Standex International Corp Files 8-K on Financial Obligation
Ticker: SXI · Form: 8-K · Filed: Dec 12, 2024 · CIK: 310354
Sentiment: neutral
Topics: debt, financial-obligation
Related Tickers: SXI
TL;DR
Standex just filed an 8-K about a new financial obligation. Details TBD.
AI Summary
On December 6, 2024, Standex International Corporation filed an 8-K report detailing a direct financial obligation. The filing does not specify the exact nature or amount of the obligation, but it is a reportable event under SEC regulations.
Why It Matters
This filing indicates a new financial commitment or obligation for Standex International Corporation, which could impact its financial structure and future operations.
Risk Assessment
Risk Level: medium — The filing indicates a new financial obligation, the details of which are not yet fully disclosed, creating some uncertainty.
Key Players & Entities
- Standex International Corporation (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- December 6, 2024 (date) — Date of earliest event reported
FAQ
What is the specific nature of the direct financial obligation reported by Standex International Corporation?
The provided filing excerpt does not specify the exact nature of the direct financial obligation.
What is the dollar amount of the financial obligation?
The filing excerpt does not mention a specific dollar amount for the financial obligation.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on December 6, 2024.
What is Standex International Corporation's principal executive office address?
The principal executive offices are located at 23 Keewaydin Drive, Salem, New Hampshire 03079.
What is Standex International Corporation's IRS Employer Identification Number?
The IRS Employer Identification Number is 31-0596149.
Filing Stats: 803 words · 3 min read · ~3 pages · Grade level 14.3 · Accepted 2024-12-12 12:17:20
Key Financial Figures
- $1.50 — ch registered Common Stock , Par Value $1.50 Per Share SXI New York Stock Exchang
- $325,000,000 — make available to Standex an additional $325,000,000 under the Initial Revolving Credit Comm
- $500 million — der the Revolving Credit Agreement from $500 million to $825 million. In addition to increas
- $825 million — g Credit Agreement from $500 million to $825 million. In addition to increasing the Initial
- $250 million — t Agreement to payoff and terminate the $250 million Term Loan Credit Agreement (the "Term L
- $250,000,000 — Loan Lenders had advanced to Standex a $250,000,000 term loan (the "Term Loan"). The Term L
Filing Documents
- sxi20241211_8k.htm (8-K) — 29KB
- ex_756333.htm (EX-10.1) — 88KB
- 0001437749-24-037306.txt ( ) — 256KB
- sxi-20241206.xsd (EX-101.SCH) — 3KB
- sxi-20241206_def.xml (EX-101.DEF) — 11KB
- sxi-20241206_lab.xml (EX-101.LAB) — 15KB
- sxi-20241206_pre.xml (EX-101.PRE) — 11KB
- sxi20241211_8k_htm.xml (XML) — 3KB
01 – Financial Statements and Exhibits
Item 9.01 – Financial Statements and Exhibits. (a) Exhibits. Exhibit No. Description 10.1 Second Amendment dated as of December 6, 2024 by and among Standex International Corporation, Citizens Bank, N.A., a national banking association, as Administrative Agent and Lender, and the other Lenders party thereto 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) SIGNATURE 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 thereunto duly authorized. STANDEX INTERNATIONAL CORPORATION (Registrant) /s/ Ademir Sarcevic Ademir Sarcevic Chief Financial Officer Date: December 12, 2024 Signing on behalf of the registrant and as principal financial officer