BLUCORA, INC. (NASDAQ:BCOR) Files An 8-K Termination of a Material Definitive AgreementItem 1.02. Termination of Material Definitive Agreement
BLUCORA, INC. (NASDAQ:BCOR) Files An 8-K Termination of a Material Definitive Agreement
On June 5, 2017, Blucora, Inc. (the “Company”), to a notice delivered on April 21, 2017, redeemed $172,827,000 in principal amount of its 4.25% Convertible Senior Notes due 2019 (“Convertible Notes”), constituting all of the Convertible Notes then outstanding.
The Convertible Notes were issued under an Indenture dated as of March 15, 2013 (the “Indenture”) between the Company and The Bank of New York Mellon Trust Company, N.A., as Trustee (“Trustee”). Upon the redemption of the Convertible Notes, the Indenture has been discharged with respect to the Convertible Notes, and all obligations thereunder have been terminated, other than obligations for compensation of the Trustee.
About BLUCORA, INC. (NASDAQ:BCOR)
Blucora, Inc. is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through two segments: the Wealth Management, which consists of the HD Vest, Inc. (HD Vest) business, and the Tax Preparation, which consists of the TaxAct, Inc. (TaxAct) business. Its Wealth Management segment distributes products and services through financial advisors. HD Vest provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients. Its Tax Preparation segment provides digital do-it-yourself tax preparation solutions for consumers, small business owners and tax professionals. TaxAct provides digital tax preparation solutions. It also offers a range of tax preparation solutions and online lead generation capabilities to enable the filing of over 60 million federal consumer tax returns.
Blucora, Inc. is a provider of technology-enabled financial solutions to consumers, small business owners and tax professionals. The Company operates through two segments: the Wealth Management, which consists of the HD Vest, Inc. (HD Vest) business, and the Tax Preparation, which consists of the TaxAct, Inc. (TaxAct) business. Its Wealth Management segment distributes products and services through financial advisors. HD Vest provides financial advisors with an integrated platform of brokerage, investment advisory and insurance services to assist in making each financial advisor a financial service center for his/her clients. Its Tax Preparation segment provides digital do-it-yourself tax preparation solutions for consumers, small business owners and tax professionals. TaxAct provides digital tax preparation solutions. It also offers a range of tax preparation solutions and online lead generation capabilities to enable the filing of over 60 million federal consumer tax returns.