Spark Networks SE filed SEC Form 8-K: Entry into a Material Definitive Agreement, Financial Statements and Exhibits
$LOV
Other Consumer Services
Consumer Discretionary
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): September 11, 2023
(Exact name of registrant as specified in its charter)
| N/A | ||||||||||||||
(State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||||||||||||
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (+49 ) 30 868000
N/A
(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)) | |||||
Securities registered pursuant to Section 12(b) of the Act: None
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 1.01 Entry into a Material Definitive Agreement.
On September 11, 2023, Spark Networks Services GmbH (the “Company”) and Hexaware Technologies Limited (the “Vendor”) fully executed a Master Services Agreement (the “Agreement”) and Statement of Work (the “SOW”) under which the Company agreed to outsource a number of its information technology and business operations to the Vendor. Those operations include service desk and end user support, IT vendor management, network support, content moderation and product engineering.
The Agreement and the SOW memorialize an arrangement that was contemplated under a letter of intent between the parties that was executed on July 24, 2023.
The Agreement contains standard representations, warranties, covenants and indemnification obligations. The Agreement allows the Company to terminate the Agreement and the SOW for convenience and for cause. Absent any such termination, the initial term of the SOW is scheduled to continue until December 31, 2028.
The foregoing description of the Agreement does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Agreement, a copy of which is filed hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit No. | Description | ||||
| 10.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | ||||
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.
Spark Networks SE | ||||||||
| Dated: September 15, 2023 | By: | /s/ Frederic Beckley | ||||||
| Frederic Beckley | ||||||||
| General Counsel & Chief Administrative Officer | ||||||||