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Paramount Global 8-K Report: Key Insights on Corporate Developments & Stock Structure

$PARA
Form 8-K
Filed on: 2025-02-26
Source
Paramount Global 8-K Report: Key Insights on Corporate Developments & Stock Structure

Based on the provided section of the financial report, the key information and insights are as follows:

  1. Entity Information:
  • Company Name: Paramount Global
  • CIK (Central Index Key): 0000813828
  • SEC File Number: 001-09553
  • EIN (Employer Identification Number): 04-2949533
  • Address: 1515 Broadway, New York, NY 10036
  • Contact Number: (212) 258-6000
  1. Filing Type:
  • Form Type: 8-K, which is used for reporting significant events that shareholders should know about.
  1. Reporting Period:
  • Report Date: February 26, 2025
  1. Stock Information:
  • Classes of Stock:
    • Class A Common Stock: Par value of $0.001, trading symbol: PARAA (listed on NASDAQ)
    • Class B Common Stock: Par value of $0.001, trading symbol: PARA (listed on NASDAQ)
  1. Context Information:
  • The report involves multiple contexts including:
    • Common Stock
    • Common Class B Stock
  1. Regulatory Framework:
  • The report adheres to the US GAAP (Generally Accepted Accounting Principles) for the fiscal year ending February 26, 2025.

Insights:

  • The filing of an 8-K indicates that there may be significant events impacting Paramount Global that warrant disclosure to shareholders. This could include changes in management, acquisitions, or other material changes in business operations.
  • The presence of both Class A and Class B common stocks suggests different voting rights or dividend structures, which may be important for investors to consider in their decision-making.
  • The filing is aligned with regulatory requirements, reflecting transparency and compliance with SEC regulations.

Overall, the extracted data indicates a focus on shareholder communication regarding potentially impactful corporate events and outlines the company's capital structure.