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): December 28, 2023
ALARM.COM HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | | 001-37461 | | 26-4247032 |
(State or other jurisdiction of incorporation) | | (Commission File Number) | | (IRS Employer Identification No.) |
| 8281 Greensboro Drive Suite 100 Tysons Virginia | | 22102 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (877) 389-4033
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations of the registrant under any of the following provisions:
| ¨ | 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) |
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| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ¨ | 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 | | Name of each exchange on which registered |
| Common Stock, $0.01 par value per share | | ALRM | | 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 ¨
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 8.01 Other Events.
On December 28, 2023, Alarm.com Holdings, Inc. (the “Company”) issued a press release announcing that the Company and Vivint, Inc. have resolved all outstanding litigation between them and entered into a long-term intellectual property license agreement under which the Company will license to Vivint its intellectual property portfolio. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
In November 2023, the Company provided “early thoughts” on its expected financial performance for 2024, which anticipated that litigation with Vivint would continue through 2024. The Company will provide financial guidance for 2024 when it reports its full year 2023 financial results in February 2024, including the expected revenue from this resolution and any other updates since November 2023.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
SIGNATURE
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.
| | | Alarm.com Holdings, Inc. |
| | | |
| Date: | December 28, 2023 | |
| | | By: | /s/ Steve Valenzuela |
| | | | Steve Valenzuela |
| | | | Chief Financial Officer |
