Item 8.01 Other Events.
On
The redemption of the Notes is conditioned upon the completion, prior to the redemption date, of one or more debt financings that would generate gross proceeds sufficient to fund the redemption. Any such financings are subject to market and other conditions.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the
meaning of the Securities Act of 1933 and of the Securities Exchange Act of
1934. Such forward-looking statements include, but are not limited to, those
related to the financing and completion of the redemption of the Notes and the
completion of the offering of the new financing described herein. These
forward-looking statements reflect, when made, the Company's current views with
respect to current events, the proposed redemption of the Notes and new
financing, and financial performance, including the uncertainties posed by the
COVID-19 pandemic and the difficulty in predicting its future course and its
impact on the global economy and the Company's future operations and the
potential disruptions in the supply of and changes in the competitive
environment for raw material and other materials integral to the Company's
products, including the current semiconductor supply shortage on the Company's
future operations and balance sheet. Such forward-looking statements are subject
to many risks, uncertainties and factors relating to the Company's operations
and business environment, which may cause the actual results of the Company to
be materially different from the expectations set forth in this Current Report
on Form 8-
© Edgar Online, source