Okta Files 8-K on Financial Condition and Operations

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

Sentiment: neutral

Topics: financial-condition, regulation-fd, corporate-filing

TL;DR

**Okta just dropped an 8-K on its financials and operations, so keep an eye out for details!**

AI Summary

Okta, Inc. filed an 8-K on February 28, 2024, reporting on its results of operations and financial condition, as well as Regulation FD Disclosure. The filing indicates that the earliest event reported was also on February 28, 2024. This report was filed under the Securities Exchange Act of 1934, with the company's principal executive offices located at 100 First Street, Suite 600, San Francisco, California 94105.

Why It Matters

This filing provides an update on Okta's financial performance and operational status, offering transparency to investors and the market regarding the company's health.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of financial results and operations, not indicating any specific new risks.

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by Okta, Inc.?

The 8-K filing by Okta, Inc. reports on the company's results of operations and financial condition, and includes Regulation FD Disclosure, as stated in the 'ITEM INFORMATION' sections.

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

The earliest event reported in this 8-K filing was on February 28, 2024, as indicated by 'Date of Report (date of earliest event reported) February 28, 2024'.

What is Okta, Inc.'s Commission File Number?

Okta, Inc.'s Commission File Number is 001-38044, as specified in the filing.

Where are Okta, Inc.'s principal executive offices located?

Okta, Inc.'s principal executive offices are located at 100 First Street, Suite 600, San Francisco, California 94105, according to the filing.

Under which act was this current report filed?

This current report was filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

From the Filing

0001660134-24-000019.txt : 20240228 0001660134-24-000019.hdr.sgml : 20240228 20240228160231 ACCESSION NUMBER: 0001660134-24-000019 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240228 ITEM INFORMATION: Results of Operations and Financial Condition ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240228 DATE AS OF CHANGE: 20240228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Okta, Inc. CENTRAL INDEX KEY: 0001660134 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 264175727 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38044 FILM NUMBER: 24695073 BUSINESS ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 888-722-7871 MAIL ADDRESS: STREET 1: 100 FIRST STREET STREET 2: SUITE 600 CITY: SAN FRANCISCO STATE: CA ZIP: 94105 8-K 1 okta-20240228.htm 8-K okta-20240228 false 0001660134 0001660134 2024-02-28 2024-02-28 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 28, 2024 ___________________________________ Okta, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware 001-38044 26-4175727 (State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. Employer Identification Number) 100 First Street, Suite 600 San Francisco , California 94105 (Address of principal executive offices) ( 888 ) 722-7871 (Registrant's telephone number, including area code) ___________________________________ ___________________________________ (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: ☐ 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, par value $0.0001 per share OKTA The Nasdaq Stock Market LLC 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. ☐ Item 2.02 - Results of Operations and Financial Condition On February 28, 2024, Okta, Inc. (the "Company") issued a press release announcing its financial results for the fiscal quarter and year ended January 31, 2024. A copy of the press release is attached as Exhibit 99.1. Item 7.01 - Regulation FD Disclosures On February 28, 2024, the Company posted supplemental investor materials on its investor.okta.com website. The Company uses its investor.okta.com website and okta.com/blog websites (including the Security Blog, Okta Developer Blog and Auth0 Developer Blog) as a mea

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