Elastic N.V. Files 8-K: Operations, Personnel Changes, Financials
Ticker: ESTC · Form: 8-K · Filed: Nov 21, 2024 · CIK: 1707753
| Field | Detail |
|---|---|
| Company | Elastic N.V. (ESTC) |
| Form Type | 8-K |
| Filed Date | Nov 21, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: operations, personnel, financials
Related Tickers: ESTC
TL;DR
Elastic 8-K dropped: Financials, exec changes, board shakeup. Watch closely.
AI Summary
Elastic N.V. filed an 8-K on November 21, 2024, reporting on its results of operations and financial condition as of November 18, 2024. The filing also disclosed the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements for certain officers. Additionally, it included financial statements and exhibits.
Why It Matters
This 8-K filing provides crucial updates on Elastic's financial performance and significant changes in its leadership and board structure, impacting investor confidence and strategic direction.
Risk Assessment
Risk Level: medium — The filing covers financial results and significant personnel changes, which can introduce uncertainty and affect stock performance.
Key Players & Entities
- Elastic N.V. (company) — Registrant
- 001-38675 (company) — Commission File Number
- 98-1756035 (company) — I.R.S. Employer Identification Number
- November 18, 2024 (date) — Earliest event reported date
- November 21, 2024 (date) — Date of report
FAQ
What specific financial results are being reported by Elastic N.V. in this 8-K?
The 8-K filing indicates it covers 'Results of Operations and Financial Condition' as of November 18, 2024, but the specific financial figures are not detailed in the provided text.
Were there any executive departures or appointments mentioned in the filing?
Yes, the filing explicitly mentions 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers' and 'Compensatory Arrangements of Certain Officers'.
What is the exact date of the earliest event reported in this 8-K?
The earliest event reported in this 8-K is dated November 18, 2024.
What is the Commission File Number for Elastic N.V.?
The Commission File Number for Elastic N.V. is 001-38675.
Does this filing include any financial statements or exhibits?
Yes, the filing lists 'Financial Statements and Exhibits' as an item of information.
Filing Stats: 868 words · 3 min read · ~3 pages · Grade level 11.1 · Accepted 2024-11-21 16:07:04
Filing Documents
- estc-20241118.htm (8-K) — 30KB
- a25q2erex991.htm (EX-99.1) — 359KB
- 0001707753-24-000044.txt ( ) — 517KB
- estc-20241118.xsd (EX-101.SCH) — 2KB
- estc-20241118_lab.xml (EX-101.LAB) — 16KB
- estc-20241118_pre.xml (EX-101.PRE) — 9KB
- estc-20241118_htm.xml (XML) — 2KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On November 21, 2024, Elastic N.V. ("Elastic" or the "Company") issued a press release announcing its financial results for its second quarter ended October 31, 2024. A copy of the press release is furnished herewith as Exhibit 99.1 and incorporated herein by reference. The information above, including Exhibit 99.1, 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 otherwise subject to the liabilities of that section, and shall not be incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act regardless of any general incorporation language in such filing, unless expressly incorporated by specific reference in such filing. Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Departure of Directors or Certain Officers On November 18, 2024, Janesh Moorjani, the Company's Chief Financial Officer and Chief Operating Officer, notified the Company of his decision to resign from his positions as Chief Financial Officer and Chief Operating Officer, in which positions he serves as the Company's principal financial officer, principal accounting officer, and principal operating officer. Mr. Moorjani's last day with the Company will be December 13, 2024. Mr. Moorjani will be leaving to pursue another opportunity and his resignation is not a result of any disagreement with the Company or its board of directors, or any matter relating to the Company's operations, policies, or practices. (c) Appointment of Certain Officers On November 21, 2024, the Company appointed Eric Prengel, who currently serves as Group Vice President, Finance at the Company, as Elastic's interim Chief Financial Officer, effective as of December 14, 2024. In this role, Mr. Prengel will
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Description 99.1 Press Release dated November 21, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. Dated: November 21, 2024 ELASTIC N.V. By: /s/ Carolyn Herzog Name: Carolyn Herzog Title: Chief Legal Officer and Corporate Secretary