PERFICIENT, INC. (NASDAQ:PRFT) Files An 8-K Other EventsITEM 8.01 OTHER EVENTS.
On September 5, 2018, Perficient, Inc. (“Perficient”) issued a press release announcing the pricing of its private offering of $125 million aggregate principal amount of 2.375% Convertible Senior Notes due 2023 (the “Notes”). The Company also granted the initial purchasers of the Notes the option to purchase additional Notes in an aggregate principal amount of up to $18.75 million. A copy of the press release is attached as Exhibit99.1 to this Current Report on Form 8-K and is incorporated by reference into this Item 8.01.
In connection with the issuance of the Notes, Perficient’s Board of Directors expanded Perficient’s previously disclosed stock repurchase program by authorizing the repurchase of up to an additional $75 million of Perficient common stock for a total repurchase program of $235 million. The program expires December 31, 2019. Since the program’s inception in 2008, Perficient has repurchased a total of 12.9 million shares at a cost of $146.6 million.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Perficient, Inc. Press Release,dated September 5, 2018
PERFICIENT INC ExhibitEX-99.1 2 prfpressrelease_pricing.htm PERFICIENT,…To view the full exhibit click
About PERFICIENT, INC. (NASDAQ:PRFT)
Perficient, Inc. is an information technology and management consulting firm. The Company designs, builds and delivers business-driven technology solutions using third-party software products. Its solutions include big data and analytics, technology platform implementations, commerce, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, content management (CM), business process management (BPM), and customer relationship management (CRM), among others. It provides services primarily to the healthcare (including pharma and life sciences), financial services (including banking and insurance), retail and consumer goods, automotive and transport products, electronics and computer hardware, telecommunications, manufacturing, energy and utilities, business services, and leisure, and media and entertainment markets, among others.