Qumu Corporation (NASDAQ:QUMU) Files An 8-K Entry into a Material Definitive Agreement

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Qumu Corporation (NASDAQ:QUMU) Files An 8-K Entry into a Material Definitive Agreement
ITEM 1.01

ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.

As previously reported, on January 12, 2018, Qumu Corporation (the “Company”) issued a warrant to purchase 925,000 shares of its common stock (the “Warrant”) to ESW Holdings, Inc. (“ESW Holdings”) in connection with a term loan credit agreement.

On February 28, 2018, the Company and ESW Holdings entered into an Amended and Restated Warrant attached hereto as Exhibit 10.1 to reflect amendments that provide that the number of shares of common stock issuable upon exercise the Warrant may not be increased in excess of 1,878,049 shares due to anti-dilution adjustments.

The foregoing summary of the Amended and Restated Warrant does not purport to be complete and is subject to and qualified in its entirety by reference to the Amended and Restated Warrant, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS.


Qumu Corp Exhibit
EX-10.1 2 ex101warrant_nox2r.htm AMENDED AND RESTATED WARRANT Exhibit EXHIBIT 10.1NEITHER THIS WARRANT NOR THE SECURITIES FOR WHICH THIS WARRANT IS EXERCISABLE HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933,…
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About Qumu Corporation (NASDAQ:QUMU)

Qumu Corporation (Qumu) is an enterprise video content management software company. The Company is engaged in providing tools businesses need to create, manage, secure, deliver and measure their videos. The Company operates through the enterprise video content management software business segment. Its video content management software solutions allow organizations to create, capture, organize and deliver content across the extended enterprise to a range of end points, including mobile devices and thick or thin clients. Qumu’s video platform supports both live and on-demand streaming. The Qumu platform is a video content management software solution that can be deployed as a perpetual software license, a term software license or a cloud-hosted software as a service (SaaS). Qumu Capture Studio is a portable software-enabled device that records, edits and publishes video and presentation content.