Materion Corp Enters Material Definitive Agreement
Ticker: MTRN · Form: 8-K · Filed: 2025-08-21T00:00:00.000Z
Sentiment: neutral
Topics: definitive-agreement, corporate-action
TL;DR
Materion just signed a big deal, filing an 8-K for a material definitive agreement.
AI Summary
Materion Corporation announced on August 20, 2025, that it has entered into a material definitive agreement. The company, formerly known as Brush Engineered Materials Inc., is incorporated in Ohio and headquartered in Mayfield Heights, Ohio. This filing is a current report under Section 13 or 15(d) of the Securities Exchange Act of 1934.
Why It Matters
This filing indicates a significant new contract or partnership for Materion, which could impact its future revenue and operations.
Risk Assessment
Risk Level: medium — Entering into a material definitive agreement can carry significant financial and operational risks depending on the nature of the agreement.
Key Players & Entities
- Materion Corporation (company) — Registrant
- Brush Engineered Materials Inc. (company) — Former company name
- Ohio (location) — State of incorporation
- Mayfield Heights, Ohio (location) — Principal executive offices
- August 20, 2025 (date) — Date of earliest event reported
FAQ
What is the nature of the material definitive agreement Materion Corporation entered into?
The filing does not specify the details of the material definitive agreement, only that one has been entered into as of August 20, 2025.
When was Materion Corporation incorporated and where are its principal executive offices located?
Materion Corporation was incorporated in Ohio and its principal executive offices are located at 6070 Parkland Blvd., Mayfield Hts., Ohio 44124.
What was Materion Corporation's former company name?
Materion Corporation's former company name was Brush Engineered Materials Inc.
What is the filing date for this Form 8-K?
This Form 8-K was filed as of August 21, 2025, reporting an event on August 20, 2025.
Under which section of the Securities Exchange Act is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 536 words · 2 min read · ~2 pages · Grade level 11.2 · Accepted 2025-08-21 16:17:22
Key Financial Figures
- $150.0 million — t facility, with a consignment limit of $150.0 million. The Amendment is filed as Exhibit 10
Filing Documents
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- 0001104657-25-000164.txt ( ) — 23590KB
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01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 20, 2025, Materion Corporation (the "Company") and certain of its subsidiaries entered into an amendment (the "Amendment") to their Amended and Restated Precious Metals Consignment Agreement governing their U.S. consignment facility (the "Consignment Facility") with Bank of Montreal ("BMO"). Among other things, the Amendment extends the maturity date of the Consignment Facility from August 31, 2025 to August 31, 2028. The Consignment Facility is the Company's largest precious metals consignment facility, with a consignment limit of $150.0 million. The Amendment is filed as Exhibit 10.1 to this Current Report on Form 8-K. The foregoing description of the Amendment is qualified in its entirety by reference to the full text of the Amendment, which is incorporated herein by reference.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. Exhibits. Exhibit Number Description of Exhibit 10.1* Amendment No. 2 to Amended and Restated Metals Consignment Agreement, dated as of August 20, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) * Portions of this exhibit have been omitted, which portions will be furnished to the Securities and Exchange Commission upon request.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Materion Corporation August 21, 2025 By: /s/ Melissa A. Fashinpaur Melissa A. Fashinpaur Chief Accounting Officer