Business Context and Reporting Period
This Form 8-K Current Report was filed by Garmin Ltd. on November 23, 2021. The filing addresses a corporate governance action regarding the transfer of the company's principal stock listing.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The primary material event reported is the voluntary transfer of the listing of Garmin's Registered Shares (Ticker: GRMN) from the Nasdaq Global Select Market to the New York Stock Exchange (NYSE).
- Effective Date of Withdrawal from Nasdaq: Close of trading on December 6, 2021.
- Commencement of Trading on NYSE: December 7, 2021.
- Ticker Symbol: The shares will continue to trade under the symbol "GRMN" on the NYSE.
Guidance, Outlook, and Management Commentary
Management commentary is limited to the announcement of the listing transfer. The Board of Directors authorized the move, and the company expects the transition to occur as scheduled. No financial guidance, risk factors, or contingencies related to operations were disclosed in this specific filing.
Investor Verification Checklist
- Confirm the trading date change from Nasdaq to NYSE on December 7, 2021.
- Verify that the ticker symbol remains "GRMN" post-transfer.
- Review the attached press release (Exhibit 99.1) for any additional context on the strategic rationale for the exchange transfer.