financial obligation. The company, headquartered in San Jose, California, filed this 8-K report with the SEC.
Why It Matters
This filing indicates a significant new contract or financial commitment for Rambus Inc., which could impact its future financial obligations and operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to performance, financial strain, or market reception.
Key Numbers
- 000-22339 — SEC File Number (Identifies Rambus Inc.'s filing history with the SEC.)
- 94-3112828 — IRS Employer Identification No. (Tax identification number for Rambus Inc.)
Key Players & Entities
- Rambus Inc. (company) — Registrant
- February 29, 2024 (date) — Date of earliest event reported
- San Jose, California (location) — Principal executive offices
- 4453 North First Street, Suite 100 (address) — Business and mail address
FAQ
What type of material definitive agreement did Rambus Inc. enter into?
The filing states that Rambus Inc. entered into a 'Material Definitive Agreement' and created 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 summary.
What is the significance of the 'Date of earliest event reported' being February 29, 2024?
This date signifies the earliest event that triggered the requirement for Rambus Inc. to file this Current Report on Form 8-K with the SEC.
Where are Rambus Inc.'s principal executive offices located?
Rambus Inc.'s principal executive offices are located at 4453 North First Street, Suite 100, San Jose, California 95134.
What is the SIC code for Rambus Inc.?
The Standard Industrial Classification (SIC) code for Rambus Inc. is 3674, which corresponds to 'SEMICONDUCTORS & RELATED DEVICES'.
What is the fiscal year end for Rambus Inc.?
Rambus Inc.'s fiscal year ends on December 31.
Filing Stats: 873 words · 3 min read · ~3 pages · Grade level 11.2 · Accepted 2024-03-01 08:55:31
Key Financial Figures
- $50 million — gregate purchase price of approximately $50 million (the "Shares"). The ASR Program is part
Filing Documents
- d765710d8k.htm (8-K) — 28KB
- d765710dex101.htm (EX-10.1) — 252KB
- d765710dex991.htm (EX-99.1) — 6KB
- g765710g0228074649304.jpg (GRAPHIC) — 3KB
- 0001193125-24-054639.txt ( ) — 464KB
- rmbs-20240229.xsd (EX-101.SCH) — 3KB
- rmbs-20240229_lab.xml (EX-101.LAB) — 18KB
- rmbs-20240229_pre.xml (EX-101.PRE) — 11KB
- d765710d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Form of ASR Agreement. 99.1 Press Release of Rambus Inc. Announcing its Entry into the ASR Agreement, issued on March 1, 2024. 104 Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)
SIGNATURES
SIGNATURES 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. Date: March 1, 2024 Rambus Inc. /s/ Desmond Lynch Desmond Lynch, Senior Vice President, Finance and Chief Financial Officer