Business Context and Reporting Period
Company: Gogo Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 9, 2016
Event: Commencement of an offering of senior secured notes by Gogo Intermediate Holdings LLC and Gogo Finance Co. Inc., wholly-owned subsidiaries of Gogo Inc.
Key Financial Metrics
This filing is a current report regarding a corporate event and does not contain financial statements. Consequently, specific values for revenue, profit, cash flow, margins, debt, and liquidity are not provided in this document.
Material Changes
The material change reported is the initiation of a private placement of senior secured notes. The offering is being conducted in transactions exempt from registration under the Securities Act of 1933.
Guidance, Outlook, and Risks
- Offering Status: The Notes have not been registered under the Securities Act or the securities laws of any other jurisdiction.
- Restrictions: The Notes may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.
- Disclaimer: This report does not constitute an offer to sell or a solicitation of an offer to buy the Notes.
Investor Verification Checklist
- Verify the specific terms, interest rate, and maturity of the senior secured notes in the accompanying press release (Exhibit 99.1).
- Confirm the total aggregate principal amount of the notes being offered.
- Review the use of proceeds for the capital raised from this offering.
- Check subsequent filings for the completion status of the offering and any updated debt covenants.