secwatch.observer — SEC 8-K summary
======================================

Issuer:     DANA Inc (DAN)
CIK:        0000026780
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001193125-24-135719
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Hydro-Québec exercises put option on its 45% stake in Dana TM4 joint venture
----------------------------------------------------------------------------

- Hydro-Québec provided put notice on May 6, 2024 for its 45% redeemable noncontrolling interest in Dana TM4 joint venture.
- Fair market value and closing date will be determined per the shareholders agreement.
- Dana is obligated to purchase the stake at fair market value per the agreement terms.
- No estimate of the purchase price or financial impact was disclosed in the filing.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/26780/000119312524135719/0001193125-24-135719-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/26780/000119312524135719/d838781d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-135719

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer