8-K/AMaterial AgreementsExhibits & Filings

MICRON TECHNOLOGY INC 8-K/A Report, Material Agreement (Oct 31, 2012)

Filed October 31, 2012For Securities:MU

Summary

This filing is an amendment (Amendment No. 2) to a previous 8-K filed by Micron Technology, Inc. on July 2, 2012, concerning a material definitive agreement. Specifically, this amendment re-files an "Agreement on Support for Reorganization Companies" (the "Sponsor Agreement") with the trustees of Elpida Memory, Inc. and its subsidiary, Akita Elpida Memory, Inc. The re-filing is to include certain provisions and attachments that were previously omitted under a confidential treatment request. Investors should note that an amendment to this Sponsor Agreement was also entered into on October 29, 2012, and filed separately. While the core of this filing is procedural, relating to the proper disclosure of the Sponsor Agreement, it underscores Micron's ongoing engagement with the Elpida Memory reorganization. This agreement, and any amendments, are significant as they likely pertain to a potential acquisition or restructuring involving Elpida's assets and operations, which could have material implications for Micron's market position and future performance in the semiconductor industry. Investors should refer to subsequent filings for details on the implications of this agreement.

Key Highlights

  • 1Micron Technology, Inc. is filing an amendment (Amendment No. 2) to its July 2, 2012, 8-K filing.
  • 2The amendment pertains to the disclosure of an "Agreement on Support for Reorganization Companies" (Sponsor Agreement) with the trustees of Elpida Memory, Inc. and Akita Elpida Memory, Inc.
  • 3Certain provisions and attachments of the Sponsor Agreement were re-filed in this amendment after being initially omitted under a confidential treatment request.
  • 4This filing does not introduce new material agreements but clarifies the disclosure of an existing one.
  • 5An amendment to the Sponsor Agreement was entered into on October 29, 2012, and filed on October 31, 2012 (as indicated by the filing date of this report).
  • 6The filing date of this amendment is October 30, 2012, with the event date being July 1, 2012 (referring to the original 8-K filing event).
  • 7Ronald C. Foster, Chief Financial Officer and Vice President of Finance, signed the report on behalf of Micron.

Frequently Asked Questions

This filing, Amendment No. 2 to a previous 8-K, is primarily to re-file the 'Agreement on Support for Reorganization Companies' (Sponsor Agreement) with the trustees of Elpida Memory, Inc. Certain portions of this agreement were initially omitted under a confidential treatment request, and this amendment provides the complete filing as required.

The Sponsor Agreement is a material definitive agreement related to the reorganization of Elpida Memory. While the specifics are subject to confidential treatment for some parts, such agreements typically signal potential business combinations, acquisitions, or significant operational collaborations that could materially impact Micron's business and market standing.

Yes, the filing indicates that an amendment to the Sponsor Agreement was entered into on October 29, 2012, and a copy was filed as an exhibit to a separate 8-K report on October 31, 2012. Investors should refer to that subsequent filing for details on the amendment.

No, this specific 8-K/A filing (Amendment No. 2) is focused on disclosing details of a material agreement and does not contain updated financial statements or performance metrics for Micron Technology, Inc.