Douglas Dynamics Enters New Credit Agreement

Ticker: PLOW · Form: 8-K · Filed: 2025-03-28T00:00:00.000Z

Sentiment: neutral

Topics: debt, financing, credit-agreement

Related Tickers: DD

TL;DR

DD secured a new credit agreement on 3/26, likely impacting debt structure.

AI Summary

On March 26, 2025, Douglas Dynamics, Inc. entered into a material definitive agreement, specifically a credit agreement. This agreement creates a direct financial obligation for the registrant, indicating new or modified debt financing. The filing also includes financial statements and exhibits related to this transaction.

Why It Matters

This filing indicates Douglas Dynamics has secured new or modified debt financing, which could impact its capital structure and future investment capabilities.

Risk Assessment

Risk Level: medium — Entering into new credit agreements can introduce financial obligations and alter a company's leverage, requiring careful monitoring.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement entered into by Douglas Dynamics, Inc. on March 26, 2025?

Douglas Dynamics, Inc. entered into a credit agreement on March 26, 2025.

What is the significance of the credit agreement for Douglas Dynamics, Inc.?

The credit agreement creates a direct financial obligation for the registrant.

What other items are included in this 8-K filing?

The filing includes financial statements and exhibits related to the credit agreement.

What is the state of incorporation for Douglas Dynamics, Inc.?

Douglas Dynamics, Inc. is incorporated in Delaware.

What is the IRS Employer Identification Number (EIN) for Douglas Dynamics, Inc.?

The IRS Employer Identification Number for Douglas Dynamics, Inc. is 13-4275891.

From the Filing

0001437749-25-009834.txt : 20250328 0001437749-25-009834.hdr.sgml : 20250328 20250328160142 ACCESSION NUMBER: 0001437749-25-009834 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250326 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: 20250328 DATE AS OF CHANGE: 20250328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOUGLAS DYNAMICS, INC CENTRAL INDEX KEY: 0001287213 STANDARD INDUSTRIAL CLASSIFICATION: CONSTRUCTION MACHINERY & EQUIP [3531] ORGANIZATION NAME: 06 Technology EIN: 134275891 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34728 FILM NUMBER: 25785815 BUSINESS ADDRESS: STREET 1: 11270 W. PARK PLACE SUITE 300 CITY: MILWAUKEE STATE: WI ZIP: 53224 BUSINESS PHONE: 414-362-3940 MAIL ADDRESS: STREET 1: 11270 W. PARK PLACE SUITE 300 CITY: MILWAUKEE STATE: WI ZIP: 53224 FORMER COMPANY: FORMER CONFORMED NAME: DOUGLAS DYNAMICS HOLDINGS INC DATE OF NAME CHANGE: 20040415 8-K 1 plow20250327_8k.htm FORM 8-K plow20250327_8k.htm false 0001287213 0001287213 2025-03-26 2025-03-26   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):  March 26, 2025                              DOUGLAS DYNAMICS, INC. (Exact name of registrant as specified in its charter)       Delaware    001-34728     13-4275891 (State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)   11270 W Park Place Ste 300 , Milwaukee , Wisconsin 53224    (Address of principal executive offices, including zip code)                ( 414 ) 354-2310             (Registrant’s telephone number, including area code)               Not Applicable            (Former name or former address, if changed since last report)     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 $.01 per share PLOW New York Stock Exchange   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))   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. ☐     &#1

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