Klaviyo, Inc. Enters Material Definitive Agreement

Ticker: KVYO · Form: 8-K · Filed: 2025-05-16T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, filing

Related Tickers: KVYO

TL;DR

Klaviyo just signed a big deal, filing an 8-K on 5/16 for an event on 5/13.

AI Summary

On May 13, 2025, Klaviyo, Inc. entered into a material definitive agreement. The company, incorporated in Delaware with its principal executive offices in Boston, MA, filed this 8-K report on May 16, 2025. Specific details of the agreement are not provided in this excerpt.

Why It Matters

This filing indicates a significant new contract or partnership for Klaviyo, Inc., which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities, but the lack of specific details prevents a definitive risk assessment.

Key Numbers

Key Players & Entities

FAQ

What type of material definitive agreement did Klaviyo, Inc. enter into?

The provided excerpt does not specify the nature of the material definitive agreement.

Who is the counterparty to this material definitive agreement?

The counterparty to the agreement is not disclosed in this section of the filing.

What is the effective date of the material definitive agreement?

The earliest event reported, which is the entry into the agreement, occurred on May 13, 2025.

What is the significance of the filing date May 16, 2025?

May 16, 2025, is the date Klaviyo, Inc. filed this Form 8-K with the SEC.

Are there any financial implications mentioned for this agreement?

No specific financial terms or implications of the agreement are detailed in the provided text.

From the Filing

0001628280-25-026256.txt : 20250516 0001628280-25-026256.hdr.sgml : 20250516 20250516160753 ACCESSION NUMBER: 0001628280-25-026256 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 19 CONFORMED PERIOD OF REPORT: 20250513 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250516 DATE AS OF CHANGE: 20250516 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Klaviyo, Inc. CENTRAL INDEX KEY: 0001835830 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41806 FILM NUMBER: 25959210 BUSINESS ADDRESS: STREET 1: 125 SUMMER STREET, FLOOR 6 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 800-338-1744 MAIL ADDRESS: STREET 1: 125 SUMMER STREET, FLOOR 6 CITY: BOSTON STATE: MA ZIP: 02110 8-K 1 kvyo-20250513.htm 8-K kvyo-20250513 FALSE 0001835830 0001835830 2025-05-13 2025-05-13 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): May 13, 2025 Klaviyo, Inc. (Exact name of Registrant as specified in its charter) Delaware (State or other jurisdiction of incorporation or organization) 001-41806 (Commission File Number) 46-0989964 (I.R.S. Employer Identification Number) 125 Summer Street , 6th Floor , Boston , MA 02110 (Address of principal executive offices) (Zip Code) ( 617 ) 213-1788 (Registrant’s telephone number, including area code) 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 (see General Instruction A.2. below): ☐ 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 Series A common stock, par value $0.001 per share KVYO New York Stock Exchange 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. On May 14, 2025, Klaviyo, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, as representatives of the several underwriters (the “Underwriters”), and the selling stockholder, Andrew Bialecki, the Company’s Chief Executive Officer and co-founder. Pursuant to the terms of the Underwriting Agreement, Mr. Bialecki sold an aggregate of 10,969,078 shares (the “Shares”) of the Company’s Series A common stock, par value $0.001 per share (“Series A common stock”), to the Underwriters at a price per share of $32.8950 (the “Offering”). The Company did not receive any proceeds from the sale of the Shares by Mr. Bialecki. In

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