Current Report Filing (8-k)
July 31 2020 - 08:44AM
Edgar (US Regulatory)
false 0001740332 0001740332 2020-07-28
2020-07-28
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): July 28, 2020
RESIDEO TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
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Delaware |
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001-38635 |
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82-5318796 |
(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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901 East 6th
Street
Austin, Texas
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78702 |
(Address of principal executive
offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (512)
726-3500
Registrant’s Former Name or Address, if changed since last report:
N/A
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):
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☐ |
Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425)
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
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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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☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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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).
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 each exchange
on which registered
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Common Stock, $0.001 Par
Value |
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REZI |
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New York Stock Exchange |
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 1.01 |
Entry into a Material Definitive Agreement
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On July 28, 2020, Resideo Intermediate Holding Inc.
(“Resideo
Intermediate”), a wholly-owned subsidiary of Resideo
Technologies, Inc. (the “Company” or “Resideo”), entered into a Second
Amendment to Indemnification and Reimbursement (the “Reimbursement Agreement
Amendment” and the underlying Indemnification and
Reimbursement Agreement, as amended, being referred to herein as
the “Reimbursement
Agreement”), dated as of October 14, 2018 between
Resideo Intermediate and Honeywell International Inc.
(“Honeywell”). Pursuant
to the Reimbursement Agreement Amendment, the parties agreed to
further defer until no later than October 30, 2020 the
$35 million quarterly payment that was originally due thirty
days following the start of the second fiscal quarter of 2020 and
was previously deferred until no later than July 30, 2020
pursuant to the First Amendment to the Reimbursement
Agreement. In connection with the execution of the
Reimbursement Agreement Amendment, Resideo Intermediate confirmed
that it would pay, no later than July 30, 2020, the
$35 million quarterly payment that is due thirty days
following the start of the third fiscal quarter of 2020. These
arrangements were agreed as part of the Company’s ongoing dialogue
with Honeywell.
The Reimbursement Agreement Amendment expressly reserves all rights
of the parties thereto and their respective affiliates in respect
of the Reimbursement Agreement and each other contract or agreement
between such parties or their affiliates (the “Other Agreements”), and provides
that the execution of such amendment does not constitute a waiver
of any claims, rights, remedies, defenses, arguments,
interpretations or obligations of such parties or their affiliates
under or related to the Reimbursement Agreement or any Other
Agreement.
The foregoing description of the Reimbursement Agreement Amendment
is qualified in its entirety by reference to the Reimbursement
Agreement Amendment, a copy of which is filed herewith as Exhibit
2.1 and is incorporated herein by reference.
Item 9.01 |
Financial Statements and Exhibits.
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(d) Exhibits
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SIGNATURE
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.
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RESIDEO TECHNOLOGIES, INC. |
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By: |
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/s/ Jeannine J. Lane
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Name: |
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Jeannine J. Lane |
Title: |
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Executive Vice President, General
Counsel, Corporate Secretary and Chief Compliance Officer |
Date: July 31, 2020
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