secwatch / observer
8-K filed January 31, 2023, 6:59 PM ET ticker CVLT CIK 0001169561
other material confidence low sentiment neutral materiality 0.70

Commvault sells HQ for $40M, issues Q3 earnings release (details not in filing text)

COMMVAULT SYSTEMS INC

item 1.01item 2.02item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

COMMVAULT SYSTEMS INC reported financial results for third fiscal quarter ended December 31, 2022.

Period
third fiscal quarter ended December 31, 2022
Result
reported results
Exact text from the filing
Item 2.02 Results of Operations and Financial Condition On January 31, 2023, Commvault issued a press release announcing its results for its third fiscal quarter ended December 31, 2022.
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Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

COMMVAULT SYSTEMS INC entered into Purchase and Sale Agreement with Ashling Development, LLC valued at $40,000,000 (effective 2023-01-31).

Action
entry
Agreement
asset purchase
Counterparty
Ashling Development, LLC
Value
$40,000,000
Effective
2023-01-31
Exact text from the filing
On January 31, 2023 Commvault System, Inc. (“Commvault”) and Ashling Development, LLC entered into a Purchase and Sale Agreement (the “Agreement”) for the sale of Commvault’s corporate headquarters located at One Commvault Way, Tinton Falls, New Jersey (the “Premises”) for a purchase price of $40,000,000.
View on SEC.gov

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COMMVAULT SYSTEMS INC filing history →

Source: SEC EDGAR
accession 0001169561-23-000010
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