Sumo Logic Inc.
01/30/2023 | Press release | Distributed by Public on 01/30/2023 15:04
Material Agreement - Form 8-K
sumo-20230124
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): January 24, 2023
___________________
Sumo Logic, Inc.
(Exact name of registrant as specified in its charter)
___________________
| Delaware | 001-39502 | 27-2234444 |
|
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
|
305 Main Street
Redwood City, California94063
|
||
| (Address of principal executive offices, including zip code) | ||
|
(650) 810-8700
|
||
| (Registrant's telephone number, including area code) | ||
| 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 | SUMO |
The Nasdaq Stock Market LLC
(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 1.01 Entry into a Material Definitive Agreement.
On January 24, 2023, Sumo Logic, Inc., a Delaware corporation (the "Company" and "Sumo Logic") entered into a Sublease Agreement with Delphix Corp., a Delaware corporation (the "Sublease") with respect to the Company's rental of office space located at 855 Main Street, Redwood City, California 94063.
The term of the Sublease is February 1, 2023 through May 31, 2027 (the "Term") and is for 24,337 square feet. Under the Sublease, the Company is obligated to pay fixed monthly rent over the Term totaling approximately $10.6 million.
The description of the Sublease set forth herein does not purport to be complete and is qualified in its entirety by reference to the full text thereof, a copy of which will be filed as an exhibit to the Company's next applicable periodic report or registration statement.
Item 2.03 Creation of a Direct Financial Obligation or an Off-Balance Sheet Arrangement of a Registrant.
The information set forth under Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference.
SIGNATURE
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.
| SUMO LOGIC, INC. | ||
|
Date: January 30, 2023
|
By: | /s/ Stewart Grierson |
| Name: | Stewart Grierson | |
| Title: | Chief Financial Officer | |
| (Principal Financial Officer) |