Business Context and Reporting Period
Company: SS&C Technologies Holdings Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: March 13, 2013
Event: Entry into a Material Definitive Agreement regarding a secondary offering of common stock.
Key Financial Metrics
This filing does not report operational financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on a capital transaction.
| Metric | Value |
|---|---|
| Shares Sold (Secondary Offering) | 7,750,000 |
| Price Per Share | $25.80 |
| Total Proceeds (Gross) | $200,000,000 (Calculated) |
| Underwriter | Barclays Capital Inc. |
Material Changes
The primary material change is the execution of an underwriting agreement for a secondary offering. The proceeds from this transaction will go to the Selling Stockholders, not the Company.
- Selling Stockholders: Carlyle Partners IV, L.P., CP IV Coinvestment, L.P., and William C. Stone (Chairman and CEO).
- Transaction Nature: Sale of existing shares by major shareholders; no new equity is being issued by the Company.
Guidance, Outlook, and Risks
The filing does not contain updated financial guidance, management commentary on future operations, or specific risk factors beyond the standard disclosure of the underwriting agreement. The document references press releases (Exhibits 99.1 and 99.2) for further details on the pricing and announcement of the offering.
Investor Verification Checklist
- Verify the final closing date and actual settlement of the 7,750,000 shares.
- Confirm the post-offering ownership percentages of Carlyle Partners and William C. Stone.
- Review the full Underwriting Agreement (Exhibit 1.1) for lock-up provisions or indemnity clauses.
- Check subsequent filings to ensure no additional secondary sales were executed concurrently.