Eastern Co. Files 8-K: Material Agreement and Financial Obligations
Ticker: EML · Form: 8-K · Filed: Apr 9, 2025 · CIK: 31107
Sentiment: neutral
Topics: material-agreement, financial-obligation, 8-k
TL;DR
Eastern Co. signed a big deal and took on new financial obligations, filing an 8-K on April 4, 2025.
AI Summary
On April 4, 2025, The Eastern Company entered into a material definitive agreement. This filing also indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement for the registrant. The report includes financial statements and exhibits.
Why It Matters
This 8-K filing signals a significant new agreement and potential financial commitments for The Eastern Company, which could impact its financial health and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements and creating financial obligations can introduce new risks related to performance, debt, and market conditions.
Key Players & Entities
- The Eastern Company (company) — Registrant
- April 4, 2025 (date) — Date of earliest event reported
- Connecticut (jurisdiction) — State of incorporation
- 001-35383 (identifier) — Commission File Number
- 06-0330020 (identifier) — IRS Employer Identification No.
- 3 Enterprise Drive, Suite 408, Shelton, Connecticut 06484 (address) — Principal executive offices
- 203-729-2255 (phone_number) — Registrant's telephone number
FAQ
What type of material definitive agreement did The Eastern Company enter into?
The filing does not specify the exact nature of the material definitive agreement, only that one was entered into on April 4, 2025.
What are the details of the financial obligation created by The Eastern Company?
The filing states that a direct financial obligation or an obligation under an off-balance sheet arrangement was created, but specific details are not provided in this summary.
When was this 8-K filing submitted?
The filing was submitted on April 9, 2025, with the earliest event reported being April 4, 2025.
What is The Eastern Company's principal executive office address?
The Eastern Company's principal executive offices are located at 3 Enterprise Drive, Suite 408, Shelton, Connecticut 06484.
What is the SIC code for The Eastern Company?
The Standard Industrial Classification (SIC) code for The Eastern Company is 3420, which corresponds to CUTLERY, HANDTOOLS & GENERAL HARDWARE.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 9, 2025 regarding EASTERN CO (EML).