---
schema_version: "secwatch.filing_event.v1"
accession: "0001703056-24-000019"
form_type: "8-K/A"
ticker: "ADT"
cik: "0001703056"
company_name: "ADT Inc."
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T09:06:04.337830+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# ADT updates solar exit costs: $70M-$110M in additional charges; cash spending $50M-$70M

## Summary
- Total additional aggregate charges estimated at $70M-$110M (employee separation $7M-$10M, asset impairments $16M-$20M, contract termination $6M-$10M, inventory $15M-$22M, other $26M-$48M).
- Expected aggregate cash expenditures of $50M-$70M for the solar exit; operations to cease during 2024.
- Amendment filed to provide cost estimates that were unavailable in the original Jan 24, 2024 8-K.

## SEC filing metadata
- accession: 0001703056-24-000019
- form_type: 8-K/A
- ticker: ADT
- cik: 0001703056
- company_name: ADT Inc.
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.05
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000019/0001703056-24-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000019/adt-20240119.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001703056-24-000019
- JSON: https://secwatch.observer/filing/0001703056-24-000019.json
- Plain text: https://secwatch.observer/filing/0001703056-24-000019.txt

## Key facts
- Restructurings & Charges
  ADT Inc. announced a restructuring with charges of approximately $70 million - $110 million affecting ADT Solar business.
  - Type: restructuring
  - Charge: approximately $70 million - $110 million
  - Affected area: ADT Solar business
  source text: we currently expect to incur additional aggregate charges of approximately $70 million - $110 million, related to (a) employee separation costs of approximately $7 million - $10 million, (b) long-lived asset impairments and write-off of deferred implementation costs associated with cloud computing arrangements of approximately $16 million - $20 million, (c) contract termination charges of approximately $6 million - $10 million, (d) the write-down and disposition of inventory on hand of approximately $15 million - $22 million, and (e) other charges of approximately $26 million - $48 million, which primarily relate to the impact associated with the disposition of the existing installation pipeline.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1703056/000170305624000019/0001703056-24-000019-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.