Summary
Dell Technologies Inc. (DELL) filed an 8-K on September 20, 2021, primarily to announce an upcoming investor presentation on September 23, 2021. During this presentation, management is expected to discuss estimated pro forma financial results. These pro forma figures will reflect the business's performance as if the previously announced spin-off of VMware, Inc. had already occurred. The periods covered for these pro forma results include fiscal years ended February 1, 2019, January 31, 2020, and January 29, 2021, as well as the quarterly periods within the fiscal year ended January 29, 2021. This disclosure is significant for investors as it provides a clearer picture of Dell's operational performance independent of VMware ahead of the anticipated spin-off closing in November 2021. Investors can access the presentation materials as Exhibit 99.1 to the 8-K filing and will have the opportunity to view the live webcast, with an archived version available subsequently. It's important to note that the information furnished in this 8-K is for informational purposes and is not deemed 'filed' for liability purposes under the Securities Exchange Act.
Key Highlights
- 1Dell Technologies Inc. announced an upcoming investor presentation scheduled for September 23, 2021.
- 2The presentation will feature management discussing estimated pro forma financial results.
- 3These pro forma results will reflect the impact of the VMware spin-off as if it had already occurred.
- 4The pro forma data will cover fiscal years 2019, 2020, and 2021, and Q4 FY2021.
- 5The VMware spin-off is expected to close in November 2021.
- 6The presentation will be webcast live on Dell's investor relations website, with an archive available.
- 7The information is furnished under Regulation FD and is not considered 'filed' for legal liability purposes.