RBC Bearings Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by RBC Bearings Incorporated on September 14, 2022. The report addresses a corporate action regarding the transfer of the listing of the Company's securities.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a listing transfer and does not contain financial performance data.
Material Changes
The primary material change reported is the voluntary transfer of the listing for the Company's Common Stock and 5.00% Series A Mandatory Convertible Preferred Stock from The Nasdaq Global Select Market to the New York Stock Exchange (NYSE).
- Previous Listing: Nasdaq Global Select Market (Ticker: ROLL, ROLLP).
- New Listing: New York Stock Exchange (Ticker: RBC, RBCP).
- Effective Date: Trading on the NYSE is expected to begin on Monday, September 26, 2022.
- Transition Period: Securities are expected to continue trading on Nasdaq until the close of the market on Friday, September 23, 2022.
Guidance, Outlook, and Risks
The filing does not contain management commentary on financial guidance, outlook, risks, contingencies, or unusual items. The transfer of listing was previously approved by the Company's Board of Directors.
Investor Verification Checklist
- Verify the new ticker symbols (RBC and RBCP) on the NYSE.
- Confirm the trading schedule transition between September 23 and September 26, 2022.
- Review the Company's most recent 10-Q or 10-K for financial performance data not included in this 8-K.