Casey's General Stores Files 8-K

TL;DR

Casey's signed a big deal, filing an 8-K on July 25th.

AI Summary

On July 25, 2024, Casey's General Stores, Inc. entered into a Material Definitive Agreement. The filing also includes Regulation FD Disclosures and Financial Statements and Exhibits. Specific details of the agreement, including dollar amounts and parties involved, are not fully elaborated in the provided text snippet.

Why It Matters

This 8-K filing indicates a significant event for Casey's General Stores, potentially involving a new contract or transaction that could impact its business operations and financial standing.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement, which could represent significant business changes, but the lack of specific details in the provided text makes a precise risk assessment difficult.

Key Players & Entities

• CASEY'S GENERAL STORES, INC. (company) — Registrant
• July 25, 2024 (date) — Date of earliest event reported

FAQ

From the Filing

0000950142-24-002012.txt : 20240726 0000950142-24-002012.hdr.sgml : 20240726 20240726082019 ACCESSION NUMBER: 0000950142-24-002012 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20240725 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240726 DATE AS OF CHANGE: 20240726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASEYS GENERAL STORES INC CENTRAL INDEX KEY: 0000726958 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 420935283 STATE OF INCORPORATION: IA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34700 FILM NUMBER: 241143615 BUSINESS ADDRESS: STREET 1: PO BOX 3001 CITY: ANKENY STATE: IA ZIP: 50021 BUSINESS PHONE: 515-965-6100 MAIL ADDRESS: STREET 1: PO BOX 3001 CITY: ANKENY STATE: IA ZIP: 50021 8-K 1 eh240511873_8k.htm FORM 8-K FORM 8-K false 0000726958 0000726958 2024-07-25 2024-07-25 iso4217:USD xbrli:shares iso4217:USD xbrli:shares 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 25, 2024   CASEY’S GENERAL STORES, INC. (Exact name of registrant as specified in its charter) Iowa (State or other jurisdiction of incorporation) 001-34700 42-0935283 (Commission File Number) (I.R.S. Employer Identification Number)   One SE Convenience Blvd. , Ankeny , Iowa (Address of principal executive offices) 50021 (Zip Code) ( 515 ) 965-6100 (Registrant’s telephone number, including area code) NONE (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 Exchange Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, no par value per share CASY The NASDAQ Global Select Market   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). ☐ 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 . Equity Purchase Agreement On July 25, 2024, Casey’s General Stores, Inc. (the “ Company ”) entered into an Equity Purchase Agreement (the “ Purchase Agreement ”) with (a) Fikes Wholesale, Inc., a Texas corporation (“ Fikes ”), (b) Group Petroleum Services, Inc., a Texas corporation (“ GPS ” and together with Fikes, the “ Seller Companies ”), (c) Raymond W. Smith, an individual residing in the State of Texas, in his capacity as the Representative (as defined in the Purchase Agreement), and (d) certain other parties thereto. Pursuant to the terms of the Purchase Agreement, following restructuring of the Seller Companie