Dell Technologies Reports Unregistered Equity Sale
Ticker: DELL · Form: 8-K · Filed: 2024-07-12T00:00:00.000Z
Sentiment: neutral
Topics: equity-sale, unregistered-securities
Related Tickers: DELL
TL;DR
Dell sold some stock off-market, details TBD.
AI Summary
On July 8, 2024, Dell Technologies Inc. filed an 8-K report detailing the unregistered sale of equity securities. The filing indicates a transaction involving the company's equity, though specific details regarding the nature, amount, or recipients of the sale were not elaborated upon in the provided excerpt.
Why It Matters
This filing signals a transaction involving Dell's equity outside of public markets, which could have implications for share structure and investor ownership.
Risk Assessment
Risk Level: medium — Unregistered sales of equity can sometimes indicate unusual corporate activity or potential future dilution, requiring closer examination of the transaction's specifics.
Key Players & Entities
- Dell Technologies Inc. (company) — Registrant
- July 8, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of incorporation
- 001-37867 (identifier) — Commission File Number
- 80-0890963 (identifier) — IRS Employer Identification No.
- One Dell Way, Round Rock, Texas 78682 (address) — Address of principal executive offices
- (800) 289-3355 (phone_number) — Registrant's telephone number
FAQ
What specific type of equity securities were sold?
The provided excerpt does not specify the type of equity securities sold, only that it was an unregistered sale of equity securities.
To whom were these equity securities sold?
The filing excerpt does not disclose the identity of the purchasers of the unregistered equity securities.
What was the total dollar amount of the unregistered equity sale?
The provided text does not contain information about the dollar amount of the unregistered equity sale.
What is the purpose of this unregistered sale of equity securities?
The excerpt does not state the purpose behind Dell Technologies Inc.'s unregistered sale of equity securities.
Are there any exemptions from registration being relied upon for this sale?
The filing indicates an 'Unregistered Sales of Equity Securities' under Item 3.02, but the specific exemption relied upon is not detailed in this excerpt.
From the Filing
0001193125-24-178608.txt : 20240712 0001193125-24-178608.hdr.sgml : 20240712 20240712163129 ACCESSION NUMBER: 0001193125-24-178608 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240708 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20240712 DATE AS OF CHANGE: 20240712 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Dell Technologies Inc. CENTRAL INDEX KEY: 0001571996 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] ORGANIZATION NAME: 06 Technology IRS NUMBER: 800890963 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37867 FILM NUMBER: 241114897 BUSINESS ADDRESS: STREET 1: ONE DELL WAY CITY: ROUND ROCK STATE: TX ZIP: 78682 BUSINESS PHONE: 800-289-3355 MAIL ADDRESS: STREET 1: ONE DELL WAY CITY: ROUND ROCK STATE: TX ZIP: 78682 FORMER COMPANY: FORMER CONFORMED NAME: Dell Technologies Inc DATE OF NAME CHANGE: 20160825 FORMER COMPANY: FORMER CONFORMED NAME: Denali Holding Inc. DATE OF NAME CHANGE: 20130313 8-K 1 d854251d8k.htm 8-K 8-K false 0001571996 0001571996 2024-07-08 2024-07-08     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): July 8, 2024     Dell Technologies Inc. (Exact name of registrant as specified in its charter)       Delaware   001-37867   80-0890963 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   One Dell Way   Round Rock , Texas   78682 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (800) 289-3355 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 C Common Stock, par value $0.01 per share   DELL   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 3.02 Unregistered Sales of Equity Securities. On June 18, 2024, June 20, 2024, July 3, 2024, July 8, 2024 and July 9, 2024, Dell Technologies Inc. (the “Company”) issued an aggregate of 5,645,560 shares of the Company’s Class C common stock (the “Class C Common Stock”) upon conversion of the same number of shares of the Company’s Class B common stock (the “Class B Common Stock”) held by SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Technology Investors IV, L.P., Silver Lake