Herbalife Ltd. Files 8-K with Corporate Updates

Ticker: HLF · Form: 8-K · Filed: 2024-03-20T00:00:00.000Z

Sentiment: neutral

Topics: corporate-governance, executive-changes, financial-reporting

Related Tickers: HLF

TL;DR

Herbalife 8-K: Board changes, exit costs, and financial updates filed.

AI Summary

Herbalife Ltd. filed an 8-K on March 20, 2024, reporting on events that occurred on March 17, 2024. The filing includes information regarding cost associated with exit or disposal activities, departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements of certain officers, Regulation FD disclosure, and financial statements and exhibits. Specific details on dollar amounts, names, and dates for these events are not provided in this excerpt.

Why It Matters

This filing signals significant corporate actions at Herbalife, potentially impacting its leadership, financial structure, or strategic direction.

Risk Assessment

Risk Level: medium — The filing indicates potential changes in leadership and financial activities, which could introduce uncertainty or signal strategic shifts.

Key Players & Entities

FAQ

What specific exit or disposal activities are being reported by Herbalife Ltd.?

The provided excerpt of the 8-K filing indicates that there are costs associated with exit or disposal activities, but it does not specify the nature or financial details of these activities.

Who are the directors or officers departing from Herbalife Ltd.?

The filing mentions the departure of directors or certain officers, but the names of these individuals are not included in the provided text.

Are there any new appointments or elections of officers and directors at Herbalife Ltd.?

Yes, the filing indicates the election of directors and the appointment of certain officers, but specific names and roles are not detailed in this excerpt.

What compensatory arrangements for certain officers are being disclosed?

The 8-K filing notes that there are compensatory arrangements of certain officers being disclosed, but the specifics of these arrangements are not provided in the excerpt.

Does the filing include any Regulation FD disclosures?

Yes, the filing explicitly lists 'Regulation FD Disclosure' as an item being reported, indicating that material non-public information may have been disclosed.

From the Filing

0001193125-24-072046.txt : 20240320 0001193125-24-072046.hdr.sgml : 20240320 20240320071031 ACCESSION NUMBER: 0001193125-24-072046 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240317 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240320 DATE AS OF CHANGE: 20240320 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HERBALIFE LTD. CENTRAL INDEX KEY: 0001180262 STANDARD INDUSTRIAL CLASSIFICATION: WHOLESALE-DRUGS PROPRIETARIES & DRUGGISTS' SUNDRIES [5122] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32381 FILM NUMBER: 24766268 BUSINESS ADDRESS: STREET 1: P.O. BOX 309GT STREET 2: UGLAND HOUSE, SOUTH CHURCH STREET CITY: GEORGE TOWN STATE: E9 ZIP: 00000 BUSINESS PHONE: 310 410 9600 MAIL ADDRESS: STREET 1: P.O. BOX 309GT STREET 2: UGLAND HOUSE, SOUTH CHURCH STREET CITY: GEORGE TOWN STATE: E9 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: HERBALIFE NUTRITION LTD. DATE OF NAME CHANGE: 20180424 FORMER COMPANY: FORMER CONFORMED NAME: HERBALIFE LTD. DATE OF NAME CHANGE: 20041214 FORMER COMPANY: FORMER CONFORMED NAME: WH HOLDINGS CAYMAN ISLANDS LTD DATE OF NAME CHANGE: 20020814 8-K 1 d809540d8k.htm 8-K 8-K false 0001180262 0001180262 2024-03-17 2024-03-17     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 17, 2024     Herbalife Ltd. (Exact Name of Registrant as Specified in Charter)       Cayman Islands   1-32381   98-0377871 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   P.O. Box 309 , Ugland House , Grand Cayman Cayman Islands   KY1-1104 (Address of Principal Executive Offices)   (Zip Code) Registrant’s telephone number, including area code: c/o (213) 745-0500 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 Common Shares, par value $0.0005 per share   HLF   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 2.05 Costs Associated with Exit or Disposal Activities. On March 17, 20

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