AMC Networks Inc. Files 8-K: Material Agreement & Financial Updates
Ticker: AMCX · Form: 8-K · Filed: Jun 21, 2024 · CIK: 1514991
Sentiment: neutral
Topics: material-agreement, financial-obligation, equity-securities
Related Tickers: AMC
TL;DR
AMC Networks inked a new deal, expect financial updates soon.
AI Summary
AMC Networks Inc. entered into a material definitive agreement on June 21, 2024, related to a direct financial obligation. The company also reported on unregistered sales of equity securities and filed financial statements and exhibits. Specific details of the agreement and financial obligations are not fully disclosed in this initial filing.
Why It Matters
This filing indicates significant financial activity and potential new obligations for AMC Networks, which could impact its financial health and future strategic decisions.
Risk Assessment
Risk Level: medium — The filing mentions material definitive agreements and financial obligations, suggesting potential risks associated with these new commitments.
Key Players & Entities
- AMC Networks Inc. (company) — Registrant
- June 21, 2024 (date) — Date of earliest event reported
- 11 Penn Plaza (location) — Principal executive offices address
- New York, NY (location) — Principal executive offices city and state
- 10001 (location) — Principal executive offices zip code
- (212) 324-8500 (phone_number) — Registrant's telephone number
FAQ
What is the nature of the material definitive agreement entered into by AMC Networks Inc. on June 21, 2024?
The filing indicates the entry into a material definitive agreement that creates a direct financial obligation or an obligation under an off-balance sheet arrangement, but specific details are not provided in this initial report.
What other significant events are reported in this 8-K filing?
Besides the material definitive agreement, the filing also reports on the creation of a direct financial obligation, unregistered sales of equity securities, and the filing of financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on June 21, 2024.
What is the principal executive office address for AMC Networks Inc.?
The principal executive offices of AMC Networks Inc. are located at 11 Penn Plaza, New York, NY 10001.
What is the Commission File Number for AMC Networks Inc.?
The Commission File Number for AMC Networks Inc. is 1-35106.
Filing Stats: 1,420 words · 6 min read · ~5 pages · Grade level 10.7 · Accepted 2024-06-21 16:16:03
Key Financial Figures
- $0.01 — stered Class A Common Stock, par value $0.01 per share AMCX The NASDAQ Stock Mar
- $143.75 million — registered offering (the "Offering") of $143.75 million aggregate principal amount of its 4.25%
- $1,000 — he Company ("Class A Common Stock") per $1,000 principal amount of Notes (equivalent t
- $12.74 — itial conversion price of approximately $12.74 per share of Class A Common Stock). Upo
- $10.19 — uch corporate event is either less than $10.19 per share or exceeds $130.00 per share.
- $130.00 — r less than $10.19 per share or exceeds $130.00 per share. If a specified "Fundamenta
Filing Documents
- d766262d8k.htm (8-K) — 33KB
- d766262dex41.htm (EX-4.1) — 691KB
- g766262dsp086.jpg (GRAPHIC) — 9KB
- g766262dsp087.jpg (GRAPHIC) — 20KB
- g766262g0621091239487.jpg (GRAPHIC) — 2KB
- g766262g0621091239713.jpg (GRAPHIC) — 3KB
- g766262g0621091239864.jpg (GRAPHIC) — 2KB
- g766262g0621091240029.jpg (GRAPHIC) — 3KB
- 0001193125-24-165686.txt ( ) — 1037KB
- amcx-20240621.xsd (EX-101.SCH) — 3KB
- amcx-20240621_lab.xml (EX-101.LAB) — 17KB
- amcx-20240621_pre.xml (EX-101.PRE) — 11KB
- d766262d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 4.1 Indenture, dated as of June 21, 2024, by and among the Company, the Guarantors and U.S. Bank Trust Company, National Association, as Trustee. 4.2 Form of Global Note, representing AMC Networks Inc.'s 4.25% Convertible Senior Notes due 2029 (included as Exhibit A to the Indenture filed as Exhibit 4.1). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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. AMC NETWORKS INC. (Registrant) Dated: June 21, 2024 By: /s/ Anne G. Kelly Anne G. Kelly Executive Vice President and Corporate Secretary