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Form 8-K · Current Report · Filed 2024-11-14

Trimble Faces Nasdaq Delisting Risk Over Delayed Filings

Trimble Inc. has received a notice from Nasdaq regarding potential delisting due to the late filing of its Quarterly Reports on Form 10-Q for Q1, Q2, and Q3 2024. The company is appealing the decision and is working with its auditors to complete the necessary assessments. Management has not identified any errors that would require a restatement of the financial statements. A press release regarding this matter is furnished as Exhibit 99.1.

Filer
Trimble Inc. TRMB · NASDAQ
Filed
Accession
0000864749-24-000256
CIK
0000864749
Signal
High impactTechnology

Items reported

Item 3.01

Notice of Delisting or Failure to Satisfy a Listing Rule

Voluntary Delisting
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

Exhibits Furnished

Market reaction

Close before filing

$72.61

Next session

-2.7%

Since filing

-18.1%

Latest close

$59.47

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from TRMB reporting the same item, with the next session's move:

Trimble Announces Record ARR and Raises Guidance+17.1%
Trimble Inc. Extends Financial Reporting Deadlines in Credit Agreement+1.3%
Trimble to Sell Global Transportation Telematics Business to Platform Science+3.2%
Trimble Receives Nasdaq Notification for Delayed Quarterly Report Filings-0.1%
Trimble Inc. Reports Strong Q2 2024 Financial Results with Earnings Beat and Guidance Raise+1.5%

Exhibits (1)

About Trimble Inc.

Trimble Inc. is a technology company that develops positioning and productivity solutions for various industries. It focuses on connecting the physical and digital worlds through advanced integrated solutions. Trimble's portfolio includes industries like agriculture, construction, geospatial, transportation, and natural resources, where accurate positioning and measurement are crucial. The company offers products such as GPS receivers, laser rangefinders, unmanned aerial vehicle systems, and software tools. Founded in 1978 and headquartered in Sunnyvale, California, Trimble has consistently contributed to technological advancements by providing systems that improve productivity, quality, safety, and compliance. Trimble's solutions are vital in automating and streamlining workflows, thus fostering efficiency and innovation across sectors. Its presence is felt globally as it enables businesses to make data-driven decisions, promoting sustainable practices and operational intelligence.

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