Goodyear Tire & Rubber Files 8-K Amendment
Ticker: GT · Form: 8-K/A · Filed: Jul 25, 2024 · CIK: 42582
Sentiment: neutral
Topics: amendment, material-agreement, disclosure
Related Tickers: GT
TL;DR
GT filed an 8-K amendment on July 25th for a July 22nd deal. Details TBD.
AI Summary
Goodyear Tire & Rubber Co. (GT) filed an amendment (8-K/A) on July 25, 2024, to a previous filing concerning a material definitive agreement entered into on July 22, 2024. The amendment does not provide specific details about the agreement itself but relates to financial statements and exhibits, and Regulation FD disclosures.
Why It Matters
This amendment updates previous filings related to a material agreement, indicating ongoing corporate actions and disclosures that could impact investor understanding of Goodyear's business dealings.
Risk Assessment
Risk Level: low — The filing is an amendment to a previous report and does not introduce new material events or financial risks.
Key Players & Entities
- Goodyear Tire & Rubber Co. (company) — Registrant
- GT (company) — Ticker Symbol
- July 22, 2024 (date) — Date of earliest event reported
- July 25, 2024 (date) — Filing Date
- Ohio (location) — State of incorporation
- Akron (location) — Principal executive offices
FAQ
What is the primary purpose of this 8-K/A filing?
This 8-K/A filing serves as an amendment to a previous report, specifically addressing the entry into a material definitive agreement on July 22, 2024, and including related financial statements and exhibits.
When was the original event that this amendment pertains to?
The earliest event reported, which this amendment relates to, occurred on July 22, 2024.
What specific details about the material definitive agreement are provided in this amendment?
This amendment does not provide specific details about the material definitive agreement itself, but rather amends the original filing concerning it.
What is Goodyear Tire & Rubber Co.'s state of incorporation and principal executive office location?
Goodyear Tire & Rubber Co. is incorporated in Ohio and its principal executive offices are located in Akron, Ohio.
What is the filing date of this amendment?
This 8-K/A amendment was filed as of July 25, 2024.
Filing Stats: 2,494 words · 10 min read · ~8 pages · Grade level 18.3 · Accepted 2024-07-25 17:19:29
Key Financial Figures
- $905 million — nd liabilities, for a purchase price of $905 million in cash, subject to certain adjustments
- $47.5 million — ause to be paid to the Company a fee of $47.5 million if the Agreement is validly terminated
Filing Documents
- d852316d8ka.htm (8-K/A) — 40KB
- d852316dex991.htm (EX-99.1) — 13KB
- g852316dsp001.jpg (GRAPHIC) — 3KB
- g852316dsp007a.jpg (GRAPHIC) — 33KB
- 0001193125-24-184964.txt ( ) — 235KB
- gt-20240722.xsd (EX-101.SCH) — 3KB
- gt-20240722_lab.xml (EX-101.LAB) — 18KB
- gt-20240722_pre.xml (EX-101.PRE) — 11KB
- d852316d8ka_htm.xml (XML) — 4KB
Forward Looking Statements
Forward Looking Statements This report contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act and Section 21E of the Exchange Act. Such forward-looking statements include, but are not limited to, statements relating to the proposed Transaction, including statements regarding the benefits of the Transaction and the anticipated timing of the Transaction, and information regarding the businesses of the Company and Buyer. There are a variety of factors, many of which are beyond our control, that affect our operations, performance, business strategy and results and could cause our actual results and experience to differ materially from the assumptions, expectations and objectives expressed in any forward-looking statements. These factors include, but are not limited to: our ability to implement successfully the Goodyear Forward plan and our other strategic initiatives, including the Transaction; risks relating to the ability to consummate the Transaction on a timely basis or at all, including failure to obtain the required regulatory approvals or to satisfy the other conditions to the closing of the Transaction; actions and initiatives taken by both current and potential competitors; increases in the prices paid for raw materials and energy; inflationary cost pressures; delays or disruptions in our supply chain or the provision of services to us; a prolonged economic downturn or period of economic uncertainty; deteriorating economic conditions or an inability to access capital markets; a labor strike, work stoppage, labor shortage or other similar event; financial difficulties, work stoppages, labor shortages or supply disruptions at our suppliers or customers; the adequacy of our capital expenditures; changes in tariffs, trade agreements or trade restrictions; foreign currency translation and transaction risks; our failure to comply with a material covenant in our debt obligat
Financial Statements and Exhibits
Financial Statements and Exhibits. (d)Exhibits. Exhibit Description 99.1 News Release of The Goodyear Tire & Rubber Company, dated July 22, 2024. 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. THE GOODYEAR TIRE & RUBBER COMPANY Date: July 25, 2024 By: /s/ Daniel T. Young Daniel T. Young Secretary