BlackLine, Inc. Files 8-K: Other Events
Ticker: BL · Form: 8-K · Filed: Nov 19, 2024 · CIK: 1666134
| Field | Detail |
|---|---|
| Company | Blackline, Inc. (BL) |
| Form Type | 8-K |
| Filed Date | Nov 19, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0, $200.0 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, other-events
Related Tickers: BL
TL;DR
BL stock filing: 8-K for 'Other Events' on Nov 17. Likely routine.
AI Summary
BlackLine, Inc. filed an 8-K on November 19, 2024, reporting an event that occurred on November 17, 2024. The filing is categorized under 'Other Events' and does not specify any material agreements, acquisitions, or executive changes, suggesting a routine or administrative update.
Why It Matters
This filing indicates a routine update or administrative event for BlackLine, Inc., which may not have immediate material impact on the company's operations or stock price.
Risk Assessment
Risk Level: low — The filing is an 8-K for 'Other Events' and does not disclose any significant financial transactions, legal issues, or executive changes that would typically increase risk.
Key Players & Entities
- BLACKLINE, INC. (company) — Registrant
- November 17, 2024 (date) — Earliest event reported
- November 19, 2024 (date) — Date of report
- Delaware (jurisdiction) — State of incorporation
- 21300 Victory Boulevard, 12th Floor Woodland Hills, California 91367 (address) — Principal executive offices
FAQ
What is the primary purpose of this 8-K filing for BlackLine, Inc.?
The primary purpose of this 8-K filing is to report an event that occurred on November 17, 2024, under the 'Other Events' section.
When was this 8-K filing submitted to the SEC?
This 8-K filing was submitted to the SEC on November 19, 2024.
What is BlackLine, Inc.'s state of incorporation?
BlackLine, Inc. is incorporated in Delaware.
What is the address of BlackLine, Inc.'s principal executive offices?
The address of BlackLine, Inc.'s principal executive offices is 21300 Victory Boulevard, 12th Floor, Woodland Hills, California 91367.
Does this filing indicate any significant changes in BlackLine, Inc.'s business operations or financial status?
The filing is categorized under 'Other Events' and does not specify any material agreements, acquisitions, or executive changes, suggesting it is likely for a routine or administrative update rather than a significant operational or financial change.
Filing Stats: 542 words · 2 min read · ~2 pages · Grade level 12.5 · Accepted 2024-11-19 08:30:22
Key Financial Figures
- $0 — nge on which registered Common Stock, $0.01, par value BL The Nasdaq Global
- $200.0 million — ny") authorized the repurchase of up to $200.0 million of the Company's common stock. Repurcha
Filing Documents
- f8k_111724.htm (8-K) — 21KB
- 0001171843-24-006442.txt ( ) — 189KB
- bl-20241117_lab.xml (EX-101.LAB) — 33KB
- bl-20241117_pre.xml (EX-101.PRE) — 22KB
- bl-20241117.xsd (EX-101.SCH) — 3KB
- f8k_111724_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events On November 17, 2024, the board of directors of BlackLine, Inc. (the "Company") authorized the repurchase of up to $200.0 million of the Company's common stock. Repurchases are expected to begin in the first quarter of fiscal year 2025 and the authorization will expire at the end of the first quarter of fiscal year 2027. Repurchases may be made from time to time through open market repurchases or through privately negotiated transactions subject to market conditions, applicable legal requirements and other relevant factors. Open market repurchases may be structured to occur in accordance with the requirements of Rule 10b-18 of the Securities Exchange Act of 1934, as amended. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. The repurchase program does not obligate the Company to acquire any particular amount of its Class A common stock, and it may be suspended at any time at the Company's discretion. The timing and actual number of shares repurchased may depend on a variety of factors, including price, general business and market conditions, and alternative investment opportunities.
SIGNATURES
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 hereunto duly authorized. BLACKLINE, INC. Date: November 19, 2024 By: /s/ Karole Morgan-Prager Karole Morgan-Prager Chief Legal and Administrative Officer