Knowles Corporation Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Knowles Corporation on December 23, 2019, reporting an event that occurred on December 20, 2019. The filing serves as a Regulation FD disclosure regarding a strategic acquisition.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses on a corporate transaction rather than periodic financial performance results.
Material Changes
On December 23, 2019, Knowles Corporation announced the acquisition of MEMS microphone ASIC design assets from ams AG. This transaction represents a material change in the company's asset portfolio and technology capabilities.
Guidance, Outlook, and Risks
The filing includes a press release (Exhibit 99.1) detailing the acquisition but does not contain updated financial guidance, management outlook, or specific risk factors within the body of this 8-K. The disclosure explicitly states that the information is not deemed "filed" for purposes of Section 18 of the Exchange Act and is not incorporated by reference except as expressly set forth.
Investor Verification Checklist
- Verify the full terms of the acquisition agreement with ams AG, including purchase price and closing conditions, in the referenced press release (Exhibit 99.1).
- Confirm the strategic rationale for acquiring MEMS microphone ASIC design assets and its impact on the company's product roadmap.
- Review subsequent filings for any financial impact or integration updates related to this transaction.