Melco Resorts & Entertainment Files 6-K for May 2024
Ticker: MLCO · Form: 6-K · Filed: 2024-05-09T00:00:00.000Z
Sentiment: neutral
Topics: reporting, share-incentive-plan, foreign-issuer
Related Tickers: MLCO
TL;DR
Melco Resorts (MLCO) filed a 6-K for May, noting their 2021 Share Incentive Plan.
AI Summary
Melco Resorts & Entertainment Limited filed a Form 6-K on May 9, 2024, to report information for the month of May 2024. The filing includes an explanatory note regarding the company's 2021 Share Incentive Plan. Melco Resorts & Entertainment Limited is incorporated in the Cayman Islands and its principal executive offices are located in Hong Kong.
Why It Matters
This filing provides an update on the company's share incentive plan, which could impact future equity dilution and executive compensation.
Risk Assessment
Risk Level: low — This filing is a routine report and does not contain significant financial or operational news that would immediately impact the company's risk profile.
Key Players & Entities
- Melco Resorts & Entertainment Limited (company) — Filer of the 6-K report
- 2021 Share Incentive Plan (plan) — Subject of the explanatory note in the filing
- May 2024 (date) — Reporting period for the 6-K
- 001-33178 (filing_id) — SEC file number for Melco Resorts & Entertainment Limited
FAQ
What is the purpose of this Form 6-K filing?
The Form 6-K is a report of a foreign issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934, filed for the month of May 2024 by Melco Resorts & Entertainment Limited.
What specific plan is mentioned in the explanatory note?
The explanatory note refers to the '2021 Share Incentive Plan' of Melco Resorts & Entertainment Limited.
Where are the principal executive offices of Melco Resorts & Entertainment Limited located?
The principal executive offices are located at 38th Floor, The Centrium, 60 Wyndham Street, Central, Hong Kong.
Does Melco Resorts & Entertainment Limited file annual reports under Form 20-F or 40-F?
Yes, the registrant indicates it files annual reports under Form 20-F.
What was the former name of Melco Resorts & Entertainment Limited?
The company was formerly known as Melco Crown Entertainment LTD, with a name change date of July 23, 2008, and prior to that, Melco PBL Entertainment (Macau) LTD, with a name change date of November 20, 2006.
From the Filing
0001193125-24-134713.txt : 20240509 0001193125-24-134713.hdr.sgml : 20240509 20240509060456 ACCESSION NUMBER: 0001193125-24-134713 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20240509 FILED AS OF DATE: 20240509 DATE AS OF CHANGE: 20240509 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Melco Resorts & Entertainment LTD CENTRAL INDEX KEY: 0001381640 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33178 FILM NUMBER: 24928342 BUSINESS ADDRESS: STREET 1: 38TH FLOOR, THE CENTRIUM. STREET 2: 60 WYNDHAM STREET, CENTRAL CITY: HONG KONG. STATE: K3 ZIP: 00000 BUSINESS PHONE: (852) 2598 3600 MAIL ADDRESS: STREET 1: 38TH FLOOR, THE CENTRIUM. STREET 2: 60 WYNDHAM STREET, CENTRAL CITY: HONG KONG. STATE: K3 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: Melco Crown Entertainment LTD DATE OF NAME CHANGE: 20080723 FORMER COMPANY: FORMER CONFORMED NAME: Melco PBL Entertainment (Macau) LTD DATE OF NAME CHANGE: 20061120 6-K 1 d835248d6k.htm FORM 6-K Form 6-K Table of Contents SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN ISSUER PURSUANT TO RULE 13a–16 OR 15d–16 OF THE SECURITIES EXCHANGE ACT OF 1934 For the month of May 2024 Commission File Number: 001-33178 MELCO RESORTS & ENTERTAINMENT LIMITED 71 Robinson Road #04-03 Singapore (068895) and 38 th Floor, The Centrium 60 Wyndham Street Central Hong Kong (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover Form 20–F or Form 40–F. Form 20-F ☒ Form 40-F ☐ Table of Contents MELCO RESORTS & ENTERTAINMENT LIMITED Form 6–K TABLE OF CONTENTS Signature 4 Exhibit 99.1 2 Table of Contents EXPLANATORY NOTE The 2021 Share Incentive Plan of Melco Resorts & Entertainment Limited (the “Company”) became effective on December 6, 2021 (the “2021 Share Incentive Plan”). On January 1, 2023, certain amendments to Chapter 17 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules” and such exchange, the “HKEX”) governing share schemes adopted by companies listed on the HKEX and principal subsidiaries (as such term is defined under rule 17.14 of the Listing Rules) of such companies (“Principal Subsidiaries”) became effective (the “Amended Chapter 17 Rules”), requiring the share schemes of HKEX-listed companies and their Principal Subsidiaries to be compliant with the Amended Chapter 17 Rules by no later than the conclusion of the 2024 annual general meeting of the HKEX-listed company. As the Company is a Principal Subsidiary of Melco International Development Limited (“Melco International”), a company listed on the HKEX, the board of directors of the Company approved certain amendments to the 2021 Share Incentive Plan (such amended plan, the “Amended 2021 Share Incentive Plan”) such that the Amended 2021 Share Incentive Plan would be compliant with the Amended Chapter 17 Rules by no later than the conclusion of Melco International’s 2024 annual general meeting, currently scheduled to be held on June 13, 2024 (“Melco International’s 2024 AGM”). The implementation of the Amended 2021 Share Incentive Plan is subject to the approval of the shareholders of Melco International by an ordinary resolution in accordance with the Listing Rules. Accordingly, the Amended 2021 Share Incentive Plan will be submitted for approval at Melco International’s 2024 AGM. Melco International’s board of directors proposes to recommend to its shareholders at Melco International’s 2024 AGM to approve the adoption of the Amended 2021 Share Incentive Plan by the Company. If Melco Interna