RingCentral, Inc. Files Amendment No. 1 to Annual Report on Form 10-K

TL;DR

<b>RingCentral, Inc. has filed an amendment to its 2023 annual report, providing updated information.</b>

AI Summary

RingCentral, Inc. (RNG) filed a Amended Annual Report (10-K/A) with the SEC on April 24, 2024. RingCentral, Inc. filed an amendment (10-K/A) to its annual report for the fiscal year ended December 31, 2023. The filing was made on April 24, 2024. The company's principal executive offices are located at 20 Davis Drive, Belmont, California. RingCentral, Inc. is registered under the ticker symbol RNG on the New York Stock Exchange. The company has submitted all required Interactive Data Files for the preceding 12 months.

Why It Matters

For investors and stakeholders tracking RingCentral, Inc., this filing contains several important signals. This amendment indicates that the company is providing updated or corrected information for its fiscal year 2023, which could impact investor understanding of its financial and operational status. As a well-known seasoned issuer, RingCentral's filings are closely watched, and this amendment suggests a need for clarification or revision of previously submitted data.

Risk Assessment

Risk Level: low — RingCentral, Inc. shows low risk based on this filing. The risk is low as this is an amendment to a 10-K filing, typically for corrections or updates, rather than a new material event.

Analyst Insight

Review the specific changes made in Amendment No. 1 to the 10-K filing to understand any updated financial or operational details for RingCentral, Inc.

Key Numbers

• 2023-12-31 — Fiscal Year End (Annual Report)
• 2024-04-24 — Filing Date (Form 10-K/A)

Key Players & Entities

• RingCentral, Inc. (company) — Registrant
• 20 Davis Drive, Belmont, California (location) — Business Address
• RNG (ticker) — Class A Common Stock
• New York Stock Exchange (company) — Exchange
• 2023-12-31 (date) — Fiscal year end
• 2024-04-24 (date) — Filing date

FAQ

Industry Context

RingCentral operates in the cloud communications and collaboration services industry, providing software-based solutions for businesses.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring public companies to submit regular financial and operational disclosures to the SEC.

What Investors Should Do

1. Analyze the specific amendments made in this 10-K/A filing.
2. Verify if the amendment impacts previously reported financial figures or disclosures.
3. Monitor future filings for any further updates or clarifications from RingCentral.

Key Dates

• 2023-12-31: Fiscal Year End — End of the reporting period for the annual report.
• 2024-04-24: Filing Date — Date Amendment No. 1 to Form 10-K was filed.

Year-Over-Year Comparison

This is an amendment to the previously filed 10-K for the fiscal year ended December 31, 2023.

Key Financial Figures

• $0.0001 — RNG New York Stock Exchange par value $0.0001 Securities registered pursuant to sec
• $32.73 — 30, 2023, based on the closing price of $32.73 for shares of the Registrant's common s

Filing Documents

• rng-20231231.htm (10-K/A) — 54KB
• rng-20240423xex313.htm (EX-31.3) — 10KB
• rng-20240423xex314.htm (EX-31.4) — 10KB
• 0001384905-24-000024.txt (&nbsp;) — 307KB
• rng-20231231.xsd (EX-101.SCH) — 2KB
• rng-20231231_def.xml (EX-101.DEF) — 21KB
• rng-20231231_lab.xml (EX-101.LAB) — 38KB
• rng-20231231_pre.xml (EX-101.PRE) — 23KB
• rng-20231231_htm.xml (XML) — 5KB

CONTROLS AND PROCEDURES

ITEM 9A. CONTROLS AND PROCEDURES Evaluation of Disclosure Controls and Procedures Under the supervision and with the participation of our management, including our chief executive officer and chief financial officer, we conducted an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), as of the end of the period covered by this Annual Report on Form 10-K. In designing and evaluating our disclosure controls and procedures, management recognizes that any disclosure controls and procedures, no matter how well designed and operated, can provide only reasonable, not absolute, assurance of achieving the desired control objectives. In addition, the design of disclosure controls and procedures must reflect the fact that there are resource constraints and that management is required to apply its judgment in evaluating the benefits of possible controls and procedures relative to their costs. Based on management's evaluation, our chief executive officer and chief financial officer concluded that our disclosure controls and procedures are designed to, and are effective to, provide assurance at a reasonable level that the information we are required to disclose in reports that we file or submit under the Exchange Act is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms, and that such information is accumulated and communicated to our management, including our chief executive officer and chief financial officer, as appropriate, to allow timely decisions regarding required disclosures. Management's Annual Report on Internal Controls Over Financial Reporting Our management is responsible for establishing and maintaining adequate internal control over financial reporting, as such term is defined in Exchange Act Rules 13a-15(f) and 15d-15(f). Under the supervi

Exhibits and Financial Statement Schedules

Item 15. Exhibits and Financial Statement Schedules The following documents are filed as part of this report:

Financial Statements

Financial Statements No financial statements are filed with this Amendment No. 1. The financial statements and notes thereto were included as part of the Original Form 10-K. All schedules are omitted as the required information is either not present, not present in material amounts or presented within the consolidated financial statements or related notes. EXHIBIT INDEX Exhibit Number Description 31.3 Certification of Periodic Report by Principal Executive Officer under Section 302 of the Sarbanes-Oxley Act of 2002. 31.4 Certification of Periodic Report by Principal Financial Officer under Section 302 of the Sarbanes-Oxley Act of 2002. 104 Cover Page Interactive Data File (formatted as inline XBRL)

Summary

Item 16. Summary None.

SIGNATURES

SIGNATURES Pursuant to the requirements of Section 13 or 15(d) 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, in the City of Belmont, State of California, on this 24th day of April 2024. RINGCENTRAL, INC. Date: April 24, 2024 /s/ Sonalee Parekh Sonalee Parekh Chief Financial Officer (Principal Financial Officer) Date: April 24, 2024 /s/ Vaibhav Agarwal Vaibhav Agarwal Chief Accounting Officer (Principal Accounting Officer)

View Full Filing

View this 10-K/A filing on SEC EDGAR