Twin Disc Enters Material Definitive Agreement

Ticker: TWIN · Form: 8-K · Filed: 2025-02-18T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation, regulation-fd

TL;DR

Twin Disc just signed a big deal, creating new financial obligations.

AI Summary

Twin Disc, Incorporated announced on February 14, 2025, that it entered into a Material Definitive Agreement. This agreement creates a direct financial obligation for the registrant and is also subject to Regulation FD Disclosure. The company also reported other events and filed financial statements and exhibits.

Why It Matters

This filing indicates a significant new contract or financial commitment for Twin Disc, which could impact its future financial performance and obligations.

Risk Assessment

Risk Level: medium — Entering into a material definitive agreement can introduce new financial obligations and potential risks depending on the terms of the agreement.

Key Players & Entities

FAQ

What type of Material Definitive Agreement did Twin Disc enter into?

The filing states that Twin Disc, Incorporated entered into a Material Definitive Agreement on February 14, 2025, but does not specify the exact nature of the agreement in the provided text.

What are the specific financial obligations created by this agreement?

The filing indicates the creation of a direct financial obligation for the registrant, but the specific details and amounts of these obligations are not provided in the excerpt.

Does this agreement involve any off-balance sheet arrangements?

The filing mentions the creation of an obligation under an off-balance sheet arrangement of a registrant, but does not provide further details.

What is the significance of the Regulation FD Disclosure mentioned?

The Regulation FD Disclosure indicates that the information being reported is intended to be broadly disseminated to the public, preventing selective disclosure of material non-public information.

When was this Form 8-K filed?

This Form 8-K was filed on February 18, 2025.

From the Filing

0001437749-25-004129.txt : 20250218 0001437749-25-004129.hdr.sgml : 20250218 20250218083035 ACCESSION NUMBER: 0001437749-25-004129 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 29 CONFORMED PERIOD OF REPORT: 20250214 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: Regulation FD Disclosure ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250218 DATE AS OF CHANGE: 20250218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TWIN DISC INC CENTRAL INDEX KEY: 0000100378 STANDARD INDUSTRIAL CLASSIFICATION: GENERAL INDUSTRIAL MACHINERY & EQUIPMENT [3560] ORGANIZATION NAME: 06 Technology IRS NUMBER: 390667110 STATE OF INCORPORATION: WI FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-07635 FILM NUMBER: 25632852 BUSINESS ADDRESS: STREET 1: 1328 RACINE ST CITY: RACINE STATE: WI ZIP: 53403 BUSINESS PHONE: 2626384000 MAIL ADDRESS: STREET 1: 1328 RACINE STREET CITY: RACINE STATE: WI ZIP: 53403 FORMER COMPANY: FORMER CONFORMED NAME: TWIN DISC CLUTCH CO DATE OF NAME CHANGE: 19770217 8-K 1 twin20250213_8k.htm FORM 8-K twin20250213_8k.htm false 0000100378 0000100378 2025-02-14 2025-02-14 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) February 14, 2025     TWIN DISC, INCORPORATED   (Exact name of registrant as specified in its charter)     W isconsin 001-7635 39-0667110 (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.)     222 East Erie Street, Suite 400           Milwaukee , Wisconsin 53202   (Address of principal executive offices)   Registrant's telephone number, including area code:          ( 262 ) 638-4000     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 (No Par Value) TWIN The NASDAQ Stock Market LLC   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 February 14, 2025, Twin Disc, Incorporated (the &#

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