Freshworks Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Freshworks Inc. on July 27, 2023, with a report date of August 1, 2023. The filing primarily serves to announce the Company's financial results for the second quarter ended June 30, 2023, and to disclose a change in Board composition.
Key Financial Metrics
The filing references a press release (Exhibit 99.1) containing the detailed financial results for the second quarter ended June 30, 2023. This specific 8-K text does not provide explicit values for revenue, profit, cash flow, margins, debt, or liquidity. Investors must refer to the attached press release for these specific metrics.
Material Changes and Corporate Governance
The filing discloses the appointment of Frank Pelzer as a Class II director, effective July 27, 2023. His term will expire at the 2026 annual meeting of stockholders. Additionally, Mr. Pelzer was appointed to the Audit Committee, effective August 3, 2023. Mr. Pelzer brings significant experience as the former Executive Vice President and CFO of F5, Inc., and former President and COO of the Cloud Business Group at SAP.
Guidance, Outlook, and Risks
The text of this filing does not contain specific guidance, outlook, management commentary, or risk factors. These details are contained within the referenced press release dated August 1, 2023. The filing notes that the information in Item 2.02 and Item 9.01 is furnished and not deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934.
Key Facts for Investor Verification
- Verify the specific Q2 2023 financial results (revenue, net loss, cash position) in the attached press release (Exhibit 99.1) as they are not listed in this summary text.
- Confirm Frank Pelzer's background and potential conflicts of interest, noting his recent roles at F5, Inc. and SAP.
- Review the composition of the Audit Committee, which now includes Frank Pelzer, Randy Gottfried, and Zachary Nelson.
- Note that the financial data in this filing is furnished and not subject to the liabilities of Section 18 of the Exchange Act.