10-K: Dell Technologies Extends Shelf Registration Filing Deadline to June 30, 2024
Legal Agreement
Dell Technologies and Silver Lake Partners agree to extend the deadline for filing a shelf registration statement to June 30, 2024.
Summary
- Dell Technologies and SLP Stockholders have agreed to extend the Shelf Registration Filing Deadline to June 30, 2024.
- This extension is made under Section 2.1(a) of the Second Amended and Restated Registration Rights Agreement.
- The original Shelf Registration Filing Deadline was December 31, 2020, but could be extended with written consent.
- The extension is effective as of April 30, 2024.
- All other terms and conditions of the Registration Rights Agreement remain unchanged.
Sentiment
Score: 6
Explanation: The document is neutral in tone, representing a procedural agreement between Dell and its investors. It doesn't convey strong positive or negative sentiment.
Positives
- The extension provides Dell Technologies with additional time to prepare the Shelf Registration Statement.
Future Outlook
The document does not contain any specific forward-looking statements regarding financial performance, but it does indicate that Dell Technologies intends to file a Shelf Registration Statement by June 30, 2024.
Industry Context
Shelf registrations are a common practice for publicly traded companies to register securities for future sale, providing flexibility in accessing capital markets.
Stakeholder Impact
- The extension of the filing deadline may impact the timing of potential future offerings of Dell Technologies securities, affecting shareholders and potential investors.
Next Steps
- Dell Technologies is expected to file a Shelf Registration Statement with the SEC on or before June 30, 2024.
Key Dates
| Date | Description |
|---|---|
| 2018-12-25 | Date of the Second Amended and Restated Registration Rights Agreement |
| 2019-05-27 | Date of Amendment No. 1 to the Registration Rights Agreement |
| 2020-04-15 | Date of Amendment No. 2 to the Registration Rights Agreement |
| 2020-09-15 | Date of Amendment No. 3 to the Registration Rights Agreement |
| 2020-12-31 | Original Shelf Registration Filing Deadline |
| 2024-04-30 | Effective date of the extension |
| 2024-05-20 | Date of the Consent to Extension |
| 2024-06-30 | New Shelf Registration Filing Deadline |
| 2024-12-05 | Date of the Consent to Extension |
Keywords
Shelf Registration Statement, Registration Rights Agreement, Silver Lake Partners, Dell Technologies, Extension, Securities
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