Current Report Filing (8-k)
May 25 2023 - 04:25PM
Edgar (US Regulatory)
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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): May 24, 2023
QURATE RETAIL, INC.
(Exact name of registrant as
specified in its charter)
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Delaware
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001-33982
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84-1288730
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(State or other jurisdiction
of
incorporation or
organization)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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12300 Liberty Blvd.
Englewood, Colorado
80112
(Address of principal executive
offices and zip code)
Registrant's telephone number, including area code: (720) 875-5300
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 (see General Instruction A.2.
below):
☐ 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:
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Title of each class
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Trading Symbol(s)
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Name of exchange on which registered
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Series A common stock
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QRTEA
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The Nasdaq Stock Market LLC
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Series B common stock
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QRTEB
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The Nasdaq Stock Market LLC
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8.0% Series A
Cumulative Redeemable Preferred Stock
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QRTEP
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The Nasdaq Stock
Market LLC
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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
(§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 7.01. Regulation FD
Disclosure.
On May 24, 2023, Qurate Retail, Inc. (the “Company”) announced that
Regent, a Los Angeles-based investment firm, has acquired Zulily,
LLC (“Zulily”), a wholly owned subsidiary of the Company. In
connection with the transaction, Zulily will no longer be a
co-borrower in QVC, Inc.’s bank credit facility and the Company
repaid Zulily’s outstanding borrowing, which was approximately $80
million as of closing.
This Current Report on Form 8-K and the press release attached
hereto as Exhibit 99.1 are being furnished to the Securities and
Exchange Commission under Item 7.01 of Form 8-K in satisfaction of
the public disclosure requirements of Regulation FD and shall not
be deemed "filed" for any purpose.
Item 9.01. Financial Statements
and Exhibits.
(d) Exhibits
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the registrant has duly caused this report to be
signed on its behalf by the undersigned hereunto duly
authorized.
Date: May 25, 2023
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QURATE RETAIL, INC.
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By:
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/s/ Wade Haufschild
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Name: Wade Haufschild
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Title: Senior Vice
President
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Qurate Retail (NASDAQ:QRTEA)
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