Chemours Co. Files 8-K: Material Agreement & Financial Obligation

Ticker: CC · Form: 8-K · Filed: 2024-11-27T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation

Related Tickers: CC

TL;DR

Chemours signed a big deal and took on new debt. Details to follow.

AI Summary

On November 27, 2024, The Chemours Company (Chemours) entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The specific details of the agreement and the financial obligations are not fully disclosed in this initial report.

Why It Matters

This filing signals a significant new agreement and potential financial commitment for Chemours, which could impact its future operations and financial health.

Risk Assessment

Risk Level: medium — The entry into a material definitive agreement and creation of financial obligations inherently carry risks that are not yet fully detailed in this filing.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Chemours?

The filing states that Chemours entered into a material definitive agreement, but the specific terms and counterparty are not detailed in this report.

What type of financial obligation has Chemours created?

The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the specifics are not provided.

When was this material definitive agreement entered into?

The earliest event reported, which includes the entry into the material definitive agreement, occurred on November 27, 2024.

What is Chemours' principal executive office address?

Chemours' principal executive offices are located at 1007 Market Street, Wilmington, Delaware 19801.

What is the SEC file number for this filing?

The SEC file number for this 8-K filing is 001-36794.

From the Filing

0000950170-24-131547.txt : 20241127 0000950170-24-131547.hdr.sgml : 20241127 20241127163347 ACCESSION NUMBER: 0000950170-24-131547 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20241127 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: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241127 DATE AS OF CHANGE: 20241127 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Chemours Co CENTRAL INDEX KEY: 0001627223 STANDARD INDUSTRIAL CLASSIFICATION: CHEMICALS & ALLIED PRODUCTS [2800] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 464845564 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36794 FILM NUMBER: 241511745 BUSINESS ADDRESS: STREET 1: 1007 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 302 773 1000 MAIL ADDRESS: STREET 1: 1007 MARKET STREET CITY: WILMINGTON STATE: DE ZIP: 19801 FORMER COMPANY: FORMER CONFORMED NAME: Chemours Company, LLC DATE OF NAME CHANGE: 20141205 8-K 1 cc-20241127.htm 8-K 8-K 0001627223 false 0001627223 2024-11-27 2024-11-27     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   November 27, 2024 Date of Report (Date of Earliest Event Reported) The Chemours Company (Exact Name of Registrant as Specified in Its Charter)   Delaware   001-36794   46-4845564 (State or Other Jurisdiction   (Commission   (I.R.S. Employer Of Incorporation)   File Number)   Identification No.)   1007 Market Street Wilmington , Delaware 19801 (Address of principal executive offices)   Registrant’s telephone number, including area code: (302) 773-1000   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 Exchange on Which Registered Common Stock ($0.01 par value)   CC   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. The information set forth in Item 8.01 of this Current Report on Form 8-K regarding the 2020 Base Indenture (as defined below) and the 2024 Third Supplemental Indenture (as defined below) is incorporated herein by reference. Item 2.03 Creation of a Direct Financial Obligation or an Obligation under Off-Balance Sheet Arrangement of a Registrant. The information set forth in Item 8.01 of this Current Report on Form 8-K regarding the Notes is incorporated herein by reference. Item 8.01 Other E

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