AutoNation Enters Material Definitive Agreement

Ticker: AN · Form: 8-K · Filed: 2025-02-24T00:00:00.000Z

Sentiment: neutral

Topics: material-agreement, financial-obligation

TL;DR

AutoNation just signed a big deal, creating new financial obligations.

AI Summary

On February 19, 2025, AutoNation, Inc. entered into a material definitive agreement, which also created a direct financial obligation for the registrant. The filing details this agreement and related financial obligations.

Why It Matters

This filing indicates a significant new financial commitment or contract for AutoNation, Inc., which could impact its future financial performance and operations.

Risk Assessment

Risk Level: medium — Material definitive agreements and new financial obligations can introduce significant risks related to contract terms, financial performance, and operational changes.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement AutoNation, Inc. entered into?

The filing states that AutoNation, Inc. entered into a material definitive agreement on February 19, 2025, but the specific details of the agreement are not provided in this summary.

What type of financial obligation was created for AutoNation, Inc.?

The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for AutoNation, Inc. as a result of the agreement.

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

The earliest event reported in this 8-K filing occurred on February 19, 2025.

What is AutoNation, Inc.'s state of incorporation and fiscal year end?

AutoNation, Inc. is incorporated in Delaware and its fiscal year ends on December 31.

What is AutoNation, Inc.'s primary business as indicated by its SIC code?

AutoNation, Inc.'s SIC code is 5500, which corresponds to RETAIL-AUTO DEALERS & GASOLINE STATIONS.

From the Filing

0001193125-25-033444.txt : 20250224 0001193125-25-033444.hdr.sgml : 20250224 20250224162404 ACCESSION NUMBER: 0001193125-25-033444 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 16 CONFORMED PERIOD OF REPORT: 20250219 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: Financial Statements and Exhibits FILED AS OF DATE: 20250224 DATE AS OF CHANGE: 20250224 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AUTONATION, INC. CENTRAL INDEX KEY: 0000350698 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-AUTO DEALERS & GASOLINE STATIONS [5500] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 731105145 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13107 FILM NUMBER: 25657386 BUSINESS ADDRESS: STREET 1: 200 SW 1ST AVE STREET 2: SUITE 1600 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 BUSINESS PHONE: 9547696000 MAIL ADDRESS: STREET 1: 200 SW 1ST AVE STREET 2: SUITE 1600 CITY: FORT LAUDERDALE STATE: FL ZIP: 33301 FORMER COMPANY: FORMER CONFORMED NAME: AUTONATION, INC. /FL DATE OF NAME CHANGE: 20090827 FORMER COMPANY: FORMER CONFORMED NAME: AutoNation, Inc. /FL DATE OF NAME CHANGE: 20090827 FORMER COMPANY: FORMER CONFORMED NAME: AUTONATION INC /FL DATE OF NAME CHANGE: 19990407 8-K 1 d905261d8k.htm 8-K 8-K false 0000350698 0000350698 2025-02-19 2025-02-19     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 19, 2025     AutoNation, Inc. (Exact name of registrant as specified in its charter)       Delaware   1-13107   73-1105145 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) 200 SW 1st Ave Fort Lauderdale , Florida 33301 (Address of principal executive offices, including zip code) Registrant’s telephone number, including area code (954)   769-6000   (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(s)   Name of each exchange on which registered Common stock, par value $0.01 per share   AN   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. On February 24, 2025, AutoNation, Inc. (the “Company”) closed its sale of $500 million aggregate principal amount of 5.890% Seni

View on Read The Filing