AMD Files 8-K: Material Agreement, Equity Sales, Financials
Ticker: AMD · Form: 8-K · Filed: 2024-08-19T00:00:00.000Z
Sentiment: neutral
Topics: material-agreement, equity-sale, financials
Related Tickers: AMD
TL;DR
AMD signed a big deal and sold some stock, plus filed financials. Keep an eye on this.
AI Summary
On August 17, 2024, Advanced Micro Devices, Inc. (AMD) entered into a material definitive agreement. The filing also disclosed unregistered sales of equity securities and included financial statements and exhibits. The company is incorporated in Delaware and headquartered in Santa Clara, California.
Why It Matters
This 8-K filing indicates significant corporate actions by AMD, including a new material agreement and equity transactions, which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements and unregistered sales of equity, which can introduce financial and operational risks.
Key Numbers
- 20240817 — Report Date (The filing pertains to events on or around this date.)
- 1228 — Fiscal Year End (Indicates the end of AMD's fiscal year for financial reporting.)
Key Players & Entities
- ADVANCED MICRO DEVICES, INC. (company) — Registrant
- August 17, 2024 (date) — Date of earliest event reported
- Delaware (jurisdiction) — State of Incorporation
- Santa Clara, California (location) — Principal executive offices
- 001-07882 (identifier) — Commission File Number
FAQ
What is the nature of the material definitive agreement entered into by AMD?
The filing states that AMD entered into a 'Material Definitive Agreement' but does not specify the details of the agreement in the provided text.
What type of equity securities were sold unregistered?
The filing mentions 'Unregistered Sales of Equity Securities' but does not provide specific details on the type or amount of securities sold in the excerpt.
What are the key items included in the financial statements and exhibits filed?
The filing indicates that 'Financial Statements and Exhibits' are included, but the specific contents are not detailed in the provided text.
When was the report filed with the SEC?
The report was filed as of date August 19, 2024.
What is AMD's primary business classification according to the SIC code?
AMD's Standard Industrial Classification (SIC) code is 3674, which corresponds to 'SEMICONDUCTORS & RELATED DEVICES'.
From the Filing
0001193125-24-202457.txt : 20240819 0001193125-24-202457.hdr.sgml : 20240819 20240819062230 ACCESSION NUMBER: 0001193125-24-202457 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240817 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240819 DATE AS OF CHANGE: 20240819 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVANCED MICRO DEVICES INC CENTRAL INDEX KEY: 0000002488 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 941692300 STATE OF INCORPORATION: DE FISCAL YEAR END: 1228 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07882 FILM NUMBER: 241218207 BUSINESS ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 BUSINESS PHONE: (408) 749-4000 MAIL ADDRESS: STREET 1: 2485 AUGUSTINE DRIVE CITY: SANTA CLARA STATE: CA ZIP: 95054 8-K 1 d808469d8k.htm 8-K 8-K ADVANCED MICRO DEVICES INC false 0000002488 0000002488 2024-08-17 2024-08-17     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 August 17, 2024 Date of Report (Date of earliest event reported)       ADVANCED MICRO DEVICES, INC. (Exact name of registrant as specified in its charter)       Delaware   001-07882   94-1692300 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification Number) 2485 Augustine Drive Santa Clara , California 95054 (Address of principal executive offices) (Zip Code) (408) 749-4000 (Registrant’s telephone number, including area code) N/A (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 Common Stock, $0.01 par value   AMD   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). 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. On August 17, 2024 (the “Signing Date”), Advanced Micro Devices, Inc., a Delaware corporation (“Buyer”), entered into a Stock Purchase Agreement (the “Agreement”) with ZT Group Int’l, Inc., a New Jersey corporation (the “Company”), the selling stockholders identified therein from time to time (the “Sellers”) and Frank Zhang, as the representative of the Sellers, pursuant to which Buyer will purchase all of th