Skydance Corp
For the period ended Mar 31, 2025. Filed May 14, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 14, 2025
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
| ☒ | QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
For the quarterly period ended March 31, 2025
| OR | |
| ☐ | TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 |
| For the transition period from to |
Commission File Number 333-282985
New Pluto Global, Inc.*
(Exact name of registrant as specified in its charter)
| Delaware | 99-3917985 |
|---|---|
| (State or other jurisdiction ofincorporation or organization) | (I.R.S. Employer Identification No.) |
| c/o Paramount Global | ||
|---|---|---|
| 1515 Broadway | ||
| New York, | New York | 10036 |
(212)258-6000
(Address, including zip code, and telephone numbers, including
area code, of registrant’s principal executive offices)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbols | Name of each exchange on which registered | ||
|---|---|---|---|---|
| None | N/A | N/A |
Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐
Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that registrant was required to submit such files). Yes ☒ No☐
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Securities Exchange Act of 1934.
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
|---|---|---|---|
| Non-accelerated filer | ☒ | Smaller reporting company | ☐ |
| 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.☐
Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Securities Exchange Act of 1934). Yes☒ No☐
As of May 13, 2025, there were 1,000 outstanding shares of the registrant’s common stock, $0.001 par value per share.
The registrant meets the conditions set forth in General Instructions (H)(1)(a) and (b) of Form 10-Q and therefore is filing this form with the reduced disclosure format permitted by Form 10-Q.
*The registrant is currently named New Pluto Global, Inc. The registrant plans to change its name to “Paramount Skydance Corporation” following the completion of the transactions described herein.
TABLE OF CONTENTS
| Page | ||
|---|---|---|
| Explanatory Note. | 3 | |
| PART I - FINANCIAL INFORMATION | ||
| Item 1. | Financial Statements. | |
| Consolidated Statement of Operations for the three months ended March 31, 2025 | 4 | |
| Consolidated Statement of Comprehensive Income for the three months ended March 31, 2025 | 5 | |
| Consolidated Balance Sheet at March 31, 2025 and December 31, 2024 | 6 | |
| Consolidated Statement of Cash Flows for the three months ended March 31, 2025 | 7 | |
| Consolidated Statement of Equity for the three months ended March 31, 2025 | 8 | |
| Notes to Consolidated Financial Statements. | 9 | |
| Item 2. | Management’s Discussion and Analysis of Results of Operations and Financial Condition. | 11 |
| Item 4. | Controls and Procedures. | 13 |
| PART II - OTHER INFORMATION | ||
| Item 1A. | Risk Factors. | 13 |
| Item 6. | Exhibits. | 14 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.