Toast, Inc. Files 8-K Report
Ticker: TOST · Form: 8-K · Filed: Jul 5, 2024 · CIK: 1650164
| Field | Detail |
|---|---|
| Company | Toast, Inc. (TOST) |
| Form Type | 8-K |
| Filed Date | Jul 5, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.000001, $17.5034, $60,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 8-k
TL;DR
Toast filed a routine 8-K, no major news.
AI Summary
On July 3, 2024, Toast, Inc. filed an 8-K report to disclose other events. The filing does not contain specific financial figures or significant business changes, but rather standard reporting information.
Why It Matters
This filing indicates Toast, Inc. is fulfilling its regulatory reporting obligations with the SEC, which is standard practice for publicly traded companies.
Risk Assessment
Risk Level: low — The filing is a standard 8-K report and does not contain information that suggests a change in risk for the company.
Key Players & Entities
- Toast, Inc. (company) — Registrant
- July 3, 2024 (date) — Date of earliest event reported
- 333 Summer Street Boston, Massachusetts 02210 (address) — Principal executive offices
FAQ
What is the purpose of this 8-K filing for Toast, Inc.?
The purpose of this 8-K filing is to report 'Other Events' as of July 3, 2024, fulfilling Toast, Inc.'s current reporting obligations with the SEC.
What is the exact date of the earliest event reported in this filing?
The date of the earliest event reported is July 3, 2024.
What is Toast, Inc.'s principal executive office address?
Toast, Inc.'s principal executive office is located at 333 Summer Street, Boston, Massachusetts 02210.
What is Toast, Inc.'s telephone number?
Toast, Inc.'s telephone number, including area code, is (617) 297-1005.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 423 words · 2 min read · ~1 pages · Grade level 10.4 · Accepted 2024-07-05 16:05:19
Key Financial Figures
- $0.000001 — tered Class A common stock, par value $0.000001 per share TOST New York Stock Exchange
- $17.5034 — 0001 per share, at an exercise price of $17.5034 per share with an expiration date of Ju
- $60,000,000 — nt") for an aggregate purchase price of $60,000,000 (the "Warrant Repurchase"). Upon the Wa
Filing Documents
- tost-20240703.htm (8-K) — 23KB
- 0001650164-24-000245.txt ( ) — 142KB
- tost-20240703.xsd (EX-101.SCH) — 2KB
- tost-20240703_lab.xml (EX-101.LAB) — 21KB
- tost-20240703_pre.xml (EX-101.PRE) — 12KB
- tost-20240703_htm.xml (XML) — 3KB
01 - Other Events
Item 8.01 - Other Events On July 3, 2024, Toast, Inc. (the "Company") repurchased a warrant to purchase approximately 5.2 million shares of the Company's Class B Common Stock, par value $0.000001 per share, at an exercise price of $17.5034 per share with an expiration date of June 19, 2027 (the "Warrant") for an aggregate purchase price of $60,000,000 (the "Warrant Repurchase"). Upon the Warrant Repurchase, the Warrant was canceled and is no longer outstanding.
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. Date: July 5, 2024 TOAST, INC. By: /s/ Brian R. Elworthy Name: Brian R. Elworthy Title: General Counsel and Corporate Secretary