Ford Motor Co 8-K, filed Jul 14, 2022
Ford Motor Co (F)
8-K
2022-07-14
For: 2022-07-13
View Original
Added on
April 08, 2026
About this 8-K
Ford Motor Co filed this 8-K on July 14, 2022, reporting on events of July 13, 2022.
Items reported
- Item 2.03: New debt or off-balance-sheet obligation
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report: July 13, 2022
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction of incorporation)
| (Commission File Number) | (IRS Employer Identification No.) | ||||||||||
| (Address of principal executive offices) | (Zip Code) | ||||||||||
Registrant’s telephone number, including area code 313 -322-3000
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:
(17 CFR 240.14d-2(b))
(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 | ||||||||||||
| | ||||||||||||||
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 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.
On July 13, 2022, Ford Motor Company (“Ford”), SK On Co., Ltd. (“SK On”), and SK Battery America, Inc. (a wholly owned subsidiary of SK On) closed the creation of BlueOval SK, LLC, a joint venture company that will build and operate an electric vehicle (“EV”) battery plant in Tennessee and two EV battery plants in Kentucky. The joint venture will supply EV batteries to Ford and its affiliates. Ford and SK Battery America, Inc. hold equal ownership interests in BlueOval SK, LLC, and the joint venture company will be a consolidated subsidiary of SK On. As part of the closing, the parties signed agreements pursuant to which Ford will be required to contribute up to $6.6 billion in capital to BlueOval SK, LLC over a five-year period ending in 2026 (subject to any adjustments agreed to by the parties).
SIGNATURE
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.
| FORD MOTOR COMPANY | ||||||||
| (Registrant) | ||||||||
| Date: July 14, 2022 | By: | /s/ Corey M. MacGillivray | ||||||
| Corey M. MacGillivray | ||||||||
| Assistant Secretary | ||||||||