SailPoint, Inc. Enters Material Definitive Agreement

Ticker: SAIL · Form: 8-K · Filed: 2025-06-26T00:00:00.000Z

Sentiment: neutral

Topics: material-definitive-agreement, financial-obligation

TL;DR

SailPoint just signed a big deal, creating new financial obligations. Details in exhibits.

AI Summary

On June 25, 2025, SailPoint, Inc. entered into a material definitive agreement, likely related to financing or a significant business transaction. The filing also indicates the creation of a direct financial obligation or an off-balance sheet arrangement for the registrant. Specific details of the agreement and the financial obligations are expected to be further elaborated in the accompanying exhibits.

Why It Matters

This filing signals a significant new financial commitment or strategic partnership for SailPoint, Inc., which could impact its future operations and financial standing.

Risk Assessment

Risk Level: medium — The creation of a material definitive agreement and financial obligations suggests potential new risks and commitments for the company that are not yet fully detailed.

Key Players & Entities

SailPoint, Inc. (company) — Registrant
June 25, 2025 (date) — Date of earliest event reported

FAQ

What is the nature of the material definitive agreement entered into by SailPoint, Inc.?

The filing states that SailPoint, Inc. entered into a material definitive agreement on June 25, 2025. Specific details are expected to be found in the exhibits.

What type of financial obligation has SailPoint, Inc. created?

SailPoint, Inc. has created a direct financial obligation or an obligation under an off-balance sheet arrangement, as reported on June 25, 2025.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing occurred on June 25, 2025.

What is SailPoint, Inc.'s state of incorporation and fiscal year end?

SailPoint, Inc. is incorporated in Delaware and its fiscal year ends on January 31.

What is the SEC file number for SailPoint, Inc.'s 8-K filing?

The SEC file number for this 8-K filing by SailPoint, Inc. is 001-42522.

From the Filing

0001213900-25-058442.txt : 20250626 0001213900-25-058442.hdr.sgml : 20250626 20250626170122 ACCESSION NUMBER: 0001213900-25-058442 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250625 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 ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20250626 DATE AS OF CHANGE: 20250626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SailPoint, Inc. CENTRAL INDEX KEY: 0002030781 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology EIN: 882001765 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42522 FILM NUMBER: 251081168 BUSINESS ADDRESS: STREET 1: 11120 FOUR POINTS DRIVE STREET 2: SUITE 100 CITY: AUSTIN STATE: TX ZIP: 78726 BUSINESS PHONE: (512) 346-2000 MAIL ADDRESS: STREET 1: 11120 FOUR POINTS DRIVE STREET 2: SUITE 100 CITY: AUSTIN STATE: TX ZIP: 78726 FORMER COMPANY: FORMER CONFORMED NAME: SailPoint Parent, LP DATE OF NAME CHANGE: 20240717 8-K 1 ea0247054-8k_sailpoint.htm CURRENT REPORT false 0002030781 0002030781 2025-06-25 2025-06-25 iso4217:USD xbrli:shares iso4217:USD xbrli:shares     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): June 25, 2025       SailPoint, Inc. (Exact name of registrant as specified in its charter)       Delaware   001-42522   88-2001765 (State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)   11120 Four Points Drive , Suite 100 Austin , Texas   78726 (Address of principal executive offices)   (Zip Code)   Registrant’s telephone number, including area code: ( 512 ) 346-2000   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 Common stock, par value $0.0001 per share   SAIL   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.   On June 25, 2025 (the “Closing Date”), SailPoint Technologies, Inc. (“STI”) and SailPoint Technologies Intermediate Holdings, LLC (“Holdings”), both of which are wholly owned subsidiaries