Dell Technologies Inc.
Dell Technologies Announces Unregistered Sales of Class C Common Stock
Summary
On March 3, 2024, Dell Technologies Inc. issued 4,625,237 shares of Class C Common Stock upon conversion of Class B Common Stock by Silver Lake Funds, and on March 5, 2024, issued 25,000,000 shares of Class C Common Stock upon conversion of Class A Common Stock by Michael S. Dell, its Chairman and CEO. These sales were made without registration under the Securities Act of 1933, Section 3(a)(9).
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About Dell Technologies Inc.
Dell Technologies Inc. is a multinational technology company that designs, develops, manufactures, and supports a wide range of computer-related products and services. Its primary function is to provide infrastructure solutions, personal computing devices, and IT software tailored for both consumer and enterprise markets. Dell is renowned for its innovation in developing high-performance laptops, desktops, and a comprehensive range of computer peripherals. Moreover, it plays a vital role in industries such as healthcare, finance, education, and government by offering cloud solutions and enterprise software that enhance operational efficiency. Dell Technologies' influence in the technology sector is significant, owing to its commitment to sustainability and transforming how businesses operate through digital innovation. Founded by Michael Dell in 1984 and headquartered in Round Rock, Texas, Dell Technologies has evolved into a key player in the global PC market while expanding its reach in digital transformation services."}
Official SEC Documents
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