TELENAV, INC. (NASDAQ:TNAV) Files An 8-K Regulation FD Disclosure
Item 7.01
On September 5, 2019, following the issuance of a press release by General Motors (GM) announcing plans to introduce new in-vehicle technology to its vehicles beginning in 2021, members of Telenav, Inc.s (Telenavs or the Companys) management team conducted one-on-one telephone calls with three securities analysts and one of Telenavs largest stockholders. On these calls, management remarked as follows:
On September 5, 2019, the Company also issued a press release, in which the Company reaffirmed its guidance previously issued on August 8, 2019 and provided a business update. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
The information in this Current Report on Form 8-K under this Item 7.01 (including Exhibit 99.1 hereto) is being furnished and shall not be deemed to be filed for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Forward Looking Statements
This Current Report on Form 8-K contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to anticipated financial performance, managements plans and objectives for future operations, business prospects, market penetration, and other matters. Any forward-looking statement made in this filing speaks only as of the date on which it is made. Telenav undertakes no obligation to publicly update or revise any