Broadcom Inc. Terminates Material Definitive Agreement
Ticker: AVGO · Form: 8-K · Filed: 2025-07-11T00:00:00.000Z
Sentiment: neutral
Topics: agreement-termination, material-event
Related Tickers: AVGO
TL;DR
Broadcom terminated a big deal, filing an 8-K on July 11, 2025.
AI Summary
On July 11, 2025, Broadcom Inc. filed an 8-K to report the termination of a material definitive agreement. The filing also includes information on other events and financial statements/exhibits.
Why It Matters
The termination of a material definitive agreement could impact Broadcom's ongoing business operations, partnerships, or financial commitments.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement can signal significant changes in business strategy, partnerships, or financial obligations, warranting closer scrutiny.
Key Players & Entities
- Broadcom Inc. (company) — Registrant
- July 11, 2025 (date) — Date of Report
FAQ
What specific material definitive agreement was terminated by Broadcom Inc.?
The filing does not specify the exact material definitive agreement that was terminated, only that such a termination occurred.
What is the effective date of the termination of the material definitive agreement?
The filing indicates the date of the report is July 11, 2025, and the date as of change is also July 11, 2025, suggesting the termination is effective on or around this date.
Are there any financial implications disclosed regarding the termination?
The filing mentions 'Financial Statements and Exhibits' but does not provide specific financial details related to the termination in the provided text.
Does the 8-K filing indicate any other significant events besides the agreement termination?
Yes, the filing explicitly lists 'Other Events' and 'Financial Statements and Exhibits' as items being reported in addition to the termination of a material definitive agreement.
What is Broadcom Inc.'s principal executive office address?
Broadcom Inc.'s principal executive offices are located at 3421 Hillview Avenue, Palo Alto, California 94304.
From the Filing
0001193125-25-158202.txt : 20250711 0001193125-25-158202.hdr.sgml : 20250711 20250711161459 ACCESSION NUMBER: 0001193125-25-158202 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20250711 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250711 DATE AS OF CHANGE: 20250711 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Broadcom Inc. CENTRAL INDEX KEY: 0001730168 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 352617337 FISCAL YEAR END: 1102 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38449 FILM NUMBER: 251119143 BUSINESS ADDRESS: STREET 1: 3421 HILLVIEW AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 650-427-6000 MAIL ADDRESS: STREET 1: 3421 HILLVIEW AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 FORMER COMPANY: FORMER CONFORMED NAME: Broadcom Ltd DATE OF NAME CHANGE: 20180201 8-K 1 d89787d8k.htm 8-K 8-K false 0001730168 0001730168 2025-07-11 2025-07-11     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): July 11, 2025     Broadcom Inc. (Exact Name of Registrant as Specified in Charter)       Delaware   001-38449   35-2617337 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   3421 Hillview Avenue Palo Alto , California 94304 (Address of principal executive offices including zip code) (650) 427-6000 (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:   ☐ 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, $0.001 par value   AVGO   The 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 1.02 Termination of a Material Definitive Agreement. On July 11, 2025, Broadcom Inc. (the “Company”) repaid all outstanding obligations under the credit agreement, dated as of August 15, 2023 (as previously amended, supplemented or modified, the “Existing Credit Agreement”), among the Company, the lenders named therein, Bank of America, N.A., as administrative agent, and the other parties from time to time party thereto. The Existing Credit Agreement originally provided for a $30.4 billion term loan credit facility. The Company had an aggregate principal amount of $6.0 billion of term loans outstanding under the Existing Credit