secwatch.observer — SEC 8-K summary
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Issuer:     C3.ai, Inc. (AI)
CIK:        0001577526
Form:       8-K
Filed at:   2025-08-11T23:59:59+00:00
Accession:  0001628280-25-039359
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

C3 AI preliminary Q1 revenue ~$70M, GAAP loss ~$125M; CEO says sales 'unacceptable,' health issues; CEO search underway
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- Preliminary Q1 revenue $70.2M-$70.4M; GAAP loss from ops ~$124.8M; non-GAAP loss ~$57.8M; cash $711.9M.
- CEO Siebel says sales results in Q1 'completely unacceptable'; cites disruption from reorganization and his health issues (multiple hospitalizations, vision impairment).
- Restructured sales and services org; new leaders: Rob Schilling as EVP/Chief Commercial Officer, John Kitchingman GM EMEA, Jeff Cosseboom, Lars Farnstrom.
- Actively searching for successor CEO; Siebel says health improved, fully engaged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1577526/000162828025039359/0001628280-25-039359-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1577526/000162828025039359/ai-20250808.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-039359

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