Business Context and Reporting Period
Company: TTM Technologies, Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 1, 2022
Reporting Period: Single event date (March 1, 2022)
This filing discloses a material corporate event regarding the Company's expansion plans in Malaysia. It does not represent a periodic financial report (e.g., 10-K or 10-Q).
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 strategic operational agreement rather than financial performance results.
Material Changes and Events
- Agreement to Build and Sublease: On March 1, 2022, the Company entered into an agreement to develop a new manufacturing facility in Penang, Malaysia.
- Regulation FD Disclosure: The announcement was made via a press release (Exhibit 99.1) to ensure fair disclosure to the market.
Guidance, Outlook, and Risks
Forward-Looking Statements: The filing contains predictions regarding the development of the new facility. Management cautions that actual events or results may differ materially from these expectations.
Risks and Uncertainties: The Company notes that various factors beyond its control could cause actual results to differ from forward-looking statements. Investors are directed to the "Risk Factors" and "Management's Discussion and Analysis" sections of other public SEC filings for a detailed description of these risks.
Investor Verification Checklist
- Review Exhibit 99.1 (Press Release) for specific terms of the Build and Sublease agreement in Penang, Malaysia.
- Verify the projected timeline and capital expenditure requirements for the new facility in subsequent filings.
- Consult the most recent 10-K or 10-Q for current financial health metrics (liquidity, debt) to assess the Company's capacity to fund this expansion.
- Monitor future updates regarding the status of the Malaysia facility construction.