Applied Materials Completes Asset Acquisition/Disposition
Ticker: AMAT · Form: 8-K · Filed: 2024-05-16T00:00:00.000Z
Sentiment: neutral
Topics: acquisition, disposition, corporate-action
Related Tickers: AMAT
TL;DR
AMAT closed a deal, filing shows asset acquisition/disposition.
AI Summary
On May 16, 2024, Applied Materials, Inc. (AMAT) filed an 8-K report indicating the completion of an acquisition or disposition of assets. The filing also includes financial statements and exhibits related to this event. Specific details regarding the nature of the acquisition or disposition, including parties involved and financial figures, are not fully elaborated in the provided text but are referenced as part of the filing.
Why It Matters
This filing signals a significant corporate action for Applied Materials, potentially impacting its business structure, market position, and financial performance.
Risk Assessment
Risk Level: medium — The filing indicates a completed acquisition or disposition of assets, which can introduce integration challenges, financial risks, or strategic shifts.
Key Numbers
- 000-06920 — SEC File Number (Identifier for Applied Materials' SEC filings)
- 94-1655526 — IRS Employer Identification No. (Tax identification for Applied Materials)
Key Players & Entities
- Applied Materials, Inc. (company) — Registrant
- 0000006951-24-000017 (filing_id) — Accession Number
- May 16, 2024 (date) — Report Date
- 3050 Bowers Avenue (address) — Business Address
- Santa Clara, CA (location) — Business Location
FAQ
What specific assets were acquired or disposed of by Applied Materials?
The provided text does not specify the exact assets involved in the acquisition or disposition, only that such an event was completed on May 16, 2024.
Who was the counterparty in this asset acquisition or disposition?
The filing does not name the other party involved in the transaction.
What is the financial impact of this transaction on Applied Materials?
The filing indicates financial statements and exhibits are included, but the specific financial impact is not detailed in the provided excerpt.
When exactly did the completion of the asset acquisition or disposition occur?
The earliest event reported, which includes the completion of the acquisition or disposition of assets, is dated May 16, 2024.
What is the purpose of filing the financial statements and exhibits with this 8-K?
The financial statements and exhibits are filed as part of the 8-K to provide supporting documentation for the reported completion of an acquisition or disposition of assets.
Filing Stats: 516 words · 2 min read · ~2 pages · Grade level 10.3 · Accepted 2024-05-16 16:03:55
Filing Documents
- amat-20240516.htm (8-K) — 28KB
- exhibit991q22024earningsre.htm (EX-99.1) — 468KB
- applied_prlogoxcmykblueres.jpg (GRAPHIC) — 16KB
- 0000006951-24-000017.txt ( ) — 668KB
- amat-20240516.xsd (EX-101.SCH) — 2KB
- amat-20240516_lab.xml (EX-101.LAB) — 22KB
- amat-20240516_pre.xml (EX-101.PRE) — 13KB
- amat-20240516_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On May 16, 2024, Applied Materials, Inc. ("Applied Materials") announced its financial results for its second quarter ended April 28, 2024. A copy of Applied Materials' press release is attached hereto as Exhibit 99.1. The information in this Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liability under that section, and shall not be deemed to be incorporated by reference in any filing of Applied Materials under the Securities Act of 1933, as amended, or the Exchange Act, unless expressly incorporated by specific reference in such filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release issued by Applied Materials, Inc. dated May 16, 2024 104 Cover Page Interactive Data File (formatted as inline XBRL)
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. Applied Materials, Inc. (Registrant) Date: May 16, 2024 By: /s/ Teri A. Little Teri A. Little Senior Vice President, Chief Legal Officer and Corporate Secretary