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EX-99.1 - EX-99.1 - SCIQUEST INCsqi-ex991_6.htm

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

February 25, 2016

 

SciQuest, Inc.

(Exact name of registrant as specified in its charter)

 

 

Delaware

 

001-34875

 

56-2127592

(State or other jurisdiction

of incorporation)

 

(Commission
File Number)

 

(IRS Employer

Identification Number)

 

3020 Carrington Mill Blvd., Suite 100,

Morrisville, North Carolina

 

27560

(Address of principal executive offices)

 

(Zip Code)

Registrant’s telephone number, including area code: (919) 659-2100

Not applicable

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

 

 


Item 8.01    Other Events.

On February 25, 2016, SciQuest, Inc. (the “Company”) issued a press release announcing its Board of Directors has approved a share repurchase program that enables the Company to repurchase up to $30 million of its outstanding common stock. The amount and timing of specific repurchases are subject to market conditions, applicable legal requirements and other factors. The share repurchase program is scheduled to expire on December 31, 2017, although purchases may be suspended or discontinued at any time prior to the expiration date.

 

Item 9.01.    Financial Statements and Exhibits.

(d)

Exhibits.

 

Exhibit
No.

  

Description

 

99.1

  

 

Press Release dated February 25, 2016

 

 

 

 

 

 

 


Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

SCIQUEST, INC.

 

Date: February 26, 2016

 

 

 

 

 

 

 

 

 

By:

 

    /s/ Stephen J. Wiehe

 

 

 

 

 

Stephen J. Wiehe

 

 

 

 

 

President and Chief Executive Officer

(Principal Executive Officer)

 

 

 

 


EXHIBIT INDEX

 

99.1

  

Press Release dated February 25, 2016