MODEL N, INC. (NYSE:MODN) Files An 8-K Other Events

On May 19, 2020, Model N, Inc. (“Model N”) issued a press release announcing that it proposed to offer, subject to market conditions and other factors, $150.0 million aggregate principal amount of Convertible Senior Notes due 2025 in a private placement to qualified institutional buyers (“QIBs”) to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”).

Also on May 19, 2020, Model N issued a press release announcing the pricing of its offering of $150.0 million aggregate principal amount of 2.625% Convertible Senior Notes due 2025 (the “Notes”) in a private placement to QIBs to Rule 144A under the Securities Act. Model N also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $22.5 million aggregate principal amount of Notes.

Copies of the press releases announcing the proposed offering of the Notes and the pricing of the offering of the Notes are attached hereto as Exhibits 99.1 and 99.2, respectively, and are incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

MODEL N, INC. Exhibit
EX-99.1 2 modnex991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1MODEL N ANNOUNCES PROPOSED OFFERING OF $150.0 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2025SAN MATEO,…
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About MODEL N, INC. (NYSE:MODN)

Model N, Inc. is a provider of revenue management solutions for life science and technology companies. The Company’s solutions enable its customers to maximize revenues and reduce revenue compliance risk by transforming their revenue life cycle from a series of tactical, disjointed operations into a strategic end-to-end process. The Company’s solutions include Revenue Enterprise Cloud, Revenue Intelligence Cloud and Revvy Revenue Management. The Company provides solutions that span the organizational and operational boundaries of functions, such as sales, marketing and finance, and serve as a system of record for revenue management processes, including pricing, contracts, rebates, incentives and regulatory compliance. The Company’s application suites are designed to work with enterprise resource planning (ERP) and customer relationship management (CRM) applications. The Company also offers implementation services, managed services, strategic services and customer support.