Blackbaud Confirms Nasdaq Listing for Common Stock & Preferred Rights
Ticker: BLKB · Form: 8-K · Filed: Feb 2, 2024 · CIK: 1280058
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, security-listing, 8-K
TL;DR
**Blackbaud's 8-K confirms its common stock and preferred stock purchase rights are listed on Nasdaq.**
AI Summary
Blackbaud, Inc. filed an 8-K on February 2, 2024, reporting an event that occurred on February 1, 2024. The filing primarily updates the company's registered securities, specifically its Common Stock ($0.001 Par Value) and Preferred Stock Purchase Rights, both traded on the Nasdaq Global Select Market. This matters to investors as it confirms the current listing status of Blackbaud's securities, providing transparency on where their shares are traded and any associated rights.
Why It Matters
This filing confirms the current trading status of Blackbaud's securities, ensuring investors know where their shares are listed and any associated rights, which is fundamental for market transparency and liquidity.
Risk Assessment
Risk Level: low — This filing is routine and informational, confirming existing security listings, and does not introduce new risks or significant changes to the company's operations or financial health.
Analyst Insight
A smart investor would note this filing as a routine update confirming the listing status of Blackbaud's securities, which is important for market transparency but does not signal any immediate need for action.
Key Numbers
- $0.001 — Par Value (Par value of Blackbaud's Common Stock)
Key Players & Entities
- Blackbaud, Inc. (company) — the registrant filing the 8-K
- Nasdaq Global Select Market (company) — the exchange where Blackbaud's securities are registered
- $0.001 (dollar_amount) — par value of Blackbaud's Common Stock
- February 1, 2024 (date) — date of the earliest event reported
- February 2, 2024 (date) — date the 8-K was filed
FAQ
What is the exact name of the registrant as specified in its charter?
The exact name of the registrant as specified in its charter is Blackbaud, Inc.
On what date was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 1, 2024.
What is the par value of Blackbaud, Inc.'s Common Stock?
The par value of Blackbaud, Inc.'s Common Stock is $0.001.
Which exchange are Blackbaud, Inc.'s Common Stock and Preferred Stock Purchase Rights registered on?
Both Blackbaud, Inc.'s Common Stock and Preferred Stock Purchase Rights are registered on the Nasdaq Global Select Market.
What is the registrant's telephone number?
The registrant's telephone number is (843) 216-6200.
Filing Stats: 588 words · 2 min read · ~2 pages · Grade level 11.1 · Accepted 2024-02-02 16:13:02
Key Financial Figures
- $0.001 — nge on which Registered Common Stock, $0.001 Par Value BLKB Nasdaq Global Select
Filing Documents
- ef20020562_8k.htm (8-K) — 29KB
- ef20020562_ex99-1.htm (EX-99.1) — 9KB
- ef20020562_ex99-2.htm (EX-99.2) — 201KB
- image00001.jpg (GRAPHIC) — 3KB
- image00003.jpg (GRAPHIC) — 2KB
- 0001140361-24-005318.txt ( ) — 455KB
- blkb-20240201.xsd (EX-101.SCH) — 4KB
- blkb-20240201_def.xml (EX-101.DEF) — 18KB
- blkb-20240201_lab.xml (EX-101.LAB) — 27KB
- blkb-20240201_pre.xml (EX-101.PRE) — 20KB
- ef20020562_8k_htm.xml (XML) — 6KB
01
Item 8.01. Other Events. On February 1, 2024, the U.S. Federal Trade Commission (the "FTC") announced its approval of a settlement with Blackbaud, Inc. (the "Company") relating to the previously announced 2020 security incident in which a cybercriminal removed a copy of a subset of data from the Company's self-housed environment (the "Security Incident"). When finalized, this settlement will fully resolve the previously disclosed FTC investigation relating to the Security Incident, which is further described in the FTC's complaint and proposed order. Under the terms of the FTC's proposed order, the Company has agreed to certain conditions, which are reflected in their entirety in the FTC's proposed order. As part of the FTC's proposed order, the Company has not been fined and is not otherwise required to make any payment. The Company has agreed to the FTC's proposed order without admitting or denying any of the allegations in the FTC's complaint, except as expressly stated otherwise in the FTC's proposed order. The foregoing description is qualified in its entirety by reference to the full text of the form of the FTC's proposed order attached hereto as Exhibit 99.2 and incorporated by reference herein.
Financial Statements and Exhibits
Financial Statements and Exhibits (d) Exhibits Exhibit No. Description 99.1 Press release dated February 2, 2024 announcing the FTC's proposed order. 99.2 Form of FTC's proposed order. 104 Cover page Interactive Data File (embedded within the Inline XBRL document).
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. BLACKBAUD, INC. Date February 2, 2024 /s/ Anthony W. Boor Anthony W. Boor Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer)