Cerence Inc. Terminates Material Definitive Agreement
Ticker: CRNC · Form: 8-K · Filed: 2024-12-23T00:00:00.000Z
Sentiment: neutral
Topics: agreement-termination, regulation-fd, filing
TL;DR
Cerence Inc. terminated a key deal, filing an 8-K on Dec 23, 2024.
AI Summary
On December 23, 2024, Cerence Inc. filed an 8-K to report the termination of a material definitive agreement. The filing also includes information related to Regulation FD disclosures and other events, along with financial statements and exhibits.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, financial standing, and future strategic direction.
Risk Assessment
Risk Level: medium — Termination of a material definitive agreement often signals significant business challenges or strategic shifts that could affect the company's future performance.
Key Players & Entities
- Cerence Inc. (company) — Registrant
- December 23, 2024 (date) — Date of earliest event reported
FAQ
What specific material definitive agreement was terminated by Cerence Inc.?
The filing does not specify the exact name or details of the material definitive agreement that was terminated.
What is the significance of the Regulation FD Disclosure mentioned in the filing?
Regulation FD (Fair Disclosure) ensures that material non-public information is disclosed broadly to all investors, preventing selective disclosure.
What does the 'Other Events' section typically cover in an 8-K filing?
The 'Other Events' section is used to report material events that do not fit into the other specific categories of an 8-K filing.
When was Cerence Inc. incorporated, and in which state?
Cerence Inc. was incorporated in Delaware.
What is the principal executive office address for Cerence Inc.?
The principal executive offices are located at 25 Mall Road, Suite 416, Burlington, Massachusetts 01803.
Filing Stats: 594 words · 2 min read · ~2 pages · Grade level 10.7 · Accepted 2024-12-23 16:37:00
Key Financial Figures
- $0.01 — nge on which registered Common stock, $0.01 par value CRNC The NASDAQ Stock Mar
- $27 million — pany agreed to repurchase approximately $27 million aggregate principal amount of Notes fro
Filing Documents
- d915960d8k.htm (8-K) — 27KB
- d915960dex991.htm (EX-99.1) — 10KB
- g915960g1223204520689.jpg (GRAPHIC) — 2KB
- 0001193125-24-284230.txt ( ) — 164KB
- crnc-20241223.xsd (EX-101.SCH) — 3KB
- crnc-20241223_lab.xml (EX-101.LAB) — 18KB
- crnc-20241223_pre.xml (EX-101.PRE) — 11KB
- d915960d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Press Release issued by Cerence Inc. on December 23, 2024 (furnished herewith) 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 on its behalf by the undersigned thereunto duly authorized. Cerence Inc. Date: December 23, 2024 By: /s/ Brian Krzanich Name: Brian Krzanich Title: Chief Executive Officer