Cadence Design Systems Files 8-K/A to Correct Exhibit Error
Ticker: CDNS · Form: 8-K/A · Filed: 2024-04-23T00:00:00.000Z
Sentiment: neutral
Topics: amendment, filing-correction, disclosure
Related Tickers: CDNS
TL;DR
CDNS filed an amendment to fix a mistake in their last 8-K filing.
AI Summary
Cadence Design Systems, Inc. filed an amendment (8-K/A) on April 23, 2024, to its April 22, 2024, Current Report on Form 8-K. This amendment corrects an error in the exhibits previously furnished with the original 8-K filing.
Why It Matters
This filing indicates a procedural correction to a previous report, ensuring accuracy in the company's public disclosures.
Risk Assessment
Risk Level: low — The filing is a routine amendment to correct a minor error in exhibits, not indicative of new material risks.
Key Players & Entities
- CADENCE DESIGN SYSTEMS, INC. (company) — Registrant
- April 22, 2024 (date) — Date of earliest event reported
- April 23, 2024 (date) — Filing date of amendment
- 000-15867 (other) — SEC File Number
FAQ
What is the purpose of this 8-K/A filing?
This 8-K/A filing is an amendment to correct an error in the exhibits furnished with the original Form 8-K filed on April 22, 2024.
What company is filing this amendment?
Cadence Design Systems, Inc. is filing this amendment.
When was the original Form 8-K filed?
The original Form 8-K was filed on April 22, 2024.
What is the accession number for this filing?
The accession number for this filing is 0000813672-24-000091.
What is the principal executive office address for Cadence Design Systems?
The principal executive offices are located at 2655 Seely Avenue, San Jose, California 95134.
Filing Stats: 509 words · 2 min read · ~2 pages · Grade level 10 · Accepted 2024-04-23 17:17:10
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share CDNS Nasdaq Global
Filing Documents
- cdns-20240422.htm (8-K/A) — 26KB
- 0000813672-24-000091.txt ( ) — 151KB
- cdns-20240422.xsd (EX-101.SCH) — 2KB
- cdns-20240422_lab.xml (EX-101.LAB) — 22KB
- cdns-20240422_pre.xml (EX-101.PRE) — 13KB
- cdns-20240422_htm.xml (XML) — 3KB
02. Results of Operations and Financial Condition
Item 2.02. Results of Operations and Financial Condition. On April 22, 2024, Cadence issued a press release announcing its financial results for the quarter ended March 31, 2024, posted a document entitled "CFO Commentary" regarding the results on its website, and held a webcast to discuss the results. Copies of the press release and the CFO Commentary were attached to the Form 8-K as Exhibit 99.01 and Exhibit 99.02, respectively. Cadence subsequently discovered that the press release, the CFO Commentary and prepared remarks for the webcast contained an error in that they incorrectly characterized Cadence's bookings in the first quarter of fiscal 2024 as record first quarter bookings. Cadence's bookings in the first quarter of fiscal 2024 were Cadence's second highest first quarter bookings.
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. Dated: April 23, 2024 CADENCE DESIGN SYSTEMS, INC. By: /s/ John M. Wall John M. Wall Senior Vice President and Chief Financial Officer