false000164708800016470882024-01-182024-01-18

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): January 18, 2024
WSMM Holdings Corp Logo.jpg
WILLSCOT MOBILE MINI HOLDINGS CORP.
(Exact name of registrant as specified in its charter)

Delaware001-3755282-3430194
(State or other jurisdiction of incorporation)(Commission File Number)(I.R.S. Employer Identification No.)
4646 E Van Buren St., Suite 400
Phoenix, Arizona 85008

(Address, including zip code, of principal executive offices)

(480) 894-6311
(Registrant’s telephone number, including area code)

(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:
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
Common stock, par value $0.0001 per shareWSC
The Nasdaq Capital Market

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 8.01
Other Events

Williams Scotsman, Inc. (“WSI”) and certain other subsidiaries of WillScot Mobile Mini Holdings Corp. are parties to an ABL Credit Agreement, dated as of July 1, 2020 (as amended through a fourth amendment, dated June 30, 2022, the “ABL Facility”), by and among WSI, the guarantors party thereto, the lenders party thereto and Bank of America, N.A., as administrative agent, collateral agent and swingline lender. On January 16, 2024, the Company entered into two interest rate swap agreements with financial counterparties relating to an aggregate of $500 million in notional amount of variable-rate debt under the ABL Facility. On January 16, 2024, WSI executed an interest rate swap agreement with Deutsche Bank AG that is effective January 18, 2024. The swap has a notional amount of $300 million and provides for WSI to pay an interest rate of 3.7025% and receive a variable interest rate equal to one-month term SOFR, with a maturity date of June 30, 2027. On January 16, 2024, WSI also executed an interest rate swap agreement with US Bank National Association that is also effective January 18, 2024. The swap has a notional amount of $200 million and provides for WSI to pay an interest rate of 3.7025% and receive a variable interest rate equal to one-month term SOFR, with a maturity date of June 30, 2027. The swap agreements were designated and qualified as hedges of the Company’s exposure to changes in interest payment cash flows created by fluctuations in variable interest rates on the ABL Facility.

Item 9.01
Financial Statements and Exhibits

(d) Exhibits    

Exhibit
No.
Exhibit Description
104Cover Page Interactive Data File (embedded within the Inline XBRL document)






 
SIGNATURE
 
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
 
 WillScot Mobile Mini Holdings Corp.
  
Dated: January 18, 2024
By:/s/ Hezron Timothy Lopez
  Name: Hezron Timothy Lopez
  Title: Executive Vice President, Chief Legal & Compliance Officer & ESG
 


v3.23.4
Cover
Jan. 18, 2024
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jan. 18, 2024
Entity Registrant Name WILLSCOT MOBILE MINI HOLDINGS CORP.
Entity Incorporation, State or Country Code DE
Entity File Number 001-37552
Entity Tax Identification Number 82-3430194
Entity Address, Address Line One 4646 E Van Buren St.
Entity Address, Address Line Two Suite 400
Entity Address, City or Town Phoenix
Entity Address, State or Province AZ
Entity Address, Postal Zip Code 85008
City Area Code 480
Local Phone Number 894-6311
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common stock, par value $0.0001 per share
Trading Symbol WSC
Security Exchange Name NASDAQ
Entity Emerging Growth Company false
Amendment Flag false
Entity Central Index Key 0001647088

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