EverCommerce Inc. Files 8-K for Regulation FD Disclosure

TL;DR

EverCommerce filed an 8-K for a Reg FD disclosure on 5/21.

AI Summary

EverCommerce Inc. filed an 8-K on May 22, 2024, reporting an event on May 21, 2024. The filing is a Regulation FD Disclosure, indicating it contains material information that may be of interest to investors. No specific financial transactions or material events beyond the disclosure itself are detailed in the provided text.

Why It Matters

This filing serves as an official notification to the public regarding information EverCommerce Inc. is disseminating, ensuring fair disclosure to all investors.

Risk Assessment

Risk Level: low — The filing is a standard disclosure and does not appear to contain negative news or significant financial changes.

Key Players & Entities

• EverCommerce Inc. (company) — Registrant
• May 21, 2024 (date) — Date of earliest event reported
• May 22, 2024 (date) — Filing date
• 3601 Walnut Street, Suite 400 Denver, Colorado 80205 (address) — Principal executive offices

FAQ

Key Financial Figures

• $0.00001 — ange on which registered Common Stock, $0.00001 par value per share EVCM The Nasdaq
• $50.0 million — ommerce Inc. (the "Company") approved a $50.0 million increase in the previously announced st
• $200.0 million — began allows for the purchase of up to $200.0 million in shares of the Company's common stock
• $12.1 million — hares of common stock for approximately $12.1 million during the three months ended March 31,
• $27.9 million — March 31, 2024. As of March 31 , 2024, $27.9 million remained available under the repurchase

Filing Documents

• ef20029663_8k.htm (8-K) — 25KB
• 0001140361-24-027120.txt ( ) — 162KB
• evcm-20240521.xsd (EX-101.SCH) — 4KB
• evcm-20240521_lab.xml (EX-101.LAB) — 22KB
• evcm-20240521_pre.xml (EX-101.PRE) — 16KB
• ef20029663_8k_htm.xml (XML) — 4KB

01

Item 7.01 Regulation FD Disclosure. On May 21, 2024, the Board of Directors of EverCommerce Inc. (the "Company") approved a $50.0 million increase in the previously announced stock repurchase authorization and extended the authorization through December 31, 2025. The total authorization since the repurchase program began allows for the purchase of up to $200.0 million in shares of the Company's common stock. The Company repurchased and retired 1.2 million shares of common stock for approximately $12.1 million during the three months ended March 31, 2024. As of March 31 , 2024, $27.9 million remained available under the repurchase program. Repurchases under the program may be made from time to time in the open market at prevailing market prices or in negotiated transactions off the market. Open market repurchases will be structured to occur within the pricing and volume requirements of Rule 10b-18. The Company may also, from time to time, enter into Rule 10b5-1 plans to facilitate repurchases of its shares under this authorization. This program does not obligate the Company to acquire any particular amount of common stock and the program may be extended, modified, suspended or discontinued at any time at the Company's discretion. The Company expects to fund repurchases with cash on hand.

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. EVERCOMMERCE INC. Date: May 22 , 2024 By: /s/ Lisa Storey Lisa Storey Chief Legal Officer

View Full Filing

View this 8-K filing on SEC EDGAR