Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

EGAIN Corp Capital/Financing Update 2007

Nov 19, 2007

33526_rns_2007-11-19_5f105ca1-da3b-4623-8275-a3884ee5b867.zip

Capital/Financing Update

Open in viewer

Opens in your device viewer

8-K 1 d8k.htm FORM 8-K Form 8-K

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 and Exchange Act of 1934

Date of Report: November 19, 2007

(Date of earliest event reported)

eGAIN COMMUNICATIONS CORPORATION

(Exact name of registrant as specified in its charter)

Delaware 0-30260 77-0466366
(State or other jurisdiction of incorporation or organization) (Commission File Number) (I.R.S. employer identification number)

345 E. Middlefield Road, Mountain View, California 94043

(Address of principal executive offices, including zip code)

(650) 230-7500

(Registrant’s telephone number, including area code)

(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))

Item 1.01 Entry into a Material Definitive Agreement.

On November 13, 2007, eGain Communications Corporation entered into an Accounts Receivable Purchase Modification Agreement (the “Agreement”) with Silicon Valley Bank. In accordance with the Agreement, Silicon Valley Bank waived certain financial covenants through September 30, 2007 and amended certain financial covenants with respect to future periods.

Item 9.01 Financial Statements And Exhibits

(d) Exhibits

EXHIBIT NO. — DESCRIPTION

10.1 Accounts Receivable Purchase Modification Agreement with Silicon Valley Bank, dated as of November 13, 2007.

2

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 thereunto duly authorized.

Date: November 19, 2007
By: /s/ Eric N. Smit
Eric N. Smit
Chief Financial Officer (Principal Financial Officer
and Duly Authorized Signatory)

3

EXHIBIT INDEX

Exhibit No. Description
10.1 Accounts Receivable Purchase Modification Agreement with Silicon Valley Bank, dated as of November 13, 2007.

4