eGain Corp Files 8-K Report

TL;DR

eGain filed an 8-K, likely routine, check for details on events/exhibits.

AI Summary

On May 24, 2024, eGain Corporation filed an 8-K report. The filing primarily concerns "Other Events" and "Financial Statements and Exhibits." No specific financial transactions or material events were detailed in the provided excerpt, suggesting it may be a routine filing or contain information not present in this snippet.

Why It Matters

This filing indicates that eGain Corporation is providing updates or disclosures to the SEC, which could contain important information for investors regarding the company's operations or financial status.

Risk Assessment

Risk Level: low — The provided excerpt is a standard 8-K filing notification without details of significant negative events, suggesting a low immediate risk.

Key Numbers

• 001-35314 — SEC File Number (Identifies the company's filing history with the SEC.)
• 77-0466366 — I.R.S. Employer Identification No. (Company's tax identification number.)

Key Players & Entities

• eGain Corporation (company) — Registrant
• Delaware (jurisdiction) — State of incorporation
• May 24, 2024 (date) — Date of earliest event reported
• 1252 Borregas Avenue, Sunnyvale, California 94089 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.001 — ch registered Common Stock, par value $0.001 per share EGAN The Nasdaq Stock Mar
• $20 million — eGain Corporation ("eGain") approved a $20 million increase in its stock repurchase progra
• $40 million — purchase thereunder from $20 million to $40 million of its outstanding common stock. As of
• $19.3 million — 24, eGain has repurchased approximately $19.3 million of shares of its common stock under its
• $20.7 million — purchase program, leaving approximately $20.7 million of shares of its common stock available

Filing Documents

• egan-20240524x8k.htm (8-K) — 40KB
• egan-20240524xex99d1.htm (EX-99.1) — 12KB
• 0001558370-24-008808.txt ( ) — 171KB
• egan-20240524.xsd (EX-101.SCH) — 3KB
• egan-20240524_lab.xml (EX-101.LAB) — 15KB
• egan-20240524_pre.xml (EX-101.PRE) — 10KB
• egan-20240524x8k_htm.xml (XML) — 5KB

01 Other Events

Item 8.01 Other Events. On May 24, 2024, the Board of Directors of eGain Corporation ("eGain") approved a $20 million increase in its stock repurchase program, bringing the aggregate amount eGain may purchase thereunder from $20 million to $40 million of its outstanding common stock. As of May 23, 2024, eGain has repurchased approximately $19.3 million of shares of its common stock under its stock repurchase program, leaving approximately $20.7 million of shares of its common stock available for repurchase after such increase. In addition, the Board of Directors approved to extend the stock repurchase program that was set to expire on November 14, 2024, until the earlier of (i) the date the aggregate amount of shares that can be repurchased under the stock repurchase program have been repurchased and (ii) the date the Board of Directors decides to terminate the stock repurchase program. Under the stock repurchase program, eGain may purchase shares of common stock on a discretionary basis from time to time through open market transactions or privately negotiated transactions at prices deemed appropriate by eGain. In addition, at the discretion of eGain, open market repurchase of common stock may also be made under a Rule 10b5-1 plan, which would permit common stock to be repurchased when eGain might otherwise be precluded from doing so under insider trading laws or self-imposed trading restrictions. The timing and number of shares repurchased will be determined based on an evaluation of market conditions and other factors, including stock price, trading volume, general business and market conditions, and capital availability. The stock repurchase program does not obligate eGain to acquire a specified number of shares and may be modified, suspended, or discontinued at any time at eGain's discretion without notice. A copy of the press release relating to the changes to the stock repurchase program is attached hereto as Exhibit 99.1 and incorporated by reference he

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. EXHIBIT NO. DESCRIPTION 99.1 Press release, dated May 31, 2024, of eGain Corporation . 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 2 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 thereunto duly authorized. Date: May 31, 2024 eGain Corporation By: /s/ Eric N. Smit Eric N. Smit Chief Financial Officer (Duly Authorized Officer and Principal Financial and Accounting Officer) 3

View Full Filing

View this 8-K filing on SEC EDGAR