Clarivate Plc Files 8-K for Material Definitive Agreement

Ticker: CLVT · Form: 8-K · Filed: 2024-03-04T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, filing

Related Tickers: CLVT

TL;DR

Clarivate signed a big deal, filing an 8-K. Details to come.

AI Summary

On March 4, 2024, Clarivate Plc entered into a Material Definitive Agreement. The filing also includes financial statements and exhibits related to this agreement. Specific details of the agreement, including dollar amounts and parties involved, are not fully disclosed in the provided text.

Why It Matters

This filing indicates a significant new contract or partnership for Clarivate Plc, which could impact its future revenue and operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which could carry significant financial implications, but the lack of specific details prevents a definitive risk assessment.

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement Clarivate Plc entered into?

The filing states that Clarivate Plc entered into a Material Definitive Agreement on March 4, 2024, but the specific terms and nature of the agreement are not detailed in the provided text.

What are the key financial implications of this agreement for Clarivate Plc?

The provided text does not disclose specific dollar amounts or financial terms related to the Material Definitive Agreement, so the financial implications cannot be determined from this excerpt.

Who are the other parties involved in this Material Definitive Agreement?

The filing mentions Clarivate Plc as the registrant, but the other parties to the Material Definitive Agreement are not specified in the provided text.

When was this Material Definitive Agreement officially entered into?

The Material Definitive Agreement was entered into on March 4, 2024, which is also the date of the earliest event reported.

What other information is included in this 8-K filing besides the agreement?

In addition to reporting the entry into a Material Definitive Agreement, the 8-K filing also includes financial statements and exhibits.

From the Filing

0001104659-24-030268.txt : 20240304 0001104659-24-030268.hdr.sgml : 20240304 20240304090028 ACCESSION NUMBER: 0001104659-24-030268 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240304 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240304 DATE AS OF CHANGE: 20240304 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CLARIVATE PLC CENTRAL INDEX KEY: 0001764046 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: Y9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38911 FILM NUMBER: 24713001 BUSINESS ADDRESS: STREET 1: 4TH FLOOR, ST. PAUL'S GATE STREET 2: 22-24 NEW STREET CITY: ST. HELIER STATE: Y9 ZIP: JE14TR BUSINESS PHONE: (207) 433-4000 MAIL ADDRESS: STREET 1: 70 ST. MARY AXE CITY: LONDON STATE: X0 ZIP: EC3A 8BE FORMER COMPANY: FORMER CONFORMED NAME: CLARIVATE Plc DATE OF NAME CHANGE: 20200507 FORMER COMPANY: FORMER CONFORMED NAME: Clarivate Analytics PLC DATE OF NAME CHANGE: 20190108 8-K 1 tm247811d1_8k.htm FORM 8-K false 0001764046 00-0000000 0001764046 2024-03-04 2024-03-04 0001764046 us-gaap:CommonStockMember 2024-03-04 2024-03-04 0001764046 us-gaap:SeriesAPreferredStockMember 2024-03-04 2024-03-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     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): March 4, 2024 ( March 4, 2024 )   CLARIVATE PLC   (Exact name of registrant as specified in its charter)   Jersey , Channel Islands (State or other jurisdiction of incorporation or organization)   001-38911 N/A (Commission File Number) (I.R.S Employer Identification No.)   70 St. Mary Axe London EC3A 8BE United Kingdom (Address of Principal Executive Offices)(Zip Code)   (Registrant’s Telephone Number, Including Area Code ( 44 ) 207-433-4000   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 Ordinary Shares CLVT New York Stock Exchange 5.25% Series A Mandatory Convertible Preferred Shares, no par value CLVT PR A 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 1.01.  Entry into a Material Definitive Agreement   In connection with Exor N.V.’s investment in the Company, the Company has entered into an Investment Agreement with Exor dated as of March 4, 2024.    Under the terms of the Investment Agreement, the Company h

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