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    Newmark Group Inc. filed SEC Form 8-K: Leadership Update, Other Events, Financial Statements and Exhibits

    11/21/24 4:32:55 PM ET
    $NMRK
    Real Estate
    Finance
    Get the next $NMRK alert in real time by email
    false 0001690680 0001690680 2024-11-20 2024-11-20 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

     

     

    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): November 21, 2024

     

     

     

    Newmark Group, Inc.

    (Exact name of Registrant as specified in its charter)

     

     

     

    Delaware  001-38329  81-4467492
    (State or other jurisdiction
    of incorporation)
     (Commission File Number)  (I.R.S. Employer
    Identification No.)

     

    125 Park Avenue, New York, NY 10017

    (Address of principal executive offices)

     

    Registrant’s telephone number, including area code: (212) 372-2000

     

     

     

    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
    Class A Common Stock, $0.01 par value   NMRK   The Nasdaq Stock Market LLC

     

    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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

     

    The information set forth in Item 8.01 of this Current Report on Form 8-K is incorporated herein by reference.

     

    Item 8.01. Other Events.

     

    On November 21, 2024, Newmark Group, Inc. (the “Registrant,” “Newmark,” or the “Company”) issued a press release announcing that its Executive Chairman Howard W. Lutnick has been nominated by President Donald J. Trump to serve as the U.S. Secretary of Commerce and the intention of Mr. Lutnick to step down from his positions with the Company effective upon U.S. Senate confirmation. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.

     

    DISCUSSION OF FORWARD-LOOKING STATEMENTS ABOUT NEWMARK

     

    Statements in the press release in Exhibit 99.1 of this Current Report on Form 8-K regarding Newmark that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, Newmark undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see Newmark’s Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.

     

    Item 9.01. Financial Statements and Exhibits

     

    (d)Exhibits

     

    The exhibit index set forth below is incorporated by reference in response to this Item 9.01.

     

    1

     

     

    EXHIBIT INDEX

     

    Exhibit Number   Description
         
    99.1   Newmark Group, Inc. press release dated November 21, 2024
         
    104   The cover page from this Current Report on Form 8-K, formatted in Inline XBRL

     

    2

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

     

      Newmark Group, Inc.
         
    Date: November 21, 2024 By: /s/ Howard W. Lutnick
      Name: Howard W. Lutnick
      Title: Executive Chairman

     

    [Signature Page to Newmark Form 8-K regarding the nomination of Howard Lutnick to serve as the U.S. Secretary of Commerce]

     

     

    3

     

     

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