Snowflake Reports Financials and Executive Changes in 8-K Filing

Ticker: SNOW · Form: 8-K · Filed: 2024-02-28T00:00:00.000Z

Sentiment: mixed

Topics: financial-results, executive-changes, 8-K

TL;DR

**Snowflake just dropped an 8-K detailing financials and executive shifts, so keep an eye on their stock!**

AI Summary

Snowflake Inc. filed an 8-K on February 28, 2024, reporting on its results of operations and financial condition, as well as the departure or election of certain officers and their compensatory arrangements. The earliest event reported was February 27, 2024. The filing also included financial statements and exhibits, indicating a focus on recent financial performance and executive changes.

Why It Matters

This filing provides investors with crucial updates on Snowflake's financial health and leadership, which can significantly influence stock performance and future strategic direction.

Risk Assessment

Risk Level: medium — The filing mentions 'Departure of Directors or Certain Officers,' which can introduce uncertainty regarding leadership stability and future company direction.

Key Players & Entities

FAQ

What was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was February 27, 2024.

What items of information were included in this 8-K filing?

The 8-K filing included information on Results of Operations and Financial Condition, Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers, and Financial Statements and Exhibits.

What is the Commission File Number for Snowflake Inc. as stated in the filing?

The Commission File Number for Snowflake Inc. is 001-39504.

Where is Snowflake Inc.'s principal executive office located according to the filing?

Snowflake Inc.'s principal executive office is located at Suite 3A, 106 East Babcock Street, Bozeman, Montana 59715.

What is the business phone number for Snowflake Inc. as listed in the filing?

The business phone number for Snowflake Inc. is (844) 766-9355.

From the Filing

0001640147-24-000031.txt : 20240228 0001640147-24-000031.hdr.sgml : 20240228 20240228160933 ACCESSION NUMBER: 0001640147-24-000031 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20240227 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Snowflake Inc. CENTRAL INDEX KEY: 0001640147 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 460636374 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39504 FILM NUMBER: 24695401 BUSINESS ADDRESS: STREET 1: 106 EAST BABCOCK STREET STREET 2: SUITE 3A CITY: BOZEMAN STATE: MT ZIP: 59715 BUSINESS PHONE: 844-766-9355 MAIL ADDRESS: STREET 1: 106 EAST BABCOCK STREET STREET 2: SUITE 3A CITY: BOZEMAN STATE: MT ZIP: 59715 FORMER COMPANY: FORMER CONFORMED NAME: Snowflake Computing, Inc. DATE OF NAME CHANGE: 20150421 8-K 1 snow-20240227.htm 8-K snow-20240227 0001640147 false 0001640147 2024-02-27 2024-02-27 0001640147 dei:FormerAddressMember 2024-02-27 2024-02-27 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): February 27, 2024 SNOWFLAKE INC. (Exact name of registrant as specified in its charter) Delaware 001-39504 46-0636374 (State or other jurisdiction of incorporation or organization) (Commission File Number) (IRS Employer Identification No.) Suite 3A, 106 East Babcock Street 59715 Bozeman, Montana (Address of Principal Executive Offices) 1 (Zip Code) ( 844 ) 766-9355 (Registrant's telephone number, including area code) Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class A Common Stock, $0.0001 par value SNOW The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ 1 The Company is a Delaware corporation with a globally distributed workforce and no corporate headquarters. Under the Securities and Exchange Commission's rules, the Company is required to designate a “principal executive office.” For purposes of this report, it has designated its office in Bozeman, Montana as its principal executive office. Item 2.02 Results of Operations and Financial Condition. On February 28, 2024, Snowflake Inc. (the “ Company ”) issued a press release ann

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