Five9, Inc. Files 8-K with Material Agreements and Equity Sales
Ticker: FIVN · Form: 8-K · Filed: Mar 1, 2024 · CIK: 1288847
| Field | Detail |
|---|---|
| Company | Five9, INC. (FIVN) |
| Form Type | 8-K |
| Filed Date | Mar 1, 2024 |
| Risk Level | medium |
| Pages | 8 |
| Reading Time | 9 min |
| Key Dollar Amounts | $0.001, $747.5 million, $97.5 million, $728.8 m, $304.9 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, financial-obligation, equity-sale
Related Tickers: FIVN
TL;DR
Five9 filed an 8-K: material agreements, financial obligations, and unregistered equity sales reported.
AI Summary
On March 1, 2024, Five9, Inc. filed an 8-K report detailing several key events. These include entering into a material definitive agreement, creating a direct financial obligation, and reporting unregistered sales of equity securities. The filing also includes financial statements and exhibits.
Why It Matters
This filing indicates significant corporate actions by Five9, Inc., including financial obligations and equity transactions, which could impact its financial structure and shareholder value.
Risk Assessment
Risk Level: medium — The filing involves material definitive agreements, financial obligations, and unregistered equity sales, which can introduce financial and operational risks.
Key Players & Entities
- Five9, Inc. (company) — Registrant
- March 1, 2024 (date) — Date of earliest event reported
FAQ
What type of material definitive agreement did Five9, Inc. enter into?
The filing indicates the entry into a material definitive agreement, but the specific details of the agreement are not provided in the provided text.
What is the nature of the direct financial obligation created by Five9, Inc.?
The filing states the creation of a direct financial obligation, but the specifics of this obligation are not detailed in the provided text.
When were the unregistered sales of equity securities by Five9, Inc. conducted?
The filing reports unregistered sales of equity securities, but the specific date or period of these sales is not mentioned in the provided text.
What are the key financial statements and exhibits included in this 8-K filing?
The filing mentions the inclusion of financial statements and exhibits, but their content is not specified in the provided text.
What is the principal executive office address for Five9, Inc.?
The principal executive offices of Five9, Inc. are located at 3001 Bishop Drive, Suite 350, San Ramon, CA 94583.
Filing Stats: 2,278 words · 9 min read · ~8 pages · Grade level 12.7 · Accepted 2024-03-01 17:01:00
Key Financial Figures
- $0.001 — ich registered Common stock, par value $0.001 per share FIVN The NASDAQ Global Ma
- $747.5 million — 024, Five9, Inc. (the "Company") issued $747.5 million principal amount of its 1.00% Convertib
- $97.5 million — s are first issued, up to an additional $97.5 million principal amount of Notes. The Notes is
- $728.8 m — s from this offering were approximately $728.8 million, after deducting the initial purc
- $304.9 million — Company. The Company used approximately $304.9 million of the aggregate net proceeds from this
- $313.1 million — is offering to repurchase approximately $313.1 million aggregate principal amount of its outst
- $93.4 million — "). The Company also used approximately $93.4 million of the net proceeds of the offering of
- $1,000 — price (as defined in the Indenture) per $1,000 principal amount of Notes for each trad
- $79.42 — itial conversion price of approximately $79.42 per share of the Company's common stock
- $61.09 — s a premium of approximately 30% to the $61.09 per share closing price of the Company'
- $100.0 million — f the outstanding Notes unless at least $100.0 million aggregate principal amount of Notes are
- $122.18 — ped Call Transactions will initially be $122.18 per share, which represents a premium o
- $0.5 million — and received proceeds of approximately $0.5 million. Item2.03 Creation of a Direct Finan
Filing Documents
- d747942d8k.htm (8-K) — 40KB
- d747942dex41.htm (EX-4.1) — 608KB
- d747942dex101.htm (EX-10.1) — 216KB
- 0001193125-24-056157.txt ( ) — 1159KB
- fivn-20240301.xsd (EX-101.SCH) — 3KB
- fivn-20240301_lab.xml (EX-101.LAB) — 18KB
- fivn-20240301_pre.xml (EX-101.PRE) — 11KB
- d747942d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Description 4.1 Indenture, dated as of March 1, 2024, between Five9, Inc. and U.S. Bank Trust Company, National Association, as trustee. 4.2 Form of 1.00% Convertible Senior Notes due 2029 (included in Exhibit 4.1). 10.1 Form of Capped Call Confirmation. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XBRL
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. FIVE9, INC. Dated: March 1, 2024 By: /s/ Barry Zwarenstein Name: Barry Zwarenstein Title: Chief Financial Officer