Zscaler, Inc. Enters Material Definitive Agreement

TL;DR

Zscaler just signed a big deal, could be good or bad, need more info.

AI Summary

On April 29, 2025, Zscaler, Inc. entered into a material definitive agreement and created a direct financial obligation. The filing does not specify the other party or the exact nature of the agreement or obligation, but it is a significant event for the company.

Why It Matters

This filing indicates Zscaler has entered into a significant agreement that likely involves financial commitments or obligations, which could impact its future financial performance and operations.

Risk Assessment

Risk Level: medium — The filing indicates a material definitive agreement and financial obligation, but lacks specific details, creating uncertainty about the precise impact.

Key Players & Entities

• Zscaler, Inc. (company) — Registrant
• April 29, 2025 (date) — Date of earliest event reported
• 120 Holger Way (location) — Principal executive offices address
• San Jose, California (location) — Principal executive offices city and state
• 95134 (location) — Principal executive offices zip code
• (408) 533-0288 (phone_number) — Registrant's telephone number

FAQ

From the Filing

0001713683-25-000057.txt : 20250505 0001713683-25-000057.hdr.sgml : 20250505 20250505161149 ACCESSION NUMBER: 0001713683-25-000057 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250429 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant FILED AS OF DATE: 20250505 DATE AS OF CHANGE: 20250505 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Zscaler, Inc. CENTRAL INDEX KEY: 0001713683 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology EIN: 261173892 STATE OF INCORPORATION: DE FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38413 FILM NUMBER: 25913062 BUSINESS ADDRESS: STREET 1: 120 HOLGER WAY CITY: SAN JOSE STATE: CA ZIP: 95134 BUSINESS PHONE: (408) 533-0288 MAIL ADDRESS: STREET 1: 120 HOLGER WAY CITY: SAN JOSE STATE: CA ZIP: 95134 8-K 1 zs-20250429.htm 8-K zs-20250429 FALSE 0001713683 0001713683 2025-04-29 2025-04-29 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) April 29, 2025 ___________________________________ Zscaler, Inc. (Exact name of registrant as specified in its charter) ___________________________________ Delaware (State or other jurisdiction of incorporation or organization) 001-38413 (Commission File Number) 26-1173892 (I.R.S. Employer Identification Number) 120 Holger Way San Jose , California 95134 (Address of principal executive offices and zip code) ( 408 ) 533-0288 (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 of which registered Common Stock, $0.001 Par Value ZS 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. Effective April 29, 2025, Zscaler, Inc. (the " Company ") entered into a sublease between the Company and Airbnb, Inc, dated April 24, 2025 (the " Sublease "). The effectiveness of the Sublease was conditioned upon obtaining the consent of the landlord to the Sublease. The properties subject to the Sublease are located at 4301 and 4401 Great America Parkway, Santa Clara, California and consist of up to an aggregate of approximately 301,000 square feet of rentable space. The term of the Sublease commences on September 1, 2026 and terminates on April 30, 2032. The total base rent, includin