Synchronoss Technologies Inc. filed SEC Form 8-K: Entry into a Material Definitive Agreement, 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 (Date of earliest event reported): December 12, 2024 (December 6, 2024 )
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Item 1.01. | Entry into a Material Definitive Agreement. | ||||
On December 6, 2024, Synchronoss Technologies, Inc. (the “Company”) entered into an amendment (the “Amendment”) with AT&T Services, Inc. (“AT&T”) to amend and restate the terms of an order (as amended by the Amendment, the “Amended Order”) under the Master Services Agreement dated September 1, 2005, as amended (the “Master Agreement”) between the Company and AT&T. Pursuant to the Amended Order, the Company agreed to continue to provide its Synchronoss Personal Cloud™ platform to AT&T’s customers in conformance with certain specifications and requirements set forth therein in consideration for the payment of monthly Cloud Services fees based on the number and type of AT&T Subscriber utilizing the Company’s services, plus an annual maintenance fee. The Amended Order is effective until December 30, 2027, unless terminated earlier by AT&T upon specified prior written notice or in accordance with the Master Agreement.
The foregoing description of the Amendment and the Amended Order does not purport to be complete and is qualified in its entirety by the full text of the Amendment, a copy of which will be filed with the exhibits to the Company’s Annual Report on Form 10-K for the year ending December 31, 2024.
A copy of the press release announcing the Amended Order is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
| 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: December 12, 2024
| Synchronoss Technologies, Inc. | |||||||||||
| /s/ Jeffrey Miller | |||||||||||
| Name: | Jeffrey Miller | ||||||||||
| Title: | Chief Executive Officer | ||||||||||
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