Business Context and Reporting Period
This Form 8-K Current Report is filed by CB Richard Ellis Group, Inc. (CBRE) for the reporting period of August 1, 2005. The filing addresses a material definitive agreement regarding the company's securityholders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a corporate governance agreement and does not contain financial performance data.
Material Changes
On August 1, 2005, the Company executed an amendment and waiver to the Securityholders' Agreement dated July 20, 2001. The key changes include:
- Modification of registration rights to permit the "Blum Holders" (Blum Strategic Partners, L.P., Blum Strategic Partners II, L.P., and Blum Strategic Partners II GMBH & Co. KG) to request a shelf registration statement.
- This shelf registration allows for the resale from time to time of Company shares owned by the Blum Holders and certain other shareholders.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. No specific risks or contingencies are detailed beyond the execution of the amendment. The agreement involves significant corporate insiders, including directors Richard C. Blum, Jeffrey A. Cozad, Frederic V. Malek, Raymond S. Wirta, and CEO Brett White.
Investor Verification Checklist
- Verify the terms of the attached Exhibit 4.1 (Third Amendment and Waiver to Securityholders' Agreement).
- Confirm the specific volume of shares held by the Blum Holders eligible for the new shelf registration.
- Review the original Securityholders' Agreement dated July 20, 2001, to understand the baseline rights being modified.