SanDisk Corp Corrects Share Count in 10-Q Filing
Ticker: SNDK · Form: 10-Q/A · Filed: Mar 17, 2025 · CIK: 2023554
Sentiment: neutral
Topics: amendment, shares-outstanding, correction
Related Tickers: SNDK
TL;DR
Sandisk 10-Q amended: share count fixed from 114M to 144M. Minor typo fix too.
AI Summary
SanDisk Corp filed an Amendment No. 1 to its Form 10-Q for the quarter ended December 27, 2024. The amendment corrects an error in the number of outstanding shares on the cover page, changing it from 114,863,251 to 144,863,251, and also fixes a typographical error in Exhibit 31.2. No other disclosures from the original March 7, 2025 filing were modified.
Why It Matters
This amendment clarifies the accurate number of outstanding shares, which is crucial for investors assessing ownership and potential dilution.
Risk Assessment
Risk Level: low — The filing is an amendment to correct minor errors and does not introduce new material information or risks.
Key Numbers
- 144,863,251 — Shares Outstanding (Corrected number of shares outstanding as of December 27, 2024)
- 114,863,251 — Incorrect Shares Outstanding (Original reported number of shares outstanding before correction)
Key Players & Entities
- Sandisk Corp (company) — Filer of the 10-Q/A amendment
- 114,863,251 (dollar_amount) — Original incorrect number of shares outstanding
- 144,863,251 (dollar_amount) — Corrected number of shares outstanding
- December 27, 2024 (date) — End of the fiscal quarter reported
- March 7, 2025 (date) — Original filing date of the Form 10-Q
FAQ
What specific errors are being corrected in this 10-Q/A filing?
The filing corrects an error in the number of shares outstanding on the cover page from 114,863,251 to 144,863,251, and a typographical error in Exhibit 31.2.
What is the reporting period for the Form 10-Q being amended?
The reporting period is the quarter ended December 27, 2024.
When was the original Form 10-Q filed?
The original Form 10-Q was filed on March 7, 2025.
Does this amendment update any disclosures made in the original Form 10-Q beyond the corrections?
No, the filing explicitly states that no other changes have been made and it does not modify or update in any way disclosures made in the original Form 10-Q, except as noted.
What is the corrected number of shares outstanding as of December 27, 2024?
The corrected number of shares outstanding is 144,863,251.
Filing Details
This Form 10-Q/A (Form 10-Q/A) was filed with the SEC on March 17, 2025 regarding Sandisk Corp (SNDK).