Micron Technology Files 8-K on Agreements and Obligations

TL;DR

Micron's got new deals and debt, but details are scarce.

AI Summary

On March 12, 2025, Micron Technology, Inc. filed an 8-K report indicating the entry into and termination of material definitive agreements, as well as the creation of direct financial obligations. The specific details of these agreements and obligations were not disclosed in the provided excerpt.

Why It Matters

This filing signals significant changes in Micron's contractual and financial commitments, which could impact its operational and financial future.

Risk Assessment

Risk Level: medium — The filing indicates material definitive agreements and financial obligations, suggesting potential shifts in the company's financial structure or strategic partnerships that require further investigation.

Key Players & Entities

• Micron Technology, Inc. (company) — Registrant
• March 12, 2025 (date) — Date of Report

FAQ

From the Filing

0001104659-25-022973.txt : 20250312 0001104659-25-022973.hdr.sgml : 20250312 20250312160543 ACCESSION NUMBER: 0001104659-25-022973 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20250312 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20250312 DATE AS OF CHANGE: 20250312 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MICRON TECHNOLOGY INC CENTRAL INDEX KEY: 0000723125 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 751618004 STATE OF INCORPORATION: DE FISCAL YEAR END: 0828 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10658 FILM NUMBER: 25731746 BUSINESS ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 BUSINESS PHONE: 2083684000 MAIL ADDRESS: STREET 1: 8000 S FEDERAL WAY STREET 2: PO BOX 6 CITY: BOISE STATE: ID ZIP: 83716-9632 8-K 1 tm258936d1_8k.htm FORM 8-K false 0000723125 0000723125 2025-03-12 2025-03-12 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     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   March 12, 2025 Date of Report (date of earliest event reported)       Micron Technology, Inc. (Exact name of registrant as specified in its charter)   Delaware   1-10658   75-1618004 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   8000 South Federal Way Boise , Idaho 83716-9632   (Address of principal executive offices and Zip Code)     ( 208 ) 368-4000   (Registrant’s telephone number, including area code)     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, par value $0.10 per share   MU   Nasdaq Global Select Market   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 March 12, 2025 (the “Closing Date”), Micron Technology, Inc. (the “Company”) entered into a revolving credit agreement and terminated its existing revolving credit agreement, as described below.   Revolving Credit Agreement   On the Closing Date, the Company entered into a Credit Agreement with HSBC Bank USA, N.A., as Administrative Agen