Adobe Inc. Signs Material Definitive Agreement

Ticker: ADBE · Form: 8-K · Filed: 2025-01-17T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, definitive-agreement

TL;DR

Adobe signed a big deal Jan 14, details TBD.

AI Summary

Adobe Inc. entered into a Material Definitive Agreement on January 14, 2025. The filing does not disclose the specific details of this agreement, only that it is a significant contract. Further information regarding the nature and terms of this agreement is not provided in this initial 8-K filing.

Why It Matters

This filing indicates Adobe has entered a significant new contract, which could impact future revenue streams or strategic direction, though details are currently undisclosed.

Risk Assessment

Risk Level: medium — The lack of specific details about the material definitive agreement introduces uncertainty regarding its potential impact on Adobe's business and financials.

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement entered into by Adobe Inc. on January 14, 2025?

The filing does not specify the nature of the Material Definitive Agreement, only that one was entered into on January 14, 2025.

What is the significance of the 'Entry into a Material Definitive Agreement' item in this 8-K filing?

This item signifies that Adobe Inc. has entered into a contract that is considered 'material' to the company's business, meaning it is important and could have a significant impact.

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

The earliest event reported in this 8-K filing occurred on January 14, 2025.

What is Adobe Inc.'s principal executive office address?

Adobe Inc.'s principal executive offices are located at 345 Park Avenue, San Jose, California 95110-2704.

Does this 8-K filing provide any financial statements or exhibits?

Yes, the filing indicates 'Financial Statements and Exhibits' as an item, though the specific content of these exhibits is not detailed in the provided text.

From the Filing

0001193125-25-008409.txt : 20250117 0001193125-25-008409.hdr.sgml : 20250117 20250117160522 ACCESSION NUMBER: 0001193125-25-008409 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20250114 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250117 DATE AS OF CHANGE: 20250117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADOBE INC. CENTRAL INDEX KEY: 0000796343 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 770019522 STATE OF INCORPORATION: DE FISCAL YEAR END: 1129 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15175 FILM NUMBER: 25538685 BUSINESS ADDRESS: STREET 1: 345 PARK AVE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 BUSINESS PHONE: 4085366000 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: SAN JOSE STATE: CA ZIP: 95110-2704 FORMER COMPANY: FORMER CONFORMED NAME: ADOBE SYSTEMS INC DATE OF NAME CHANGE: 19940208 8-K 1 d856773d8k.htm 8-K 8-K false 0000796343 0000796343 2025-01-14 2025-01-14     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 14, 2025     ADOBE INC. (Exact name of Registrant as specified in its charter)       Delaware   0-15175   77-0019522 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.) 345 Park Avenue San Jose , California 95110-2704 (Address of principal executive offices and zip code) Registrant’s telephone number, including area code: (408) 536-6000 Not Applicable (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   Name of Each Exchange on Which Registered Common Stock, $0.0001 par value per share   ADBE   NASDAQ 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 January 14, 2025, Adobe Inc. (“Adobe”) entered into an underwriting agreement (the “Underwriting Agreement”) with J.P. Morgan Securities LLC, BofA Securities, Inc., SG Americas Securities, LLC, U.S. Bancorp Investments, Inc. and Wells Fargo Securities, LLC, as representatives of the several underwriters. The Underwriting Agreement provides for the issuance and sale by Adobe of (i) $800,000,000 aggregate principal amount of 4.750% Notes due 2028 (the “2028 Notes”), (ii) $700,000,000 aggregate principal amo

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