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Finance: What is an 8k? 3 Views
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Description:
What is an 8k? An 8k is a report filed by a company that reports any big changes to the company. Usually these changes are things like new acquisitions or changes in high-ranking employees or board members.
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Transcript
- 00:00
Finance a la shmoop... what is an 8K... K filing and no it's not a TV pipe size [Person watching Orange is the New Black]
- 00:09
nor a race it's just a filing a legal filing in a public company you have to
- 00:14
file an 8K when anything significant happens and you have to file it within
- 00:20
four days of when the event occurred so what's significant well that's things
- 00:25
like discovery of fraud or of a sexual harassment lawsuit that was filed or a [Examples of reasons for filing an 8K]
Full Transcript
- 00:30
CEO resigning or a big company layoff or a big move out of California for half
- 00:37
the employees to save taxes or if the company gets quired by Kim Jung-Un
- 00:41
enterprises.....That's an 8k you file it
- 00:46
when something happens yeah not like this guy don't need to file when the [Man painting a lobby pink]
- 00:50
lobby is painted no matter what the new color does to anger visitors...
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