Universal Display Corp. 8-K Summary
Business Context and Reporting Period
Universal Display Corporation (Universal Display) filed this Form 8-K on November 24, 2008, reporting an event that occurred on November 21, 2008. The company is incorporated in Pennsylvania and operates from Ewing, NJ.
Key Financial Metrics
This filing is a Current Report regarding a material definitive agreement and does not contain financial statements, revenue, profit, cash flow, margin, debt, or liquidity data.
Material Changes
On November 21, 2008, the company renewed its Commercial Supply Agreement with LG Display Co., Ltd. (LGD). The renewal is effective retroactively from June 30, 2008, the date the previous agreement expired. The new term extends through June 30, 2009.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies beyond the execution of the supply agreement renewal.
Investor Verification Checklist
- Verify the specific terms and volume commitments within the renewed Commercial Supply Agreement with LGD.
- Confirm the financial impact of the retroactive effective date (June 30, 2008) on prior period reporting.
- Review subsequent filings for any updates on the agreement's performance or further renewals.