Synchronoss Technologies Inc. filed SEC Form 8-K: Other Events, Financial Statements and Exhibits
$SNCR
EDP Services
Technology
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of report: July 24, 2025
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Item 8.01. | Other Events. | ||||
On July 24, 2025, Synchronoss issued a press release announcing receipt of its expected 2020 CARES Act tax refund in the amount of $30.2 million. The Company indicated that the Internal Revenue Service has confirmed the total amount of the refund will be $33.9 million, including interest in the amount of $5.9 million, and that the last payment in the amount of $3.7 million should be received by the Company prior to Labor Day 2025. The Company has already paid down the term loan facility in the amount of $22.6 million, equaling 75% of the proceeds received to date, pursuant to the terms of the Credit Agreement, as amended. The press release is filed hereto as Exhibit 99.1 and is incorporated by reference herein.
Item 9.01. | Financial Statements and Exhibits. | ||||
(d)Exhibits
| Exhibit Number | Description | Filed Herewith | ||||||||||||
| 99.1 | x | |||||||||||||
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.
Date: July 24, 2025
| Synchronoss Technologies, Inc. | |||||||||||
| /s/ Louis Ferraro | |||||||||||
| Name: | Louis Ferraro | ||||||||||
| Title: | Chief Financial Officer | ||||||||||
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