Chart Industries Enters Material Agreement, Incurs Financial Obligation

Ticker: GTLS · Form: 8-K · Filed: 2024-04-08T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

Chart Industries just signed a big deal and took on debt. Details TBD.

AI Summary

On April 8, 2024, Chart Industries, Inc. entered into a material definitive agreement and created a direct financial obligation. The filing does not specify the nature of the agreement or the financial obligation, nor does it mention any specific dollar amounts or other parties involved.

Why It Matters

This filing indicates a significant new financial commitment or agreement for Chart Industries, which could impact its future financial performance and strategic direction.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the material agreement and financial obligation introduces uncertainty about the potential impact on Chart Industries.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Chart Industries?

The filing states that Chart Industries entered into a material definitive agreement, but does not provide specific details about its nature.

What is the direct financial obligation incurred by Chart Industries?

The filing indicates the creation of a direct financial obligation, but does not specify the amount or terms of this obligation.

Are there any other parties involved in this material definitive agreement?

The filing does not name any other parties involved in the agreement.

When was the earliest event reported in this filing?

The earliest event reported in this filing occurred on April 8, 2024.

What are the main items reported in this 8-K filing?

The main items reported are the entry into a material definitive agreement and the creation of a direct financial obligation.

From the Filing

0001193125-24-089700.txt : 20240408 0001193125-24-089700.hdr.sgml : 20240408 20240408165639 ACCESSION NUMBER: 0001193125-24-089700 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240408 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240408 DATE AS OF CHANGE: 20240408 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHART INDUSTRIES INC CENTRAL INDEX KEY: 0000892553 STANDARD INDUSTRIAL CLASSIFICATION: FABRICATED PLATE WORK (BOILER SHOPS) [3443] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 341712937 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-11442 FILM NUMBER: 24830231 BUSINESS ADDRESS: STREET 1: 2200 AIRPORT INDUSTRIAL DRIVE STREET 2: SUITE # 100 CITY: BALL GROUND STATE: GA ZIP: 30107 BUSINESS PHONE: 770-721-8800 MAIL ADDRESS: STREET 1: 2200 AIRPORT INDUSTRIAL DRIVE STREET 2: SUITE # 100 CITY: BALL GROUND STATE: GA ZIP: 30107 8-K 1 d34343d8k.htm 8-K 8-K CHART INDUSTRIES INC false 0000892553 0000892553 2024-04-08 2024-04-08 0000892553 us-gaap:CommonStockMember 2024-04-08 2024-04-08 0000892553 us-gaap:SeriesBPreferredStockMember 2024-04-08 2024-04-08     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): April 8, 2024     CHART INDUSTRIES, INC. (Exact name of registrant as specified in its charter)       Delaware   001-11442   34-1712937 (State of other jurisdiction of incorporation or organization)   (Commission File Number)   (I.R.S. Employer Identification No.)   2200 Airport Industrial Drive , Suite 100 Ball Ground , Georgia   30107 (Address of principal executive offices)   (ZIP Code) Registrant’s telephone number, including area code: (770) 721-8800 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 (see General Instruction A.2. below):     ☐ 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 stock, par value $0.01   GTLS   New York Stock Exchange Depositary Shares, each Representing a 1/20th Interest in a Share of 6.75% Series B Mandatory Convertible Preferred Stock   GTLS PRB   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 Agreeme

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