Snap Inc. Files 8-K with Material Agreement

Ticker: SNAP · Form: 8-K · Filed: 2024-05-17T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, corporate-action, filing

Related Tickers: SNAP

TL;DR

SNAP filed an 8-K on 5/17 for events on 5/16, including a material agreement.

AI Summary

On May 16, 2024, Snap Inc. entered into a Material Definitive Agreement. The company also submitted matters to a vote of its security holders and filed financial statements and exhibits as part of this 8-K filing. The specific details of the agreement and the matters voted upon are not fully disclosed in the provided text.

Why It Matters

This filing indicates significant corporate actions by Snap Inc., potentially impacting its business operations, financial standing, or shareholder rights.

Risk Assessment

Risk Level: medium — The filing of a Material Definitive Agreement suggests significant business developments that could carry inherent risks or opportunities.

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement entered into by Snap Inc. on May 16, 2024?

The provided text states that Snap Inc. entered into a Material Definitive Agreement on May 16, 2024, but does not specify the details of this agreement.

What specific matters were submitted to a vote of Snap Inc.'s security holders?

The filing indicates that matters were submitted to a vote of security holders, but the specific topics of these votes are not detailed in the provided excerpt.

What financial statements and exhibits were filed by Snap Inc. as part of this 8-K?

The filing confirms the submission of financial statements and exhibits, but the content of these documents is not described in the provided text.

When was Snap Inc. incorporated, and in which jurisdiction?

Snap Inc. was incorporated in Delaware, as indicated by the filing.

What is Snap Inc.'s principal executive office address?

Snap Inc.'s principal executive office is located at 3000 31st Street, Santa Monica, California, 90405.

From the Filing

0001193125-24-141748.txt : 20240517 0001193125-24-141748.hdr.sgml : 20240517 20240517161701 ACCESSION NUMBER: 0001193125-24-141748 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240516 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year ITEM INFORMATION: Submission of Matters to a Vote of Security Holders ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240517 DATE AS OF CHANGE: 20240517 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snap Inc CENTRAL INDEX KEY: 0001564408 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 455452795 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38017 FILM NUMBER: 24959949 BUSINESS ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 BUSINESS PHONE: (310) 399-3339 MAIL ADDRESS: STREET 1: 3000 31ST STREET CITY: SANTA MONICA STATE: CA ZIP: 90405 FORMER COMPANY: FORMER CONFORMED NAME: Snapchat Inc DATE OF NAME CHANGE: 20121211 8-K 1 d838565d8k.htm 8-K 8-K Snap Inc false 0001564408 --12-31 0001564408 2024-05-16 2024-05-16     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 17, 2024 ( May 16, 2024 )     SNAP INC. (Exact name of Registrant as Specified in Its Charter)       Delaware   001-38017   45-5452795 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) 3000 31st Street Santa Monica , California     90405 (Address of Principal Executive Offices)     (Zip Code) Registrant’s Telephone Number, Including Area Code: (310) 399-3339 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:   ☐ 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 Class A Common Stock, par value $0.00001 per share   SNAP   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 Agreement. As previously disclosed, on August 2, 2022, Snap Inc. (the “ Company ”) and certain of its directors were named as defendants in a class action lawsuit in the Court of Chancery of the State of Delaware, captioned City of Warwick v. Snap Inc. et al. , and subsequently captioned Greater Pennsyl

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