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moh20241111_8k.htm
false 0001179929 0001179929 2024-11-12 2024-11-12
 
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 12, 2024
 
 
MOLINA HEALTHCARE, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
1-31719
13-4204626
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
 
200 Oceangate, Suite 100, Long Beach, California                            90802
                (Address of principal executive offices)                               (Zip Code)
 
 
Registrant’s telephone number, including area code: (562) 435-3666
 
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, $0.001 Par Value
MOH
New York Stock Exchange
 
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.
 
On the afternoon of November 8, 2024, the Michigan procurement office notified Molina Healthcare, Inc. that it was cancelling the previously issued notice of intent to award contracts to provide benefits to the state’s Highly Integrated Dual Eligible Special Needs Medicare population. The cancellation is effective for all bidders in the relevant Request for Proposal (the “RFP”). The state simultaneously re-issued the RFP for bidders to respond by November 21, 2024. The new contracts are expected to commence on January 1, 2026 in select regions of the state.
 
SIGNATURE
 
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 hereunto duly authorized.
 
 
   
MOLINA HEALTHCARE, INC.
       
Date: November 12, 2024
  
By:
/s/ Jeff D. Barlow
     
Jeff D. Barlow,
Chief Legal Officer and Secretary