Choice Hotels Files 8-K: Material Agreement & Financial Obligations

Ticker: CHH · Form: 8-K · Filed: 2024-06-28T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation, 8-k

Related Tickers: CHH

TL;DR

CHOICE files 8-K: new material agreement and financial obligations reported.

AI Summary

On June 28, 2024, Choice Hotels International, Inc. entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report includes financial statements and exhibits.

Why It Matters

This filing signals a significant new agreement and potential financial commitments for Choice Hotels, which could impact its future operations and financial health.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligations, which inherently carry some level of risk and require further investigation into the specifics of the agreement.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Choice Hotels?

The filing does not specify the details of the material definitive agreement, only that one was entered into on June 28, 2024.

What type of financial obligation has been created?

The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not provide specific details.

What is the purpose of filing this 8-K report?

This 8-K is a current report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, reporting on the entry into a material definitive agreement and the creation of financial obligations.

When was Choice Hotels International, Inc. incorporated?

Choice Hotels International, Inc. was incorporated in Delaware.

What is the Commission File Number for Choice Hotels International, Inc.?

The Commission File Number for Choice Hotels International, Inc. is 001-13393.

From the Filing

0001193125-24-172279.txt : 20240628 0001193125-24-172279.hdr.sgml : 20240628 20240628161704 ACCESSION NUMBER: 0001193125-24-172279 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240628 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: Financial Statements and Exhibits FILED AS OF DATE: 20240628 DATE AS OF CHANGE: 20240628 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHOICE HOTELS INTERNATIONAL INC /DE CENTRAL INDEX KEY: 0001046311 STANDARD INDUSTRIAL CLASSIFICATION: HOTELS & MOTELS [7011] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 521209792 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13393 FILM NUMBER: 241085985 BUSINESS ADDRESS: STREET 1: 915 MEETING STREET STREET 2: SUITE 600 CITY: NORTH BETHESDA STATE: MD ZIP: 20852 BUSINESS PHONE: 3015925000 MAIL ADDRESS: STREET 1: 915 MEETING STREET STREET 2: SUITE 600 CITY: NORTH BETHESDA STATE: MD ZIP: 20852 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS FRANCHISING INC DATE OF NAME CHANGE: 19971118 FORMER COMPANY: FORMER CONFORMED NAME: CHOICE HOTELS INTERNATIONAL INC/ DATE OF NAME CHANGE: 19971022 8-K 1 d860049d8k.htm 8-K 8-K CHOICE HOTELS INTERNATIONAL INC /DE false 0001046311 0001046311 2024-06-28 2024-06-28     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 28, 2024     CHOICE HOTELS INTERNATIONAL, INC. (Exact name of registrant as specified in its charter)       Delaware   001-13393   52-1209792 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification Number)   915 Meeting Street     Suite 600     North Bethesda     Maryland     20852 (Address of principal executive offices)     (Zip Code) Registrant’s telephone number, including area code (301) 592-5000   (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 (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)) 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, Par Value $0.01 per share   CHH   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. See Item 2.03 below for a description of the $1 billion second amended and r

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