Trimble Inc. Signs Material Definitive Agreement

TL;DR

Trimble signed a big deal, filing details today.

AI Summary

Trimble Inc. announced on July 29, 2024, that it has entered into a material definitive agreement. The company, incorporated in Delaware, filed an 8-K report detailing this agreement. The filing was made public on August 1, 2024.

Why It Matters

This filing indicates a significant new contract or partnership for Trimble Inc., which could impact its future revenue and strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that may affect the company's financial performance and stock price.

Key Players & Entities

• Trimble Inc. (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• July 29, 2024 (date) — Date of earliest event reported
• August 1, 2024 (date) — Filing date

FAQ

From the Filing

0000864749-24-000191.txt : 20240801 0000864749-24-000191.hdr.sgml : 20240801 20240731205223 ACCESSION NUMBER: 0000864749-24-000191 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240729 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240801 DATE AS OF CHANGE: 20240731 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TRIMBLE INC. CENTRAL INDEX KEY: 0000864749 STANDARD INDUSTRIAL CLASSIFICATION: MEASURING & CONTROLLING DEVICES, NEC [3829] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 942802192 STATE OF INCORPORATION: DE FISCAL YEAR END: 0103 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-14845 FILM NUMBER: 241163762 BUSINESS ADDRESS: STREET 1: 10368 WESTMOOR DR CITY: WESTMINSTER STATE: CO ZIP: 80021 BUSINESS PHONE: (720) 887-6100 MAIL ADDRESS: STREET 1: 10368 WESTMOOR DR CITY: WESTMINSTER STATE: CO ZIP: 80021 FORMER COMPANY: FORMER CONFORMED NAME: TRIMBLE NAVIGATION LTD /CA/ DATE OF NAME CHANGE: 19930328 8-K 1 trmb-20240729.htm 8-K trmb-20240729 0000864749 false 0000864749 2024-07-29 2024-07-29 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 29, 2024 Trimble Inc. (Exact name of registrant as specified in its charter) Delaware   001-14845   94-2802192 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer I.D. No.) 10368 Westmoor Dr , Westminster , CO   80021 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: ( 720 ) 887-6100 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 Common Stock, $0.001 par value per share TRMB 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). ☐ 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. As previously disclosed on a Current Report 8-K filed by Trimble Inc. (the “ Company ”) on May 22, 2024, the Company obtained a Consent and Waiver (the “ First Consent and Waiver ”) relating to the Credit Agreement, dated March 24, 2022, as amended (the “ Credit Agreement ”). Under the First Consent and Waiver, the Lenders party to the Credit Agreement and the Administrative Agent agreed to extend to August 12, 2024 the Company’s deadline to deliver the Financial Deliverables (the “ Financial Reporting Deadline ”) for the fiscal quarter ending March 29, 2024 and to waive any Default or Event of