Item 2.05 Costs Associated with Exit or Disposal Activities.
On
The Company expects to incur charges in the fourth quarter of the Company's
fiscal 2023 of approximately
The estimates of the charges and expenditures that the Company expects to incur in connection with the Plan, and the timing thereof, are subject to a number of assumptions, including local law requirements in various jurisdictions, and actual amounts may differ materially from estimates. In addition, the Company may incur other charges or cash expenditures not currently contemplated in connection with the implementation of the Plan.
Forward-Looking Statements
This Current Report on Form 8-K contains forward-looking statements, including
but not limited to statements related to expected benefits of and timing of
completion of the Plan and the expected costs and charges of the Plan.
Forward-looking statements generally include actions, events, results,
strategies and expectations and are often identifiable by use of the words
"believes," "expects," "intends," "anticipates," "plans," "seeks," "estimates,"
"projects," "may," "will," "could," "might," or "continues" or similar
expressions. Any forward-looking statements contained are based upon nCino's
historical performance and its current plans, estimates, and expectations, and
are not a representation that such plans, estimates, or expectations will be
achieved. These forward-looking statements represent nCino's expectations as of
the date of this Current Report on Form 8-K. Subsequent events may cause these
expectations to change and, except as may be required by law, nCino does not
undertake any obligation to update or revise these forward-looking statements.
These forward-looking statements are subject to known and unknown risks and
uncertainties that may cause actual results to differ materially including,
among others, risks and uncertainties relating to the market adoption of our
solution and privacy and data security matters. Additional risks and
uncertainties that could affect nCino's business and financial results are
included in reports filed by nCino with the
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Chief Financial Officer Transition
On
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Officer and Secretary from
There are no arrangements or understandings between
In connection with
Item 7.01 Regulation FD Disclosure.
On
The information set forth in this Item 7.01 of this Current Report on Form 8-K and the accompanying Exhibit 99.1 shall not be deemed "filed" for 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 in any filing under the Securities Act or the Exchange Act, regardless of any general incorporation language in such filing, unless expressly incorporated by reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits Exhibit No. Description Press release ofnCino, Inc. datedJanuary 18, 2023 (furnished and not 99.1 filed). 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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