Business Context and Reporting Period
Company: SS&C Technologies Holdings Inc.
Filing Type: Form 8-K (Current Report)
Date of Report: June 17, 2015
Event: Commencement of an underwritten public offering of common stock.
Key Financial Metrics
This filing does not report historical financial performance metrics such as revenue, profit, cash flow, margins, or debt levels. The primary financial figure disclosed is the proposed capital raise:
- Offering Size: Up to $400 million in shares of common stock.
Material Changes
The material change reported is the initiation of a public equity offering. The filing indicates the Company intends to use the proceeds from this offering to consummate the acquisition of Advent Software, Inc.
Guidance, Outlook, and Risks
Management Commentary: The filing contains forward-looking statements regarding the ability to complete the offering, the anticipated use of proceeds, and the ability to consummate the Advent Software acquisition.
Risks and Contingencies: Management cautions that actual results may vary materially from forward-looking statements. Investors are directed to the 2014 Form 10-K and first quarter 2015 Form 10-Q for detailed risk factors. The Company disclaims any obligation to update these statements.
Investor Verification Checklist
- Verify the final terms and pricing of the $400 million underwritten public offering.
- Confirm the status and regulatory approval of the proposed acquisition of Advent Software, Inc.
- Review the 2014 Form 10-K and Q1 2015 Form 10-Q for historical financial data and specific risk factors not detailed in this 8-K.
- Monitor for updates on the actual use of proceeds once the offering is completed.