8-KThe WireRoutine
Reg FD Disclosure
Filed May 20, 2025 · 1y ago · Accession 0001999371-25-006407
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event
reported): May 20, 2025
LEVI STRAUSS & CO.
(Exact name of registrant as specified
in its charter)
Delaware
001-06631
94-0905160
(State or Other Jurisdiction of
Incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
1155 Battery Street
San Francisco , California 94111
(Address of principal executive offices) (Zip Code)
(415) 501-6000
(Registrant’s telephone number, including area
code)
Not Applicable
(Former name or former address, if changed since last
report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2.
below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240. 13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading symbol(s)
Name of each exchange on which registered
Class A Common Stock, $0.001 par value per share
LEVI
New York Stock Exchange
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01
Regulation FD Disclosure.
On May 18, 2025, Levi
Strauss & Co. (the “Company”) entered into an asset purchase agreement with Authentic Brands Group (“Authentic”)
to sell the Dockers® business to Authentic for an initial transaction value of $311 million, subject to customary adjustments and
closing conditions, with the potential to reach up to $391 million dollars through a $80 million earnout opportunity in future years based
on the performance of the Dockers® business under Authentic’s ownership.
On May 20, 2025, the
Company issued the press release attached hereto as Exhibit 99.1 announcing the transaction described herein. The information in Item
7.01 of this Current Report on Form 8-K is being furnished and shall not be deemed “filed” for the purposes of Section 18
of the Exchange Act, or otherwise subject to the liabilities of that section, and shall not be deemed incorporated by reference into any
filing made under the Securities Act of 1933, as amended, or the Exchange Act, except as otherwise expressly stated in such filing.
Item 9.01
Financial Statement and Exhibits.
(d) Exhibits
99.1
Press Release issued by Levi Strauss & Co., dated May 20, 2025
104
The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
LEVI STRAUSS & CO.
DATE:
May 20, 2025
By:
/s/ David Jedrzejek
Name:
David Jedrzejek
Title:
Senior Vice President and General Counsel
Filing details
- Company
- LEVI STRAUSS & CO
- Ticker
- LEVI
- CIK
- 94845
- Form type
- 8-K
- Filing date
- May 20, 2025
- Report date
- May 20, 2025
- Document
- levi-8k_05202025.htm
- Size
- 212 KB