MINERALS TECHNOLOGIES INC
For the period ended Apr 29, 2024. Filed Apr 30, 2024.
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Apr 29, 2024 · Filed Apr 30, 2024
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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 (Date of earliest event reported): April 29, 2024
MINERALS TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-11430 | 25-1190717 |
|---|---|---|
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
| 622 Third Avenue, New York, New York | 10017-6707 |
|---|---|
| (Address of principal executive offices) | (Zip Code) |
(Registrant's telephone number, including area code)
| Title of each class | Trading Symbol | Name of exchange on which registered |
|---|---|---|
| Common Stock, $0.10 par value | MTX | NYSE |
| 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. | |
|---|---|
| [☐ ] | 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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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 8.01 | Other Events. |
|---|---|
| On April 29, 2024, Minerals Technologies Inc. (“MTI”) issued a press release (the “Press Release”) announcing that its subsidiary, Barretts Minerals Inc. (“BMI”), has completed the sale of its talc assets. Proceeds from the sale will be used to fund BMI’s ongoing case under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court for the Southern District of Texas. A copy of the Press Release is furnished as Exhibit 99.1 hereto, and is incorporated herein by reference. | |
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
| 99.1 | Press Release dated April 29, 2024 |
| 104 | Cover Page Interactive Data File (formatted as 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.
| MINERALS TECHNOLOGIES INC. | |
| (Registrant) | |
| By: | /s/ Timothy J. Jordan |
| Name: | Timothy J. Jordan |
| Title: | Vice President, General Counsel, Secretary and Chief Compliance Officer |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.