Business Context and Reporting Period
This Form 8-K Current Report was filed by Upbound Group, Inc. (formerly Rent-A-Center, Inc.) on February 22, 2023. The report details a corporate name change and associated governance updates effective February 22, 2023.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported values for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
- Corporate Name Change: The Company's name was officially changed from Rent-A-Center, Inc. to Upbound Group, Inc., effective February 22, 2023.
- Bylaws Amendment: The Board of Directors approved an amendment and restatement of the Company's bylaws solely to reflect the new corporate name.
- Trading Symbol Update: The trading symbol on The Nasdaq Global Select Market will change from "RCII" to "UPBD" effective at the market open on February 27, 2023.
- CUSIP Number: The CUSIP number for the Company's common stock remains unchanged.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on operations, or discussion of risks and contingencies. The document is strictly procedural regarding the name change and bylaws amendment.
Investor Verification Checklist
- Verify the new trading symbol "UPBD" on trading platforms starting February 27, 2023.
- Confirm that the CUSIP number remains the same despite the name and symbol change.
- Review the attached Certificate of Amendment (Exhibit 3.1) and Amended and Restated Bylaws (Exhibit 3.2) for full legal details.
- Note that this filing does not include financial results; refer to the most recent 10-K or 10-Q for financial data.