Acuity Brands Reports Financial Obligation

Ticker: AYI · Form: 8-K · Filed: 2025-01-06T00:00:00.000Z

Sentiment: neutral

Topics: financial-obligation, 8-k

Related Tickers: AYI

TL;DR

ACUITY BRANDS INC just filed an 8-K about a new financial obligation. Keep an eye on their debt.

AI Summary

On January 1, 2025, Acuity Brands, Inc. reported the creation of a direct financial obligation. The company is incorporated in Delaware and its principal executive offices are located at 1170 Peachtree Street, N.E., Suite 1200, Atlanta, Georgia 30309. This filing is a current report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Why It Matters

This filing indicates a new financial commitment by Acuity Brands, which could impact its financial structure and future obligations.

Risk Assessment

Risk Level: medium — The creation of a new financial obligation can introduce new risks related to debt servicing and financial flexibility.

Key Players & Entities

ACUITY BRANDS, INC. (company) — Registrant
January 1, 2025 (date) — Date of earliest event reported
Delaware (jurisdiction) — State of incorporation
001-16583 (filing_id) — Commission File Number
58-2632672 (tax_id) — IRS Employer Identification Number
1170 Peachtree Street, N.E., Suite 1200, Atlanta, Georgia 30309 (address) — Address of principal executive offices
(404) 853-1400 (phone_number) — Registrant's telephone number

FAQ

What specific type of financial obligation did Acuity Brands, Inc. report?

The filing states the creation of a 'Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement' but does not specify the exact nature of the obligation in the provided text.

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

The earliest event reported was on January 1, 2025.

In which U.S. state is Acuity Brands, Inc. incorporated?

Acuity Brands, Inc. is incorporated in Delaware.

What is the principal executive office address for Acuity Brands, Inc.?

The principal executive offices are located at 1170 Peachtree Street, N.E., Suite 1200, Atlanta, Georgia 30309.

What is the Commission File Number for Acuity Brands, Inc.?

The Commission File Number for Acuity Brands, Inc. is 001-16583.

From the Filing

0001193125-25-002182.txt : 20250106 0001193125-25-002182.hdr.sgml : 20250106 20250106162701 ACCESSION NUMBER: 0001193125-25-002182 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250101 ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Other Events FILED AS OF DATE: 20250106 DATE AS OF CHANGE: 20250106 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ACUITY BRANDS INC CENTRAL INDEX KEY: 0001144215 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC LIGHTING & WIRING EQUIPMENT [3640] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 582632672 STATE OF INCORPORATION: DE FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16583 FILM NUMBER: 25511538 BUSINESS ADDRESS: STREET 1: 1170 PEACHTREE STREET NE STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30309 BUSINESS PHONE: 404-853-1400 MAIL ADDRESS: STREET 1: 1170 PEACHTREE STREET NE STREET 2: SUITE 1200 CITY: ATLANTA STATE: GA ZIP: 30309 FORMER COMPANY: FORMER CONFORMED NAME: L&C SPINCO INC DATE OF NAME CHANGE: 20010629 8-K 1 d908962d8k.htm 8-K 8-K ACUITY BRANDS INC GA false 0001144215 0001144215 2025-01-01 2025-01-01     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): January 1, 2025     ACUITY BRANDS, INC. (Exact name of registrant as specified in its charter)       Delaware   001-16583   58-2632672 (State or other jurisdiction of incorporation or organization)   (Commission File Number)   (IRS. Employer Identification Number)   1170 Peachtree Street, N.E. , Suite 1200 , Atlanta , Georgia 30309 (Address of principal executive offices) (404) 853-1400 (Registrant’s telephone number, including area code) None (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:     ☐ 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, $0.01 par value per share   AYI   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 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. On January 2, 2025, in connection with the Acquisition (as defined below), Acuity Brands Lighting, Inc. (the “Borrower”), a wholly owned subsidiary of Acuity Brands, Inc. (“we,” “our,” “us,” “the Company,” or similar references), incurred an aggregate $600 mil