8-K
BLACKBAUD INC (BLKB)
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): October 29, 2020
Blackbaud, Inc.
(Exact name of registrant as specified in its charter)
| Delaware | 000-50600 | 11-2617163 |
|---|---|---|
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer ID Number) |
65 Fairchild Street, Charleston, South Carolina 29492
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (843) 216-6200
| 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, $0.001 Par Value | BLKB | Nasdaq Global Select Market |
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 7.01. Regulation FD Disclosure.
On October 29, 2020, Blackbaud, Inc. (the “Company”) issued a press release reporting that it was unable to hold its third quarter 2020 earnings conference call at the originally scheduled time due to a network outage impacting the conference call provider. On October 29, 2020, the Company issued a second press release reporting that it had rescheduled its third quarter 2020 earnings conference call for October 30, 2020. A copy of both press releases are attached hereto as Exhibit 99.1 and Exhibit 99.2.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
The following exhibits are filed with this current report:
| Exhibit No. | Description |
|---|---|
| 99.1 | Press release of Blackbaud, Inc. dated October 29, 2020. |
| 99.2 | Press release of Blackbaud, Inc. dated October 29, 2020. |
| 101.INS | Inline XBRL Instance Document - the Instance Document does not appear in the interactive data file because its XBRL tags are embedded within the Inline XBRL Document. |
| 101.SCH | Inline XBRL Taxonomy Extension Schema Document. |
| 101.CAL | Inline XBRL Taxonomy Extension Calculation Linkbase Document. |
| 101.DEF | Inline XBRL Taxonomy Extension Definition Linkbase Document. |
| 101.LAB | Inline XBRL Taxonomy Extension Label Linkbase Document. |
| 101.PRE | Inline XBRL Taxonomy Extension Presentation Linkbase Document. |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BLACKBAUD, INC. | ||
|---|---|---|
| Date: | October 29, 2020 | /s/ Anthony W. Boor |
| Anthony W. Boor | ||
| Executive Vice President and Chief Financial Officer | ||
| (Principal Financial and Accounting Officer) |
Document
| Exhibit 99.1 | |
|---|---|
| PRESS RELEASE |
Blackbaud Announces Update Regarding Third Quarter 2020 Earnings Call
Charleston, S.C. (October. 29, 2020) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, announced today that the company was unable to hold its conference call to discuss third quarter results at the originally scheduled time due to a network outage impacting the conference call provider. If the issue is not resolved by 9:00 a.m. ET Blackbaud will reschedule the call.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
Blackbaud Investor Contact
Steve Hufford
Director, Investor Relations
843.654.2655
steve.hufford@blackbaud.com
Document
| Exhibit 99.2 | |
|---|---|
| PRESS RELEASE |
Blackbaud Announces Rescheduled Third Quarter 2020 Earnings Call
Charleston, S.C. (October. 29, 2020) — Blackbaud, Inc. (NASDAQ: BLKB), the world’s leading cloud software company powering social good, announced today that the company had to postpone its conference call to discuss third quarter results due to a network outage impacting the conference call provider. The conference call will now be held on Friday, October 30 at 8:00 a.m. ET to discuss the company’s financial results.
| Event: | Blackbaud’s Third Quarter 2020 Financial Results Conference Call |
|---|---|
| Date: | Friday, October 30 |
| Time: | 8:00 a.m. ET |
| Live Webcast: | Investor.blackbaud.com |
| Live Dial-In: | 1-833-665-0686 |
| Conference ID: | 8870188 |
The webcast will be archived on Blackbaud’s investor webpage following the call.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the world's leading cloud software company powering social good. Serving the entire social good community—nonprofits, higher education institutions, K–12 schools, healthcare organizations, faith communities, arts and cultural organizations, foundations, companies and individual change agents—Blackbaud connects and empowers organizations to increase their impact through cloud software, services, expertise and data intelligence. The Blackbaud portfolio is tailored to the unique needs of vertical markets, with solutions for fundraising and CRM, marketing, advocacy, peer-to-peer fundraising, corporate social responsibility, school management, ticketing, grantmaking, financial management, payment processing and analytics. Serving the industry for more than three decades, Blackbaud is headquartered in Charleston, South Carolina, and has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom. For more information, visit www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
Blackbaud Investor Contact
Steve Hufford
Director, Investor Relations
843.654.2655
steve.hufford@blackbaud.com