Current Report Filing (8-k)
February 28 2023 - 4:23PM
Edgar (US Regulatory)
0000865752
false
0000865752
2023-02-28
2023-02-28
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iso4217:USD
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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):
February 28, 2023
Monster Beverage Corporation
(Exact name of registrant as specified in
its charter)
Delaware
(State or other jurisdiction of incorporation)
001-18761 |
|
47-1809393 |
(Commission File Number) |
|
(IRS Employer Identification No.) |
1 Monster Way
Corona, California 92879
(Address of principal executive offices and zip code)
(951) 739 - 6200
(Registrant’s telephone number, including area code)
N/A
(Former name or former address, if changed
since last report)
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 |
|
MNST |
|
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 (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. ¨
Item 2.02. Results of Operations and Financial Condition.
On February 28, 2023, Monster Beverage Corporation
(the “Company”) issued a press release relating to its financial results for the fourth quarter and full-year ended December 31,
2022, a copy of which is furnished as Exhibit 99.1 hereto. The press release did not include certain financial statements, related
footnotes and certain other financial information that will be filed with the Securities and Exchange Commission as part of the Company’s
Annual Report on Form 10-K.
On
February 28, 2023, the Company will conduct a conference call at 2:00 p.m. Pacific Time. The conference call will be open to
all interested investors through a live audio web broadcast via the internet at www.monsterbevcorp.com in the “Events &
Presentations” section. For those who are not able to listen to the live broadcast, the call will be archived for approximately
one year on the website.
Item 8.01 Other Events
The Company today announced that its Board of Directors
has approved and declared a 2-for-1 split of its common stock that will be effected in the form of a 100% stock dividend. Each stockholder
of record on March 13, 2023 will receive a dividend of one additional share of common stock for each then-held share, to be distributed
after close of trading on March 27, 2023. The Company anticipates its common stock to begin trading at the split-adjusted price on
March 28, 2023. A copy of the press release is furnished as Exhibit 99.1 hereto.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit 104 |
The cover page from this Current Report on Form 8-K, formatted in iXBRL (Inline eXtensible Business Reporting Language). |
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.
|
|
Monster Beverage Corporation |
|
Date: February 28, 2023 |
/s/ Hilton H. Schlosberg |
|
Hilton H. Schlosberg |
|
Vice Chairman of the Board of Directors and Co-Chief Executive Officer |
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