Trimble extends deadline for overdue 2024 quarterly reports to February 10, 2025
Trimble obtained a fifth consent and waiver from its lenders on January 9, 2025, moving its deadline to deliver financial reports for three 2024 quarters to February 10, 2025. The lenders also agreed not to treat the late delivery alone as a default under the credit agreement, but the company has not yet filed those quarterly reports and says it will file them after an internal controls assessment, which is nearing completion, is finished.
- Fifth Consent and Waiver, dated January 9, 2025, extends the Financial Reporting Deadline to February 10, 2025.
- Covers the fiscal quarters ending March 29, 2024, June 28, 2024 and September 27, 2024.
- Lenders waive any default resulting solely from the non-delivery of the financial deliverables.
- Quarterly Reports on Form 10-Q will be filed as soon as practicable after the internal controls assessment, which involves management and Ernst & Young LLP, is complete.