0001674101FALSE00016741012024-03-072024-03-07
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| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C. 20549 |
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FORM 8-K |
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| CURRENT REPORT |
| PURSUANT TO SECTION 13 OR 15(d) OF THE |
| SECURITIES EXCHANGE ACT OF 1934 |
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Date of Report (Date of earliest event reported): March 7, 2024 |
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| VERTIV HOLDINGS CO |
| Exact name of registrant as specified in its charter |
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| Delaware |
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001-38518 |
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81-2376902 |
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(Commission File Number) |
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(IRS Employer Identification Number) |
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505 N. Cleveland Ave, Westerville, Ohio 43082 |
| (Address of principal executive offices, including zip code) |
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Registrant's telephone number, including area code: 614-888-0246 |
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| Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: |
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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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| 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 |
| Class A common stock, $0.0001 par value per share |
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VRT |
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New York Stock Exchange |
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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). |
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Emerging growth company |
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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. ☐ |
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Item 8.01 Other Events
On March 7, 2024, Vertiv Holdings Co, a Delaware corporation (the “Company”), issued a press release announcing that its Board of Directors has declared a quarterly cash dividend of $0.025 per share of Class A common stock. The dividend is payable to the Company’s stockholders of record as of the close of business on March 19, 2024, and is expected to be paid on March 28, 2024. A copy of the press release is attached to this report on Exhibit 99.1.
Item 9.01 (d) Financial Statements and Exhibits
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| Exhibit No. |
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Exhibit Description |
| 99.1 |
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| 104 |
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Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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| Date: March 7, 2024 |
Vertiv Holdings Co |
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/s/ David Fallon |
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Name: David Fallon |
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Title: Chief Financial Officer |
EX-99.1
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exhibit991vrt-q12024divide.htm
EX-99.1 Q1 2024 QUARTERLY DIVIDEND
Document
Vertiv Declares Quarterly Dividend
COLUMBUS, Ohio (March 7, 2024) – Vertiv (NYSE: VRT), a global provider of critical digital infrastructure and continuity solutions, today announced that its Board of Directors has declared a quarterly cash dividend of $0.025 per share of the company’s Class A common stock. The cash dividend will be payable on March 28, 2024, to shareholders of record of Class A common stock at the close of business on March 19, 2024.
About Vertiv
Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to enable its customers’ vital applications to run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Westerville, Ohio, USA, Vertiv does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.
Contacts
For investor inquiries:
Lynne Maxeiner
Vice President, Global Treasury & Investor Relations
Vertiv
T +1 614-841-6776
E: lynne.maxeiner@vertiv.com
For media inquiries:
Sara Steindorf
FleishmanHillard for Vertiv
E: sara.steindorf@fleishman.com
Source: Vertiv Holdings Co
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