Current Reports: Form 8-K
Public companies must report certain important “current information” on Form 8-K. Unlike the quarterly and annual reports described previously, which must be filed regularly and which must include specific content, a company files an 8-K only when it has a material event to report to shareholders. The instructions for Form 8-K specify more than two dozen material events that must be reported. The following are the “triggering events” that are most relevant to investment bankers:
- • Entry into, or termination of, a “material definitive agreement”
- • Bankruptcy or receivership
- • Completion of acquisition or disposition of assets
- • Disclosure of results of operations and financial condition
- • The creation, acceleration, or increase in amount of a direct financial obligation or obligation under an off-balance sheet arrangement
- • Material impairments
- • Notice of delisting or transfer of listing
- • Material mo