Air Lease Corp Files 8-K on Security Holder Rights
Ticker: AL · Form: 8-K · Filed: Sep 24, 2024 · CIK: 1487712
Sentiment: neutral
Topics: corporate-governance, filing, legal-amendment
Related Tickers: AL
TL;DR
AL filed an 8-K, changes to security holder rights and bylaws. Details TBD.
AI Summary
Air Lease Corporation filed an 8-K on September 24, 2024, reporting material modifications to the rights of security holders and amendments to its articles of incorporation or bylaws. The filing also includes financial statements and exhibits, with the date of the earliest event reported as September 23, 2024. Specific details regarding the modifications or amendments are not elaborated in the provided text.
Why It Matters
This filing indicates potential changes affecting Air Lease Corp's security holders, which could impact their rights and the company's governance structure.
Risk Assessment
Risk Level: medium — Filings related to modifications of security holder rights and amendments to corporate bylaws can introduce uncertainty and potential changes in the company's operational or financial structure.
Key Players & Entities
- AIR LEASE CORP (company) — Registrant
- 001-35121 (company) — Commission File Number
- 27-1840403 (company) — I.R.S. Employer Identification No.
- September 23, 2024 (date) — Date of earliest event reported
- September 24, 2024 (date) — Date of Report
FAQ
What specific modifications were made to the rights of security holders?
The provided text states that there were material modifications to the rights of security holders, but it does not specify the exact nature of these modifications.
What amendments were made to Air Lease Corporation's articles of incorporation or bylaws?
The filing indicates amendments to the articles of incorporation or bylaws, but the specific details of these amendments are not included in the provided excerpt.
What is the significance of the 'Date of earliest event reported' being September 23, 2024?
This date signifies the earliest event that the 8-K filing is reporting on, which is September 23, 2024.
What type of information is typically included in an 8-K filing under Item Information: Financial Statements and Exhibits?
This section typically includes financial statements and any other exhibits that are considered material to investors, such as material contracts or amendments to articles of incorporation.
What is the primary business of Air Lease Corporation based on its SIC code?
Based on its Standard Industrial Classification (SIC) code [7359], Air Lease Corporation is primarily involved in Services-Equipment Rental & Leasing, NEC.
Filing Stats: 2,352 words · 9 min read · ~8 pages · Grade level 13.3 · Accepted 2024-09-24 16:01:55
Key Financial Figures
- $0 — al Preferred Stock, Series D, par value $0.01, with a liquidation preference of $1
- $1,000.00 — $0.01, with a liquidation preference of $1,000.00 per share (the " Series D Preferred Sto
- $25.00 — $0.01, with a liquidation preference of $25.00 per share (the " Series A Preferred Sto
- $1,020.00 — vent, for cash at a redemption price of $1,020.00 per share, in each of cases (i) and (ii
Filing Documents
- d858535d8k.htm (8-K) — 45KB
- d858535dex31.htm (EX-3.1) — 74KB
- d858535dex41.htm (EX-4.1) — 15KB
- d858535dex51.htm (EX-5.1) — 9KB
- g858535g0924032932202.jpg (GRAPHIC) — 2KB
- g858535g0924044047940.jpg (GRAPHIC) — 2KB
- 0001193125-24-224773.txt ( ) — 346KB
- al-20240923.xsd (EX-101.SCH) — 3KB
- al-20240923_def.xml (EX-101.DEF) — 14KB
- al-20240923_lab.xml (EX-101.LAB) — 24KB
- al-20240923_pre.xml (EX-101.PRE) — 15KB
- d858535d8k_htm.xml (XML) — 7KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 3.1 Certificate of Designations with respect to the 6.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series D, dated September 23, 2024, filed with the Secretary of State of Delaware and effective on September 23, 2024. 4.1 Form of Certificate representing the 6.000% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series D. 5.1 Opinion of Cooley LLP, dated September 24, 2024. 23.1 Consent of Cooley LLP (included in Exhibit 5.1). 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. AIR LEASE CORPORATION Date: September 24, 2024 By: /s/ Gregory B. Willis Name: Gregory B. Willis Title: Executive Vice President and Chief Financial Officer