Progress Software Files 8-K for Feb 27 Event
Ticker: PRGS · Form: 8-K · Filed: Feb 28, 2024 · CIK: 876167
Sentiment: neutral
Topics: 8-K Filing, Corporate Action, Regulatory Filing
Related Tickers: PRGS
TL;DR
**Progress Software filed an 8-K for an unspecified 'Other Event' on Feb 27, details pending.**
AI Summary
Progress Software Corporation filed an 8-K on February 28, 2024, to report an event that occurred on February 27, 2024. The filing indicates that it pertains to "Other Events" and includes "Financial Statements and Exhibits." However, the specific details of these events, including any associated dollar amounts or names of parties involved, are not provided in this excerpt.
Why It Matters
This filing signals that Progress Software Corporation had a reportable event on February 27, 2024, which could potentially impact its operations or financial standing. Investors will need to review the full filing to understand the specific nature and implications of the 'Other Events' and 'Financial Statements and Exhibits' mentioned.
Risk Assessment
Risk Level: medium — The provided text is a boilerplate 8-K header and does not contain specific event details, thus presenting no immediate discernible risk or opportunity from this excerpt alone.
Key Players & Entities
- PROGRESS SOFTWARE CORP /MA (company) — filer
- February 28, 2024 (date) — date of report
- February 27, 2024 (date) — date of earliest event reported
- Delaware (location) — state of incorporation
FAQ
What is the name of the company that filed this 8-K?
The company that filed this 8-K is PROGRESS SOFTWARE CORP /MA.
What was the date of the earliest event reported in this 8-K?
The earliest event reported in this 8-K occurred on February 27, 2024.
What is the filing type of this document?
This document is a Form 8-K, a Current Report.
What items of information are indicated in this 8-K filing?
The filing indicates "Other Events" and "Financial Statements and Exhibits" as item information.
Where is Progress Software Corporation's principal executive office located?
Progress Software Corporation's principal executive office is located at 15 Wayside Road, Suite 400, Burlington, Massachusetts 01803.
Filing Stats: 500 words · 2 min read · ~2 pages · Grade level 12.1 · Accepted 2024-02-28 06:05:24
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value per share PRGS The Nasdaq S
- $400 million — vate offering (the "Notes Offering") of $400 million aggregate principal amount of convertib
- $350 million — e previously announced offering size of $350 million. A copy of the press release is being f
Filing Documents
- e24057_prgs-8k.htm (8-K) — 29KB
- e24057_ex99-1.htm (EX-99.1) — 21KB
- image_001.jpg (GRAPHIC) — 6KB
- 0001552781-24-000053.txt ( ) — 236KB
- prgs-20240227.xsd (EX-101.SCH) — 3KB
- prgs-20240227_lab.xml (EX-101.LAB) — 34KB
- prgs-20240227_pre.xml (EX-101.PRE) — 22KB
- e24057_prgs-8k_htm.xml (XML) — 4KB
01 Other Events
Item 8.01 Other Events. On February 27, 2024, Progress Software Corporation (the "Company") issued a press release announcing that the Company had priced a private offering (the "Notes Offering") of $400 million aggregate principal amount of convertible senior notes due 2030 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The aggregate principal amount of the Notes Offering was increased from the previously announced offering size of $350 million. A copy of the press release is being furnished as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
01 Financial Statements
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Progress Software Corporation Press Release dated February 27, 2024 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 by the undersigned hereunto duly authorized. Progress Software Corporation Date: February 28, 2024 By: /s/ Yufan Stephanie Wang Name: Yufan Stephanie Wang Title: Chief Legal Officer