Business Context and Reporting Period
Company: Universal Display Corp
Filing Type: Form 8-K (Current Report)
Report Date: September 27, 2011
Event Date: September 22, 2011
Context: The company reported the entry into a material definitive agreement regarding OLED materials supply.
Key Financial Metrics
This filing does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data. It is a current report focused on a specific corporate event rather than periodic financial performance.
Material Changes
- Agreement Update: Entered into an Amended and Restated OLED Materials Supply and Service Agreement with PPG Industries, Inc.
- Effective Date: The new agreement replaces the current agreement effective October 1, 2011.
- Term: The agreement runs through December 31, 2014.
- Terms: Provisions are substantially similar to the prior agreement.
Guidance, Outlook, and Risks
The filing does not provide financial guidance, management commentary on future outlook, specific risk factors, or contingencies beyond the execution of the supply agreement.
Investor Verification Checklist
- Verify the specific terms of the "substantially similar" provisions in the new PPG Industries agreement compared to the prior version.
- Confirm the impact of the October 1, 2011 effective date on Q4 2011 revenue recognition.
- Review subsequent filings for any amendments to the agreement term ending December 31, 2014.