Garrett Motion Inc. Files 8-K

Ticker: GTX · Form: 8-K · Filed: 2024-05-07T00:00:00.000Z

Sentiment: neutral

Topics: sec-filing, 8-k

TL;DR

Garrett Motion filed an 8-K on May 7th, reporting events from May 6th. Details are sparse in this excerpt.

AI Summary

Garrett Motion Inc. filed an 8-K on May 7, 2024, reporting on events that occurred on May 6, 2024. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits," with no specific financial figures or material events detailed in the provided text.

Why It Matters

This filing indicates that Garrett Motion Inc. is providing updates to the SEC, which could contain important information for investors regarding the company's operations or financial status.

Risk Assessment

Risk Level: low — The provided text is a standard SEC filing header and does not contain specific operational, financial, or strategic information that would indicate a high risk.

Key Players & Entities

Garrett Motion Inc. (company) — Registrant
0001735707-24-000031 (document_id) — Accession Number
May 6, 2024 (date) — Date of earliest event reported
May 7, 2024 (date) — Date of Report
Delaware (jurisdiction) — State of incorporation
Rolle, Switzerland (location) — Principal executive offices

FAQ

What specific "Other Events" are being reported by Garrett Motion Inc. in this 8-K filing?

The provided excerpt of the 8-K filing does not detail the specific "Other Events" being reported; it only lists the item category.

What is the significance of the filing date and the date of the earliest event reported?

The filing date is May 7, 2024, and the earliest event reported is May 6, 2024, indicating the company is reporting on recent developments.

Where are Garrett Motion Inc.'s principal executive offices located?

Garrett Motion Inc.'s principal executive offices are located at La Pièce 16, Rolle, Switzerland.

Under which section of the Securities Exchange Act of 1934 is this 8-K report filed?

This 8-K report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the SIC code for Garrett Motion Inc.?

The Standard Industrial Classification (SIC) code for Garrett Motion Inc. is 3714, which corresponds to MOTOR VEHICLE PARTS & ACCESSORIES.

From the Filing

0001735707-24-000031.txt : 20240507 0001735707-24-000031.hdr.sgml : 20240507 20240507163702 ACCESSION NUMBER: 0001735707-24-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240506 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240507 DATE AS OF CHANGE: 20240507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Garrett Motion Inc. CENTRAL INDEX KEY: 0001735707 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 824873189 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38636 FILM NUMBER: 24922639 BUSINESS ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 BUSINESS PHONE: 41-21-695-3000 MAIL ADDRESS: STREET 1: LA PIECE 16 CITY: ROLLE STATE: V8 ZIP: 1180 FORMER COMPANY: FORMER CONFORMED NAME: Garrett Transportation Systems Inc. DATE OF NAME CHANGE: 20180327 8-K 1 gtx-20240506.htm 8-K gtx-20240506 FALSE 0001735707 0001735707 2024-05-07 2024-05-07     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): May 6, 2024   GARRETT MOTION INC. (Exact name of Registrant as specified in its Charter)   Delaware   1-38636   82-4873189 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification Number) La Pièce 16 , Rolle , Switzerland   1180 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: + 41 21 695 30 00 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 Stock, $0.001 par value per share GTX The Nasdaq Stock Market LLC Indicate by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 May 6, 2024 and May 7, 2024, Garrett Motion Inc. (the “Company”) announced the commencement and subsequent upsizing and pricing, respectively, by Garrett Motion Holdings Inc. and Garrett LX I S.à r.l., its wholly owned subsidiaries, of a private offering (the “Offering”) of $800 million aggregate principal amount of 7.750% senior notes due 2032 (the “notes”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”). The notes will be sold to investors at 100.00% plus accrued interest, if any, from May 21, 2024. The closing of the Offering of the notes is expected to occur on or about May 21, 2024, subject to customary closing conditio