e.l.f. Beauty Files 8-K: Material Agreement & Shareholder Vote

Ticker: ELF · Form: 8-K · Filed: 2024-08-27T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation, shareholder-vote

Related Tickers: ELF

TL;DR

ELF filed an 8-K for a material agreement and shareholder vote - watch for updates.

AI Summary

On August 22, 2024, e.l.f. Beauty, Inc. entered into a material definitive agreement related to a financial obligation. The company also submitted matters to a vote of its security holders. This filing also includes other events and financial statements/exhibits.

Why It Matters

This filing indicates significant corporate actions, including a new financial obligation and shareholder decisions, which could impact the company's financial structure and strategic direction.

Risk Assessment

Risk Level: medium — The filing involves a material definitive agreement and a financial obligation, which inherently carry risks that could affect the company's financial health.

Key Players & Entities

e.l.f. Beauty, Inc. (company) — Registrant
August 22, 2024 (date) — Date of earliest event reported
Delaware (jurisdiction) — State of incorporation
001-37873 (other) — Commission File Number
46-4464131 (other) — IRS Employer Identification No.
570 10th Street Oakland, CA 94607 (address) — Business Address

FAQ

What is the nature of the material definitive agreement e.l.f. Beauty, Inc. entered into?

The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in this summary.

What matters were submitted to a vote of security holders?

The filing states that matters were submitted to a vote of security holders, but the specific proposals are not detailed in this summary.

What is the date of the earliest event reported in this 8-K filing?

The earliest event reported is dated August 22, 2024.

What is e.l.f. Beauty, Inc.'s state of incorporation and IRS Employer Identification Number?

e.l.f. Beauty, Inc. is incorporated in Delaware and its IRS Employer Identification Number is 46-4464131.

Does this 8-K filing relate to any direct financial obligations of the registrant?

Yes, the filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.

Filing Stats: 1,516 words · 6 min read · ~5 pages · Grade level 10.6 · Accepted 2024-08-27 16:45:01

Key Financial Figures

$0.01 — ich registered Common Stock, par value $0.01 per share ELF New York Stock Exchan
$500 million — are repurchase program to acquire up to $500 million of the Company's common stock (the " Sh
$25 million — urchase Program. The Company's previous $25 million share repurchase program, announced in

Filing Documents

d889091d8k.htm (8-K) — 47KB
d889091dex31.htm (EX-3.1) — 6KB
d889091dex101.htm (EX-10.1) — 34KB
d889091dex991.htm (EX-99.1) — 7KB
0001193125-24-207812.txt ( ) — 226KB
elf-20240822.xsd (EX-101.SCH) — 3KB
elf-20240822_lab.xml (EX-101.LAB) — 17KB
elf-20240822_pre.xml (EX-101.PRE) — 11KB
d889091d8k_htm.xml (XML) — 3KB

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K contains forward-looking statements within the meaning of the federal securities laws, including those statements related to the amount, timing, and benefits of the Share Repurchase Program. All statements, other than statements of historical facts, included in this Current Report on Form 8-K that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, are forward-looking statements. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, actual results and the timing of selected events may differ materially from those expectations. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things, changes in the price and volume and the volatility of the Company's common stock, unexpected or otherwise unplanned or alternative requirements with respect to the capital investments of the Company and the risks and uncertainties that are described in the Company's filings with the Securities and Exchange Commission. Potential investors are urged to consider these factors carefully in evaluating the forward-looking statements. These forward-looking statements speak only as of the date hereof. Except as required by law, the Company assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future. Item9.01

Financial Statements and Exhibits

Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 3.1 Amendment to Amended and Restated Certificate of Incorporation of e.l.f. Beauty, Inc. 10.1 Third Amendment to Amended and Restated Credit Agreement, dated August 26, 2024, by and among the Company, as parent guarantor, e.l.f. Cosmetics, Inc., W3LL People, Inc. and J.A. RF, LLC, each as a borrower, Bank of Montreal, as the administrative agent, swingline lender and l/c issuer, U.S. Bank, as syndication agent and a joint lead arranger, BMO Capital Markets Corp., as a joint lead arranger and bookrunner, and the lenders from time to time party thereto. 99.1 Press Release issued on August 27, 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, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. e.l.f. Beauty, Inc. Date: August 27, 2024 By: /s/ Scott Milsten Scott Milsten SVP, General Counsel & Chief People Officer