DMC Global Inc. Files 8-K for Material Definitive Agreement
Ticker: BOOM · Form: 8-K · Filed: May 13, 2024 · CIK: 34067
Sentiment: neutral
Topics: material-definitive-agreement, corporate-event
TL;DR
DMC Global Inc. just signed a big deal, filing an 8-K on May 7th.
AI Summary
On May 7, 2024, DMC Global Inc. entered into a material definitive agreement, the details of which are not fully disclosed in this initial filing. The company, incorporated in Delaware with its principal executive offices in Broomfield, Colorado, is reporting this event as a current report under the Securities Exchange Act of 1934.
Why It Matters
This filing indicates a significant event for DMC Global Inc., potentially impacting its business operations, financial standing, or strategic direction.
Risk Assessment
Risk Level: medium — Material definitive agreements can introduce new risks or alter existing ones for a company, depending on the nature of the agreement.
Key Players & Entities
- DMC Global Inc. (company) — Registrant
- May 7, 2024 (date) — Date of Earliest Event Reported
- Delaware (jurisdiction) — State of Incorporation
- Broomfield, Colorado (location) — Principal Executive Offices
- 001-14775 (identifier) — Commission File Number
- 84-0608431 (identifier) — I.R.S. Employer Identification No.
FAQ
What is the nature of the material definitive agreement entered into by DMC Global Inc. on May 7, 2024?
The specific details of the material definitive agreement are not disclosed in this initial 8-K filing, which only reports the entry into such an agreement.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on May 7, 2024.
In which state is DMC Global Inc. incorporated?
DMC Global Inc. is incorporated in Delaware.
What is the address of DMC Global Inc.'s principal executive offices?
The principal executive offices of DMC Global Inc. are located at 11800 Ridge Parkway, Suite 300, Broomfield, Colorado 80021.
What is DMC Global Inc.'s Commission File Number?
DMC Global Inc.'s Commission File Number is 001-14775.
Filing Stats: 534 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-05-13 16:06:39
Key Financial Figures
- $0.05 — ange on which registered Common Stock, $0.05 Par Value BOOM The Nasdaq Global Select
Filing Documents
- boom-20240507.htm (8-K) — 32KB
- exhibit101-dunbarsublease.htm (EX-10.1) — 142KB
- 0000034067-24-000079.txt ( ) — 331KB
- boom-20240507.xsd (EX-101.SCH) — 2KB
- boom-20240507_lab.xml (EX-101.LAB) — 22KB
- boom-20240507_pre.xml (EX-101.PRE) — 13KB
- boom-20240507_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On May 7, 2024, DMC Global Inc. (the "Company") entered into a sublease (the "Sublease") with Pureon Inc., formerly known as Mypodiamond, Inc., for the Company's primary domestic clad metal shooting site, located in Dunbar, Pennsylvania. The Sublease replaces the current sublease agreement, which was to expire in 2029, for the site. The terms of the Sublease allow the Company to renew the agreement through May 6, 2054. The foregoing description of the Sublease is qualified in its entirety by the text of the Sublease, which is filed as Exhibit 10.1 hereto.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Number Description 10.1 Sublease for Dunbar, Pennsylvania clad metal shooting site dated May 7, 2024 by and between Pureon Inc. and the Company.* 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). * Certain schedules or similar attachments to this exhibit have been omitted in accordance with Item 601(a)(5) of Regulation S-K. The registrant hereby agrees to furnish supplementally to the Securities and Exchange Commission upon request a copy of any omitted schedule or attachment to this exhibit.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DMC Global Inc. Dated: May 13, 2024 By: /s/ Michelle Shepston Michelle Shepston Executive Vice President, Chief Legal Officer and Secretary