secwatch.observer — SEC 8-K summary
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Issuer:     N-able, Inc. (NABL)
CIK:        0001834488
Form:       8-K
Filed at:   2021-07-12T23:59:59+00:00
Accession:  0001628280-21-013721
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 1.01, 2.02, 3.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

N-able prices $225M private placement at $10.91/share; preliminary Q2 revenue $85M, up 16% YoY
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- Private placement of 20.6M shares at $10.91; led by CPP Investments; closing July 19 before spin-off.
- Net proceeds ~$216M passed to SolarWinds for debt paydown or stockholder distribution; N-able retains none.
- Preliminary Q2 revenue $84.8M–$85.0M (+16% YoY); SolarWinds total revenue ~$261M (+6%), net loss ~$11M.
- Spin-off: SolarWinds distributes 1 N-able share per 2 SWI shares held July 12 record date, expected July 19.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834488/000162828021013721/0001628280-21-013721-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834488/000162828021013721/n-ableincx8xk.htm
  HTML page:      https://secwatch.observer/filing/0001628280-21-013721

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer