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Accolade, Inc. – ‘8-K’ for 11/6/20

On:  Monday, 11/9/20, at 4:04pm ET   ·   For:  11/6/20   ·   Accession #:  1104659-20-123046   ·   File #:  1-39348

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

11/09/20  Accolade, Inc.                    8-K:1,9    11/06/20   11:245K                                   Toppan Merrill/FA

Current Report   —   Form 8-K
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     30K 
 2: EX-10.1     Material Contract                                   HTML     33K 
 7: R1          Cover                                               HTML     49K 
 9: XML         IDEA XML File -- Filing Summary                      XML     11K 
 6: XML         XBRL Instance -- tm2035356-1_8k_htm                  XML     15K 
 8: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 4: EX-101.LAB  XBRL Labels -- accd-20201106_lab                     XML     96K 
 5: EX-101.PRE  XBRL Presentations -- accd-20201106_pre              XML     64K 
 3: EX-101.SCH  XBRL Schema -- accd-20201106                         XSD     12K 
10: JSON        XBRL Instance as JSON Data -- MetaLinks               25±    33K 
11: ZIP         XBRL Zipped Folder -- 0001104659-20-123046-xbrl      Zip     18K 


‘8-K’   —   Current Report


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

 

FORM  i 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):  i November 6, 2020

 

 

 

 i Accolade, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

 

 i Delaware  i 001-39348  i 01-0969591

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

     

 i 1201 Third Avenue,  i Suite 1700

 i Seattle,  i WA

   i 98101
(Address of Principal Executive Offices)   (Zip Code)

 

( i 206)  i 926-8100

(Registrant’s Telephone Number, Including Area Code)

 

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 Instructions A.2. below):

 

 i ¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
 i ¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
 i ¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
 i ¨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:

 

Title of each class  Trading Symbol(s)  Name of each exchange on which
registered
 i Common Stock, $0.0001 par value per share   i ACCD   i The Nasdaq Stock Market LLC

 

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  i x

 

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.  i ¨

 

 

 C: 

 

 

 

Item 1.01. Entry Into a Material Definitive Agreement.

 

On November 6, 2020, Accolade, Inc. (the “Company”) entered into a Third Amendment to Credit Agreement (the “Third Amendment”) to its existing Credit Agreement, dated as of July 19, 2019, as amended on August 21, 2020 and September 11, 2020 (the “Credit Agreement”), with (a) Comerica Bank in its capacity as administrative agent and lender, and (b) Western Alliance Bank as a lender. Pursuant to the Third Amendment, the parties agreed to increase the revolving line of credit from $50,000,000 to $80,000,000.

 

The foregoing description of the material terms of the Third Amendment does not purport to be complete and is subject to, and qualified in its entirety by, reference to the Third Amendment that is filed as an exhibit to this Current Report on Form 8-K.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit

Number

  Exhibit Description
     
10.1   Third Amendment to Credit Agreement dated November 6, 2020 by and among the Company, Comerica Bank and Western Alliance Bank.
104   Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101)

 

 C: 

 

 

 

SIGNATURES

 

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

 

  Accolade, Inc.
   
Dated: November 9, 2020  
  By:   /s/ Stephen Barnes
    Stephen Barnes
    Chief Financial Officer

 

 C: 

 

 

 C: 

Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
Filed on:11/9/20
For Period end:11/6/20
9/11/20
8/21/208-K
7/19/19
 List all Filings 


7 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 4/28/23  Accolade, Inc.                    10-K        2/28/23  103:11M                                    Toppan Merrill Bridge/FA
 5/02/22  Accolade, Inc.                    10-K        2/28/22  102:12M                                    Toppan Merrill Bridge/FA
 5/11/21  Accolade, Inc.                    POS AM                 2:707K                                   Toppan Merrill/FA
 5/07/21  Accolade, Inc.                    10-K        2/28/21  103:10M                                    Toppan Merrill Bridge/FA
 4/01/21  Accolade, Inc.                    S-1/A                  4:3.7M                                   Toppan Merrill/FA
 3/15/21  Accolade, Inc.                    S-1                  143:13M                                    Toppan Merrill/FA
 1/07/21  Accolade, Inc.                    10-Q       11/30/20   63:6.3M                                   Toppan Merrill Bridge/FA
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