BlackRock Files 8-K on Material Definitive Agreement

Ticker: BLK · Form: 8-K · Filed: 2024-11-08T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

Related Tickers: BLK

TL;DR

BlackRock just filed an 8-K about a new material definitive agreement and financial obligation. Details TBD.

AI Summary

On November 7, 2024, BlackRock, Inc. entered into a material definitive agreement related to a financial obligation. The filing details the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. Specific details regarding the agreement, the nature of the obligation, and any associated dollar amounts or terms are not provided in this summary section of the filing.

Why It Matters

This filing indicates a new financial commitment or obligation for BlackRock, which could impact its financial structure and future obligations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and a financial obligation, which warrants attention for potential financial impact, but lacks specific details to assess the immediate risk.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the material definitive agreement BlackRock, Inc. entered into?

The filing states that BlackRock, Inc. entered into a material definitive agreement, but does not specify the nature of the agreement in the provided text.

What type of financial obligation is being reported?

The filing reports the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on November 7, 2024.

Where are BlackRock, Inc.'s principal executive offices located?

BlackRock, Inc.'s principal executive offices are located at 50 Hudson Yards, New York, New York, 10001.

What is the SEC file number for BlackRock, Inc.?

The SEC file number for BlackRock, Inc. is 001-42297.

From the Filing

0001193125-24-254116.txt : 20241108 0001193125-24-254116.hdr.sgml : 20241108 20241108160103 ACCESSION NUMBER: 0001193125-24-254116 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20241107 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241108 DATE AS OF CHANGE: 20241108 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BlackRock, Inc. CENTRAL INDEX KEY: 0002012383 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] ORGANIZATION NAME: 02 Finance IRS NUMBER: 991116001 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42297 FILM NUMBER: 241440352 BUSINESS ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: (212) 810-5300 MAIL ADDRESS: STREET 1: 50 HUDSON YARDS CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: BlackRock Funding, Inc. /DE DATE OF NAME CHANGE: 20240215 8-K 1 d819462d8k.htm 8-K 8-K DE false 0002012383 0002012383 2024-11-07 2024-11-07     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): November 7, 2024     BLACKROCK, INC. (Exact name of registrant as specified in its charter)       DELAWARE   001-42297   99-1116001 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   50 Hudson Yards , New York , New York   10001 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: (212) 810-5800   (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 Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, $.01 par value   BLK   New York Stock Exchange 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 November 7, 2024, BlackRock, Inc. (the “ Company ”) established a commercial paper program (the “ Program ”) pursuant to which it may issue short-term, unsecured commercial paper notes (the “ Notes ”), the payments of which have been unconditionally guaranteed by its wholly owned subsidia

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