Current Report Filing (8-k)
August 25 2021 - 1:44PM
Edgar (US Regulatory)
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2021-08-25
2021-08-25
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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):
August 25, 2021
STAGWELL INC.
(Exact name of Registrant as Specified in Its
Charter)
Delaware
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001-13718
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86-1390679
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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One World Trade Center, Floor 65, New York, NY 10007
(Address of principal
executive offices and zip code)
(646) 429-1800
(Registrant’s Telephone Number)
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:
¨
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
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Trading symbol(s)
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Name of each exchange on which registered
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Class A Subordinate Voting Shares, $0.001 par value
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STGW
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NASDAQ
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the
Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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. ¨
On August 25, 2021, Stagwell Inc. issued a press release announcing
a proposed offering by its subsidiary, Midas OpCo Holdings LLC (the “Issuer”), of an additional $50 million of the
Issuer’s 5.625% senior unsecured notes due 2029 (the “New Notes”). The Issuer previously issued $1 billion of
its 5.625% senior unsecured notes due 2029 on August 20, 2021 (the “Original Notes”). The New Notes will be issued
under the indenture governing the Original Notes and will be treated as a single series with the Original Notes for all purposes under
the indenture. The New Notes have not, and will not be, registered under the Securities Act of 1933, as amended (the “Securities
Act”) or any state securities laws. The New Notes may not be offered or sold in the United States or to, or for the benefit of,
U.S. persons absent registration under, or an applicable exemption from, the registration requirements of the Securities Act and applicable
state securities laws. A copy of this press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01
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Financial Statements and Exhibits.
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(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: August 25, 2021
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STAGWELL INC.
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By:
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/s/ Frank Lanuto
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Frank Lanuto
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Chief Financial Officer
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