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Salesforce | S-8: Initial registration statement for securities to be offered to employees pursuant to employee benefit plans

SEC ·  Oct 5, 2024 05:15

Summary by Futu AI

On October 4, 2024, Salesforce, Inc. filed a Registration Statement on Form S-8 with the Securities and Exchange Commission (SEC). The filing is related to the registration of 16,713 shares of the company's common stock under the Tenyx, Inc. 2021 Equity Incentive Plan, following Salesforce's acquisition of Tenyx, Inc. Additionally, the registration statement covers the resale of up to 7,707 shares of common stock held by selling stockholders, which were issued prior to the filing in connection with the acquisition. These shares were originally issued as restricted stock or pursuant to the exercise of stock options under the Tenyx, Inc. 2021 Equity Incentive Plan. The registration statement includes a reoffer prospectus allowing the selling stockholders to reoffer and resell their shares. Salesforce will not...Show More
On October 4, 2024, Salesforce, Inc. filed a Registration Statement on Form S-8 with the Securities and Exchange Commission (SEC). The filing is related to the registration of 16,713 shares of the company's common stock under the Tenyx, Inc. 2021 Equity Incentive Plan, following Salesforce's acquisition of Tenyx, Inc. Additionally, the registration statement covers the resale of up to 7,707 shares of common stock held by selling stockholders, which were issued prior to the filing in connection with the acquisition. These shares were originally issued as restricted stock or pursuant to the exercise of stock options under the Tenyx, Inc. 2021 Equity Incentive Plan. The registration statement includes a reoffer prospectus allowing the selling stockholders to reoffer and resell their shares. Salesforce will not receive any proceeds from the sale of shares by the selling stockholders. The company's common stock is listed on the New York Stock Exchange under the symbol 'CRM'. As of September 30, 2024, the closing price of Salesforce's common stock was $273.71. The filing also includes details about the company's background, its AI-powered Customer 360 platform, and its commitment to values such as trust, customer success, innovation, equality, and sustainability.

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