Datadog Files 8-K: Agreements, Obligations, and Equity Sales

Ticker: DDOG · Form: 8-K · Filed: 2024-12-12T00:00:00.000Z

Sentiment: neutral

Topics: agreement, obligation, equity-sale

TL;DR

Datadog 8-K: New deals, old deals gone, new debt, stock sales. Watch closely.

AI Summary

On December 9, 2024, Datadog, Inc. entered into a Material Definitive Agreement, the specifics of which are detailed in the filing. The company also reported the termination of a Material Definitive Agreement and the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement. Additionally, the filing notes unregistered sales of equity securities and other events.

Why It Matters

This 8-K filing indicates significant corporate actions by Datadog, including changes in contractual agreements and financial obligations, which could impact its financial structure and operational landscape.

Risk Assessment

Risk Level: medium — The filing details material definitive agreements, terminations, financial obligations, and unregistered equity sales, all of which can carry inherent risks and require careful monitoring.

Key Numbers

Key Players & Entities

FAQ

What is the nature of the Material Definitive Agreement entered into by Datadog, Inc. on December 9, 2024?

The filing states that Datadog, Inc. entered into a Material Definitive Agreement on December 9, 2024, but the specific details of this agreement are not provided in the excerpt, only that it is a key item reported.

What specific financial obligation or off-balance sheet arrangement was created?

The filing indicates the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement, but the exact nature and terms of this obligation are not detailed in the provided text.

What was the reason for the termination of a Material Definitive Agreement?

The filing reports the termination of a Material Definitive Agreement, but the reasons or terms of this termination are not specified in the provided excerpt.

What were the circumstances surrounding the unregistered sales of equity securities?

The filing notes unregistered sales of equity securities by Datadog, Inc., but the details regarding the amount, price, or recipients of these sales are not included in the provided text.

Are there any other significant events reported in this 8-K filing besides agreements and financial obligations?

Yes, the filing also lists 'Other Events' and 'Financial Statements and Exhibits' as items being reported, in addition to the material agreements, obligations, and equity sales.

From the Filing

0001193125-24-277122.txt : 20241212 0001193125-24-277122.hdr.sgml : 20241212 20241212163825 ACCESSION NUMBER: 0001193125-24-277122 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 17 CONFORMED PERIOD OF REPORT: 20241209 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20241212 DATE AS OF CHANGE: 20241212 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Datadog, Inc. CENTRAL INDEX KEY: 0001561550 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 272825503 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39051 FILM NUMBER: 241545408 BUSINESS ADDRESS: STREET 1: 620 EIGHTH AVENUE, 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 BUSINESS PHONE: 866-329-4466 MAIL ADDRESS: STREET 1: 620 EIGHTH AVENUE, 45TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10018 8-K 1 d853741d8k.htm 8-K 8-K false 0001561550 0001561550 2024-12-09 2024-12-09     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): December 9, 2024     Datadog, Inc. (Exact name of Registrant as Specified in Its Charter)       Delaware   001-39051   27-2825503 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.)   620 8th Avenue , 45th Floor   New York , New York   10018 (Address of Principal Executive Offices)   (Zip Code) (866) 329-4466 (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:   ☐ 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 $0.00001 per share   DDOG   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 1.01 Entry into a Material Definitive Agreement. Indenture and Notes On December 12, 2024, Datadog, Inc. (the “Company”) completed its previously announced private offering (the “Offering”) of $1 billion aggregate principal amount of 0.00% Convertible Senior Notes due

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