Business Context and Reporting Period
Company: Cooper-Standard Holdings Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: April 26, 2013
Reporting Period: Preliminary unaudited results for the quarter ended March 31, 2013.
The filing announces preliminary quarterly results in connection with a previously announced cash tender offer for up to 4,651,162 shares of common stock at $43.00 per share. Full quarterly financial results are scheduled for release on or about May 8, 2013.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity for the quarter ended March 31, 2013. These figures are contained in the attached press release (Exhibit 99.1) and the upcoming full financial release.
Known Transaction Details:
- Tender Offer Price: $43.00 per share
- Shares Subject to Offer: Up to 4,651,162 shares
Material Changes and Guidance
The Company updated its previously issued full-year guidance for 2013 in the accompanying press release. The filing text does not specify the numerical details of this updated guidance or the specific material changes in financial condition compared to the prior period.
Management Commentary and Risks
Management Action: The Company is releasing preliminary results to coincide with the cash tender offer process.
Legal Disclaimer: Information furnished pursuant to Item 2.02 and Exhibit 99.1 is not deemed "filed" under Section 18 of the Exchange Act and is not incorporated by reference into other filings.
Investor Verification Checklist
- Verify the specific preliminary revenue and earnings figures in the attached press release (Exhibit 99.1).
- Confirm the updated full-year 2013 guidance numbers provided in the press release.
- Monitor the final audited results expected on or about May 8, 2013.
- Review the status and acceptance rates of the cash tender offer for 4,651,162 shares at $43.00.