ICE Enters Material Definitive Agreement

Ticker: ICE · Form: 8-K · Filed: 2024-06-05T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

Related Tickers: ICE

TL;DR

ICE just signed a big deal, likely a new loan or financial commitment.

AI Summary

On June 5, 2024, Intercontinental Exchange, Inc. (ICE) entered into a material definitive agreement related to a financial obligation. The company, incorporated in Delaware, filed this 8-K report to disclose the event.

Why It Matters

This filing indicates a significant new financial commitment or obligation for Intercontinental Exchange, Inc., which could impact its financial structure and future operations.

Risk Assessment

Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that may not be immediately apparent.

Key Numbers

Key Players & Entities

FAQ

What specific type of material definitive agreement did Intercontinental Exchange, Inc. enter into?

The filing indicates the entry into a material definitive agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specific details of the agreement are not provided in this excerpt.

What is the nature of the financial obligation created?

The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant,' but the exact nature and amount are not detailed in this section.

When was this material definitive agreement entered into?

The earliest event reported in this 8-K filing occurred on June 5, 2024.

What is Intercontinental Exchange, Inc.'s primary business as indicated by its SIC code?

Intercontinental Exchange, Inc.'s Standard Industrial Classification (SIC) code is 6200, which corresponds to 'SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES'.

What was the previous name of Intercontinental Exchange, Inc. and when did it change?

The company was formerly known as IntercontinentalExchange Group, Inc., with name changes noted on March 13, 2013, and March 12, 2013.

From the Filing

0001193125-24-155176.txt : 20240605 0001193125-24-155176.hdr.sgml : 20240605 20240605164601 ACCESSION NUMBER: 0001193125-24-155176 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240605 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240605 DATE AS OF CHANGE: 20240605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Intercontinental Exchange, Inc. CENTRAL INDEX KEY: 0001571949 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] ORGANIZATION NAME: 02 Finance IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36198 FILM NUMBER: 241022595 BUSINESS ADDRESS: STREET 1: 5660 NEW NORTHSIDE DRIVE, STREET 2: THIRD FLOOR CITY: ATLANTA STATE: GA ZIP: 30328 BUSINESS PHONE: 770-857-4700 MAIL ADDRESS: STREET 1: 5660 NEW NORTHSIDE DRIVE, STREET 2: THIRD FLOOR CITY: ATLANTA STATE: GA ZIP: 30328 FORMER COMPANY: FORMER CONFORMED NAME: IntercontinentalExchange Group, Inc. DATE OF NAME CHANGE: 20130313 FORMER COMPANY: FORMER CONFORMED NAME: Intercontinental Exchange Group, Inc. DATE OF NAME CHANGE: 20130312 8-K 1 d841998d8k.htm 8-K 8-K false 0001571949 0001571949 2024-06-05 2024-06-05     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): June 5, 2024     INTERCONTINENTAL EXCHANGE, INC. (Exact Name of Registrant as Specified in its Charter)       Delaware   001-36198   46-2286804 (State or other jurisdiction of incorporation)   (Commission File No.)   (I.R.S. Employer Identification Number) 5660 New Northside Drive , Third Floor , Atlanta , Georgia 30328 (Address of Principal Executive Offices) (Zip Code) Registrant’s telephone number, including area code: (770) 857-4700     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, $0.01 par value per share   ICE   New York Stock Exchange 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 (see General Instruction A.2. below):   ☐ 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)) 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. On June 5, 2024 (the “Settlement Date”), Intercontinental Exchange, Inc. (the “Company”) completed its previously announced offer to exchange (the “Exc

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