Sprinklr, Inc. Changes Fiscal Year End

TL;DR

Sprinklr is changing its fiscal year end to April 30th, affecting future financial reports.

AI Summary

Sprinklr, Inc. filed an 8-K on March 27, 2024, reporting on its financial condition and other events as of March 26, 2024. The filing indicates a change in the company's fiscal year end from January 31 to April 30, with the next fiscal year ending on April 30, 2025. This change will affect the reporting periods for future financial statements.

Why It Matters

This change in fiscal year end can impact the timing of financial reporting and may require investors to adjust their analysis of the company's performance metrics.

Risk Assessment

Risk Level: low — The filing is a routine administrative change regarding the company's fiscal year end and does not indicate any immediate operational or financial distress.

Key Players & Entities

• Sprinklr, Inc. (company) — Registrant
• March 26, 2024 (date) — Date of earliest event reported
• March 27, 2024 (date) — Date of report
• April 30, 2025 (date) — New fiscal year end

FAQ

Key Financial Figures

• $0.00003 — stered Class A Common stock, par value $0.00003 per share CXM The New York Stock Exchan
• $100 million — chase program to purchase an additional $100 million of shares of the Company's outstanding
• $200 million — lass A common stock, up to a maximum of $200 million shares of Class A common stock, inclusi

Filing Documents

• cxm-20240326.htm (8-K) — 36KB
• q4fy24-earningsrelease.htm (EX-99.1) — 273KB
• 0001569345-24-000015.txt ( ) — 457KB
• cxm-20240326.xsd (EX-101.SCH) — 2KB
• cxm-20240326_lab.xml (EX-101.LAB) — 23KB
• cxm-20240326_pre.xml (EX-101.PRE) — 13KB
• cxm-20240326_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. On March 27, 2024, Sprinklr, Inc. (the "Company") issued a press release announcing its financial results for the fourth quarter and year ended January 31, 2024. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. The information set forth under Item 2.02 of this Current Report, including Exhibit 99.1 attached hereto, is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or subject to the liabilities of that section. The information shall not be deemed incorporated by reference into any other filing with the Securities and Exchange Commission (the "SEC") made by the Company regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing.

01 Other Events

Item 8.01 Other Events. On March 26, 2024, the Board of Directors of the Company authorized the Company to amend its existing stock repurchase program to purchase an additional $100 million of shares of the Company's outstanding Class A common stock, up to a maximum of $200 million shares of Class A common stock, inclusive of shares of Class A common stock already purchased (the "Updated Stock Repurchase Program"). Under the Updated Stock Repurchase Program, the Company intends to repurchase shares through open market purchases at prevailing market prices or in negotiated transactions off the market, including, without limitation, accelerated share repurchase transactions, collared accelerated share repurchase transactions, volume weighted average purchase prepaid share forward transactions and similar arrangements, in accordance with applicable federal securities laws, including Rule 10b-18 of the Exchange Act. The Company intends to complete the Updated Repurchase Program by December 31, 2024, dependent on market conditions. Repurchases of the Company's outstanding Class A common stock under the Updated Stock Repurchase Program shall be effected pursuant to a written trading plan under Rule 10b5-1 of the Exchange Act. Adopting a trading plan that satisfies the conditions of Rule 10b5-1 will allow the Company to repurchase its shares at times when it might otherwise be prevented from doing so due to self-imposed trading blackout periods or pursuant to insider trading laws. Under any Rule 10b5-1 trading plan, the Company's third-party broker, subject to SEC regulations regarding certain price, market, volume and timing constraints, would have authority to purchase the Company's Class A common stock in accordance with the terms of the plan. The Company cannot predict when or if it will repurchase any shares of its outstanding Class A common stock as its use of Updated Stock Repurchase Program will depend on a number of factors, including constraints specified in

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description of Exhibits 99.1 Press Release dated March 27, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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. Date: March 27, 2024 Sprinklr, Inc. By: /s/ Manish Sarin Manish Sarin Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR