Ultra Clean Holdings Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, Other Events, Financial Statements and Exhibits
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Item 1.01. Entry into a Material Definitive Agreement
On February 26, 2026, in connection with the pricing of the Notes described under Item 8.01 of this Current Report on Form 8-K, Ultra Clean Holdings, Inc. (the “Company”), Barclays Bank PLC, as administrative agent, and the revolving lenders party thereto, entered into that certain Ninth Amendment dated as of February 26, 2026 (the “Ninth Amendment”) to the Credit Agreement dated as of August 27, 2018, by and among the Company, as parent borrower, Barclays Bank PLC, as administrative agent, and the lenders and other parties thereto from time to time (as amended, restated, amended and restated, supplemented or otherwise modified from time to time, the “Credit Agreement”). Pursuant to the Ninth Amendment, the Credit Agreement was amended to, among other things, increase the maximum permitted “Consolidated Total Gross Leverage Ratio” financial maintenance covenant described in the Credit Agreement (which covenant is only applicable to the revolving credit facility thereunder) to 6.00 to 1.00 (the “Financial Covenant Adjustment”). The Financial Covenant Adjustment will only apply to the fiscal periods ending on or about March 31, 2026 and June 30, 2026, in each case subject to the terms and conditions set forth in the Ninth Amendment. A copy of the Ninth Amendment will be filed as an exhibit to the Company’s Quarterly Report for the quarter ended March 27, 2026.
Item 8.01. Other Events.
On February 26, 2026, the Company issued a press release relating to the pricing of its offering of 0.00% Convertible Senior Notes due 2031 (the “Notes”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. 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 into this Item 8.01.
Neither this Current Report on Form 8-K nor the press release attached as Exhibit 99.1 to this Current Report on Form 8-K constitutes an offer to sell, or the solicitation of an offer to buy, the Notes or shares of the Company’s common stock, if any, issuable upon conversion of the Notes.
Item 9.01. Financial Statements and Exhibits.
Exhibits
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Exhibit Number |
Description | |
| 99.1 | Press release of Ultra Clean Holdings, Inc., dated February 26, 2026. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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 thereunto duly authorized.
| ULTRA CLEAN HOLDINGS, INC. | ||||
| Date: | February 26, 2026 | By: | /s/ Paul Y. Cho | |
| Name: | Paul Y. Cho | |||
| Title: | General Counsel and Corporate Secretary | |||