Magnite Files 8-K for Material Agreement

TL;DR

Magnite signed a big deal, filing an 8-K on 3/18/25.

AI Summary

Magnite, Inc. filed an 8-K on March 18, 2025, to report the entry into a material definitive agreement. The filing also includes Regulation FD disclosures and financial statements/exhibits. Magnite, formerly known as Rubicon Project, Inc., is incorporated in Delaware and headquartered in New York.

Why It Matters

This filing indicates a significant new contract or partnership for Magnite, which could impact its future revenue and strategic direction.

Risk Assessment

Risk Level: medium — The filing itself is routine, but the 'material definitive agreement' could represent a significant shift or commitment for the company, the details of which are not fully disclosed in this summary.

Key Numbers

• 001-36384 — SEC File Number (Magnite's SEC filing identifier)
• 20-8881738 — IRS Employer Identification No. (Magnite's tax identification number)

Key Players & Entities

• MAGNITE, INC. (company) — Registrant
• RUBICON PROJECT, INC. (company) — Former company name
• 20250318 (date) — Date of Report
• 1250 Broadway, 15th Floor New York, New York 10001 (location) — Principal executive offices

FAQ

From the Filing

0001193125-25-056671.txt : 20250318 0001193125-25-056671.hdr.sgml : 20250318 20250318161404 ACCESSION NUMBER: 0001193125-25-056671 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250318 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250318 DATE AS OF CHANGE: 20250318 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MAGNITE, INC. CENTRAL INDEX KEY: 0001595974 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 208881738 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-36384 FILM NUMBER: 25748468 BUSINESS ADDRESS: STREET 1: 1250 BROADWAY STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 BUSINESS PHONE: 212-243-2769 MAIL ADDRESS: STREET 1: 1250 BROADWAY STREET 2: 15TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10001 FORMER COMPANY: FORMER CONFORMED NAME: RUBICON PROJECT, INC. DATE OF NAME CHANGE: 20140106 8-K 1 d942988d8k.htm 8-K 8-K false 0001595974 0001595974 2025-03-18 2025-03-18     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 18, 2025 Date of Report (Date of earliest event reported)     MAGNITE, INC. (Exact name of registrant as specified in its charter)       Delaware   001-36384   20-8881738 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.)   1250 Broadway , 15th Floor New York , New York 10001 (Address of principal executive offices, including zip code) (212) 243-2769 (Registrant’s telephone number, including area code) 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:     ☐ 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 $0.00001 per share   MGNI   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 18, 2025, Magnite, Inc. (the “ Company ”), a Delaware corporation, entered into that certain Amendment No. 2 (“ Amendment No.  2 ”) to that certain Credit Agreement, dated February 6, 2024, by and among the Company, Morgan Stanley Senior Funding, Inc., as the term facility administrative agent, and Citibank, N.A., as revolving facility a