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<title>srev-20220720</title></head><body><div style="display:none"><ix:header><ix:hidden><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityCentralIndexKey" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF80L2ZyYWc6ZjFmNjZiMDg2ZTEzNDQwZTgyYWFiYWUyZTM3Zjc4OWIvdGFibGU6OTdlMWE2OTY4YzJlNGQ4Yzg4YjllY2I2YTI1ZGZjNjMvdGFibGVyYW5nZTo5N2UxYTY5NjhjMmU0ZDhjODhiOWVjYjZhMjVkZmM2M18wLTEtMS0xLTc1MzIy_e7ebf52c-4ced-4fa5-a43e-6d81fbb90a48">0001310114</ix:nonNumeric><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:AmendmentFlag" format="ixt:fixed-false" 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xlink:href="srev-20220720.xsd"></link:schemaRef></ix:references><ix:resources><xbrli:context id="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720"><xbrli:entity><xbrli:identifier scheme="http://www.sec.gov/CIK">0001310114</xbrli:identifier></xbrli:entity><xbrli:period><xbrli:startDate>2022-07-20</xbrli:startDate><xbrli:endDate>2022-07-20</xbrli:endDate></xbrli:period></xbrli:context></ix:resources></ix:header></div><div id="i5a3ab866389a4e0cb7d5e7a0576aaaa0_1"></div><div style="min-height:72pt;width:100%"><div><span><br/></span></div></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:8pt"><td colspan="3" style="border-top:3pt double #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:2pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">UNITED STATES</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">SECURITIES AND EXCHANGE COMMISSION</span></div><div style="margin-bottom:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Washington, D.C. 20549</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:23.557%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:6pt"><td colspan="3" style="border-top:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:10pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%">FORM <ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:DocumentType" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGV4dHJlZ2lvbjo3YTk2NGQxYTMwNGY0NDFhYTdiMDczNmExNTI3YTRmNl8xMjE4_b645a81b-bc81-4fe6-9b4b-78bbe2122c86">8-K</ix:nonNumeric></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:23.557%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:9pt"><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:10pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">CURRENT REPORT</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Pursuant to Section 13 or 15(d) of the</span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Securities Exchange Act of 1934</span></div><div style="margin-bottom:6pt;margin-top:10pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:120%">Date of Report (Date of Earliest Event Reported): <ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:DocumentPeriodEndDate" format="ixt:date-monthname-day-year-en" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGV4dHJlZ2lvbjo3YTk2NGQxYTMwNGY0NDFhYTdiMDczNmExNTI3YTRmNl8yMjc_735ff35a-4f84-4e57-a027-a7ab55dc13a5">July 20, 2022</ix:nonNumeric></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:23.557%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:6pt"><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:16pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:18pt;font-weight:700;line-height:120%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityRegistrantName" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGV4dHJlZ2lvbjo3YTk2NGQxYTMwNGY0NDFhYTdiMDczNmExNTI3YTRmNl8xMjIw_8cc5da4e-5ec7-436c-a5be-8458963be6b7">Concentrix ServiceSource Inc.</ix:nonNumeric></span></div><div style="margin-bottom:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Exact name of registrant as specified in its charter)</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:23.557%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:6pt"><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr></table></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityIncorporationStateCountryCode" format="ixt-sec:stateprovnameen" 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id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6MDIyYzU5OGQ2ZTNhNGE4ZGJlZjQyOWI2OTRkOTIxNDUvdGFibGVyYW5nZTowMjJjNTk4ZDZlM2E0YThkYmVmNDI5YjY5NGQ5MjE0NV8wLTEtMS0xLTc1MzIy_d06e19f1-73cf-4440-92cd-9c5927ba4f1e">001-35108</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityTaxIdentificationNumber" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6MDIyYzU5OGQ2ZTNhNGE4ZGJlZjQyOWI2OTRkOTIxNDUvdGFibGVyYW5nZTowMjJjNTk4ZDZlM2E0YThkYmVmNDI5YjY5NGQ5MjE0NV8wLTItMS0xLTc1MzIy_2774a83a-f059-4494-b7d5-9f473a4d73e9">81-0578975</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(State or Other Jurisdiction of Incorporation)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Commission File Number)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(I.R.S. Employer Identification Number)</span></td></tr></table></div><div><span><br/></span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:93.589%"><tr><td style="width:1.0%"></td><td style="width:42.221%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:14.482%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:39.997%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityAddressAddressLine1" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6YzhiMTUxOTY2ZDIxNDhkZmE0NjlhNGFiMzViZTViNTAvdGFibGVyYW5nZTpjOGIxNTE5NjZkMjE0OGRmYTQ2OWE0YWIzNWJlNWI1MF8wLTAtMS0xLTc1MzIyL3RleHRyZWdpb246ZmVhNjQwYWUyYWE1NGI2MTllYjFiZDAzZDQ3MTk3MDRfNQ_c5495afa-6aae-4cc1-b0da-fb340c4ae127">707 17th Street, 25th Floor</ix:nonNumeric>, <ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityAddressCityOrTown" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6YzhiMTUxOTY2ZDIxNDhkZmE0NjlhNGFiMzViZTViNTAvdGFibGVyYW5nZTpjOGIxNTE5NjZkMjE0OGRmYTQ2OWE0YWIzNWJlNWI1MF8wLTAtMS0xLTc1MzIyL3RleHRyZWdpb246ZmVhNjQwYWUyYWE1NGI2MTllYjFiZDAzZDQ3MTk3MDRfOQ_6efc2c6f-97a4-42d4-98da-b1f7f0ac9434">Denver</ix:nonNumeric>, <ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityAddressStateOrProvince" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6YzhiMTUxOTY2ZDIxNDhkZmE0NjlhNGFiMzViZTViNTAvdGFibGVyYW5nZTpjOGIxNTE5NjZkMjE0OGRmYTQ2OWE0YWIzNWJlNWI1MF8wLTAtMS0xLTc1MzIyL3RleHRyZWdpb246ZmVhNjQwYWUyYWE1NGI2MTllYjFiZDAzZDQ3MTk3MDRfMTM_4009a084-b517-42bc-b95b-386a83afbb02">CO</ix:nonNumeric></span></div></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityAddressPostalZipCode" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6YzhiMTUxOTY2ZDIxNDhkZmE0NjlhNGFiMzViZTViNTAvdGFibGVyYW5nZTpjOGIxNTE5NjZkMjE0OGRmYTQ2OWE0YWIzNWJlNWI1MF8wLTItMS0xLTc1MzIy_b384f55f-a47a-4dd6-8767-715417eee57a">80202</ix:nonNumeric></span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Address of principal executive offices)</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">(Zip Code)</span></td></tr></table></div><div style="text-align:center"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">(<ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:CityAreaCode" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGV4dHJlZ2lvbjo3YTk2NGQxYTMwNGY0NDFhYTdiMDczNmExNTI3YTRmNl8zMjA_1bffde39-09a9-4652-842a-8ab315678032">720</ix:nonNumeric>) <ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:LocalPhoneNumber" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGV4dHJlZ2lvbjo3YTk2NGQxYTMwNGY0NDFhYTdiMDczNmExNTI3YTRmNl8xMjIx_3cb87009-0814-4750-9e30-c1ccb2dc62ce">889-8500</ix:nonNumeric></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Registrant&#8217;s telephone number, including area code)</span></div><div style="text-align:center"><span><br/></span></div><div style="padding-left:1.12pt;padding-right:1.12pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:110%">N/A</span></div><div style="margin-bottom:6pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">(Former name or former address, if changed since last report.)</span></div><div style="text-align:center"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:23.557%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:6pt"><td colspan="3" style="border-bottom:1pt solid #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:2pt"><span><br/></span></div><div style="margin-bottom:9pt;margin-top:2pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:4.872%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:92.928%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:WrittenCommunications" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZWIyNjExOGJkNDlmNGNiZGJkNGFmMzIzMjNjNDY2ZDUvdGFibGVyYW5nZTplYjI2MTE4YmQ0OWY0Y2JkYmQ0YWYzMjMyM2M0NjZkNV8wLTAtMS0xLTc1MzIy_40a8b6cd-636c-4b33-b259-e41c7171b4ea">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Written communications pursuant to Rule&#160;425 under the Securities Act (17 CFR 230.425)</span></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:SolicitingMaterial" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZWIyNjExOGJkNDlmNGNiZGJkNGFmMzIzMjNjNDY2ZDUvdGFibGVyYW5nZTplYjI2MTE4YmQ0OWY0Y2JkYmQ0YWYzMjMyM2M0NjZkNV8yLTAtMS0xLTc1MzIy_4a5dd4be-7314-4315-b06f-3a377f28053d">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Soliciting material pursuant to Rule&#160;14a-12 under the Exchange Act (17 CFR 240.14a-12)</span></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:PreCommencementTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZWIyNjExOGJkNDlmNGNiZGJkNGFmMzIzMjNjNDY2ZDUvdGFibGVyYW5nZTplYjI2MTE4YmQ0OWY0Y2JkYmQ0YWYzMjMyM2M0NjZkNV80LTAtMS0xLTc1MzIy_ed5fde53-a9d4-4206-b7db-a63d92ae94a0">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pre-commencement communications pursuant to Rule&#160;14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</span></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:PreCommencementIssuerTenderOffer" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZWIyNjExOGJkNDlmNGNiZGJkNGFmMzIzMjNjNDY2ZDUvdGFibGVyYW5nZTplYjI2MTE4YmQ0OWY0Y2JkYmQ0YWYzMjMyM2M0NjZkNV82LTAtMS0xLTc1MzIy_9de79988-cd51-4e39-b997-07ef7d1d5c53">&#9744;</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Pre-commencement communications pursuant to Rule&#160;13e-4(c) under the Exchange Act (17 CFR 240-13e-4(c))</span></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div><span><br/></span></div></div><div style="margin-top:2pt"><span><br/></span></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Securities registered pursuant to Section 12(b) of the Act:</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.233%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:32.234%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Title of each class</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Trading Symbol(s)</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:100%;text-decoration:underline">Name of each exchange on which registered</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:Security12bTitle" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZTM3NmQwYzEyMjUzNDAzNzgzOThkNzI5ZGE2MDdkMWQvdGFibGVyYW5nZTplMzc2ZDBjMTIyNTM0MDM3ODM5OGQ3MjlkYTYwN2QxZF8xLTAtMS0xLTc1MzIy_a8782a7c-3e30-4e64-9416-78cb89ebe784">Common Stock, par value $0.0001 per share</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:TradingSymbol" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZTM3NmQwYzEyMjUzNDAzNzgzOThkNzI5ZGE2MDdkMWQvdGFibGVyYW5nZTplMzc2ZDBjMTIyNTM0MDM3ODM5OGQ3MjlkYTYwN2QxZF8xLTEtMS0xLTc1MzIy_0a94662f-59eb-4acd-893e-fbd9c1da9367">SREV</ix:nonNumeric></span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%"><ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:SecurityExchangeName" format="ixt-sec:exchnameen" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGFibGU6ZTM3NmQwYzEyMjUzNDAzNzgzOThkNzI5ZGE2MDdkMWQvdGFibGVyYW5nZTplMzc2ZDBjMTIyNTM0MDM3ODM5OGQ3MjlkYTYwN2QxZF8xLTItMS0xLTc1MzIy_c809545e-f34e-4046-83f4-6d1bb1c50519">The Nasdaq Stock Market LLC</ix:nonNumeric></span></td></tr></table></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (&#167;230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (&#167;240.12b-2 of this chapter).</span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Emerging growth company&#160;&#160;&#160;<ix:nonNumeric contextRef="i0b75642266ae46c09c7a207d4558ba85_D20220720-20220720" name="dei:EntityEmergingGrowthCompany" format="ixt-sec:boolballotbox" id="id3VybDovL2RvY3MudjEvZG9jOjVhM2FiODY2Mzg5YTRlMGNiN2Q1ZTdhMDU3NmFhYWEwL3NlYzo1YTNhYjg2NjM4OWE0ZTBjYjdkNWU3YTA1NzZhYWFhMF8xL2ZyYWc6N2E5NjRkMWEzMDRmNDQxYWE3YjA3MzZhMTUyN2E0ZjYvdGV4dHJlZ2lvbjo3YTk2NGQxYTMwNGY0NDFhYTdiMDczNmExNTI3YTRmNl8xMjIy_8d341dd9-d1c4-43a9-a00a-da1ede9a7404">&#9744;</ix:nonNumeric></span></div><div style="margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.&#160;&#160;&#160;&#9744;</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:98.900%"></td><td style="width:0.1%"></td></tr><tr style="height:15pt"><td colspan="3" style="border-bottom:3pt double #000;padding:0 1pt"></td></tr></table></div><div style="margin-top:10pt;padding-left:72pt;text-indent:-72pt"><span><br/></span></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><div id="i5a3ab866389a4e0cb7d5e7a0576aaaa0_7"></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:10pt;text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Introductory Note</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">As previously disclosed, ServiceSource International, Inc., a Delaware corporation (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Company</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), entered into an Agreement and Plan of Merger (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Merger Agreement</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), dated May 6, 2022, by and among the Company, Concentrix Corporation, a Delaware corporation (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Parent</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), and Concentrix Merger Sub, Inc., a Delaware corporation (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Acquisition Sub</span><span style="background-color:#ffffff;color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;). The Merger Agreement provided that, subject to its terms and conditions, Acquisition Sub would merge with and into the Company (the &#8220;Merger&#8221;), with the Company surviving the Merger under the name &#8220;Concentrix ServiceSource Inc.&#8221; as the surviving corporation and becoming a wholly owned subsidiary of Parent. On July 20, 2022, the Merger was consummated</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">.</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 1.02 Termination of a Material Definitive Agreement.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">In connection with the Merger, on July 20, 2022, the Company terminated all commitments and repaid all amounts outstanding under that certain Loan and Security Agreement, dated as of July 23, 2021, by and among the Company and ServiceSource Delaware, Inc., as borrowers, and Bank of America, N.A., as lender.</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 2.01 Completion of Acquisition or Disposition of Assets.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:24.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">As a result of the Merger, except as otherwise provided in the Merger Agreement, each share of common stock, par value $0.0001 per share, of the Company (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Common Stock</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) issued and outstanding immediately prior to the effective time of the Merger (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Effective Time</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) was converted into the right to receive $1.50 per share in cash, without interest (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">Merger Consideration</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;).</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">                Pursuant to the Merger Agreement, at the Effective Time:</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.5pt">each Company stock option, whether or not vested, automatically and without any required action on the part of the holder thereof, vested (if unvested) and if not exercised by the holder thereof as of the Effective Time (after notice and a reasonable period to elect the exercise of such Company stock option) was cancelled and, if the exercise price per share was less than the Merger Consideration, was converted into the right to receive an amount in cash, without interest, equal to the product of (i) the excess, if any, of (A) the Merger Consideration over (B) the per-share exercise price for such option, multiplied by (ii) the total number of shares of Common Stock underlying such option; if the exercise price per share was equal to or greater than the Merger Consideration, such option if not exercised was cancelled without any cash payment or other consideration being made in respect thereof;</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.5pt">each then-outstanding Company restricted stock unit (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">RSU</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) was automatically and without any required action on the part of the holder thereof, assumed by Parent and converted into the right to receive an amount of cash, without interest, equal to the product of (i) the total number of shares of Common Stock underlying such RSU, multiplied by (ii) the Merger Consideration, plus any dividend equivalent amounts accrued with respect to such RSU (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">RSU Consideration</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), and each converted RSU held by an individual who was expected to be a continuing employee continued to be subject to substantially the same terms and conditions as were applicable to such RSU immediately before the Merger, including payment terms and remaining vesting conditions, but with vesting terms adjusted for any right to accelerated vesting that may apply after the Effective Time under the terms of any Company equity plan, equity award agreement, or Company severance plan currently in effect that was applicable;</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.5pt">each then-outstanding Company performance stock unit (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">PSU</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) was automatically and without any required action on the part of the holder thereof, assumed by Parent and converted into the right to receive an amount of cash, without interest, equal to the product of (i) the total number of shares of Common Stock earned under such PSU, with performance measured in accordance with the terms of the applicable governing documents (e.g. based on the attainment of the applicable performance metrics through the date of the Merger) as determined by the board of directors of the Company or a committee thereof after consultation with Parent, multiplied by (ii) the Merger Consideration, plus any dividend equivalent amounts accrued with respect to such PSU (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;text-decoration:underline">PSU Consideration</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;), and each converted PSU held by an individual who was expected to be a continuing employee generally continued to have and be subject to substantially the same terms and conditions as were applicable to such PSU immediately before the Merger (aside from terms related to performance vesting that no longer apply following the Effective Time), including payment terms and remaining time-vesting conditions, but with vesting terms adjusted for any </span></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:10pt;padding-left:36pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">right to accelerated vesting that may apply after the Effective Time under the terms of any Company equity plan, equity award agreement, or Company severance plan currently in effect that may be applicable; and</span></div><div style="margin-bottom:10pt;padding-left:36pt;text-align:justify;text-indent:-18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8226;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%;padding-left:14.5pt">each RSU and PSU held by an individual (whether an employee, non-employee director, or independent contractor) who was not expected to be a continuing employee, automatically and without any required action on the part of the holder thereof, vested (if unvested) and was cancelled and converted into the right to receive an amount in cash, without interest, equal to the RSU Consideration or PSU Consideration, as applicable. </span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The foregoing description of the Merger Agreement and the transactions contemplated thereby is not complete and is subject to and qualified in its entirety by reference to the full text of the Merger Agreement, a copy of which was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">SEC</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) on May 9, 2022 and is incorporated by reference herein.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The information set forth in the Introductory Note above is incorporated herein by reference.</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">In connection with the completion of the Merger, on July 20, 2022, the Company notified The Nasdaq Stock Market LLC (&#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">NASDAQ</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) that the Merger had been completed and requested that NASDAQ (1) suspend trading of the Common Stock on NASDAQ, (2) withdraw the Common Stock from listing on NASDAQ and (3) file with the SEC a notification of removal from listing on Form 25 to delist the Common Stock from NASDAQ. The Common Stock ceased trading following the close of business on July 20, 2022 and is no longer listed on NASDAQ.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%"> Additionally, the Company intends to file with the SEC a certification on Form 15 under the Securities Exchange Act of 1934 (the &#8220;</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:112%">Exchange Act</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">&#8221;) requesting the deregistration of the Common Stock under Section 12(g) of the Exchange Act, and the suspension of the Company&#8217;s reporting obligations under Section 13(a) and Section 15(d) of the Exchange Act with respect to the Common Stock as promptly as practicable. The information set forth in Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.01. </span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 3.03 Material Modification to Rights of Security Holders.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The information set forth in Items 2.01, 3.01, 5.01 and 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Upon completion of the Merger, each holder of Common Stock immediately prior to the Effective Time ceased to have any rights as a stockholder of the Company other than the right to receive the Merger Consideration pursuant to the Merger Agreement.</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 5.01 Changes in Control of Registrant.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">As a result of the consummation of the Merger, the Company became a wholly-owned subsidiary of Parent. The information set forth in Items 2.01, 3.03 and 5.02 of this Current Report on Form 8-K is incorporated by reference into this Item 5.01.</span></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The information provided in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Pursuant to the Merger Agreement, effective as of, and immediately following the Effective Time, the board of directors of the Company consisted of the members of the board of directors of Acquisition Sub immediately prior to the Effective Time, each to hold office in accordance with the certificate of incorporation and bylaws of the Company until their respective successors shall have been duly elected, designated and qualified, or until their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Company.  As of the Effective Time, the directors of the Company are Jane C. Fogarty and Andrew A. Farwig.</span></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div><span><br/></span></div></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Pursuant to the Merger Agreement, from and after the Effective Time the officers of Acquisition Sub at the Effective Time became the officers of the Company, until their respective successors are duly elected or appointed and qualified in accordance with applicable law.  As of the Effective Time, the officers of the Company are:</span></div><div style="margin-bottom:10pt;text-align:justify"><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:98.397%"><tr><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:48.900%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Name</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Title</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Christopher A. Caldwell</span></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Chief Executive Officer and President</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Andre S. Valentine</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Chief Financial Officer</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Jane C. Fogarty</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Executive Vice President, Legal and Corporate Secretary</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Andrew A. Farwig</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Global Vice President, Corporate Governance and Assistant Corporate Secretary</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Erin D. Bonta-Lewis</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Vice President, Tax and Tax Counsel</span></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">David R. Wiedwald</span></td><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Vice President and Treasurer</span></td></tr></table></div><div style="margin-bottom:10pt;text-align:justify"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">The information provided in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03.</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">Pursuant to the Merger Agreement, at the Effective Time, the bylaws of the Company were amended and restated to be identical to the bylaws of Acquisition Sub, until thereafter amended in accordance with the applicable provisions of the certificate of incorporation and bylaws of the Company and the General Corporation Law of the State of Delaware, except that the name of the Company is &#8220;Concentrix ServiceSource Inc.&#8221; A copy of the bylaws is filed as Exhibits 3.1 to this Current Report and is incorporated herein by reference.</span></div><div style="margin-bottom:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:112%">Item 8.01 Other Events</span></div><div style="margin-bottom:10pt;text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:112%">On July 20, 2022, Parent issued a press release announcing the consummation of the Merger. A copy of such press release is attached hereto as Exhibit 99.1, and is incorporated by reference in this Item 8.01.</span></div><div id="i5a3ab866389a4e0cb7d5e7a0576aaaa0_10"></div><div style="-sec-extract:summary;margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Item 9.01&#160;&#160;&#160;&#160;Financial Statements and Exhibits.</span></div><div style="margin-bottom:12pt;margin-top:10pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">(d) Exhibits</span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:9.957%"></td><td style="width:0.1%"></td><td style="width:0.1%"></td><td style="width:1.883%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:85.760%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Exhibit No.</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Description</span></td></tr><tr><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">3.1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit31form8-k07x20x22.htm">Bylaws of Concentrix ServiceSource Inc.</a></span></div></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">99.1</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><div><span style="color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline"><a style="-sec-extract:exhibit;color:#0000ff;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%;text-decoration:underline" href="exhibit9918-k07x20x22.htm">Press release dated July 20, 2022</a></span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">.</span></div></td></tr><tr style="height:6pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:center;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">104</span></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Cover Page Interactive Data File (embedded within the Inline XBRL document).</span></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div><div id="i5a3ab866389a4e0cb7d5e7a0576aaaa0_13"></div><hr style="page-break-after:always"/><div style="min-height:72pt;width:100%"><div><span><br/></span></div></div><div style="text-align:center"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">SIGNATURE</span></div><div><span><br/></span></div><div style="text-indent:36pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div><div><span><br/></span></div><div><table style="border-collapse:collapse;display:inline-table;margin-bottom:5pt;vertical-align:text-bottom;width:100.000%"><tr><td style="width:1.0%"></td><td style="width:46.816%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:3.867%"></td><td style="width:0.1%"></td><td style="width:1.0%"></td><td style="width:46.017%"></td><td style="width:0.1%"></td></tr><tr><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:top"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">Date: July 20, 2022</span></td><td colspan="6" style="padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Concentrix ServiceSource Inc.</span></div></td></tr><tr style="height:15pt"><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">By:</span></td><td colspan="3" style="padding:2px 1pt;text-align:left;vertical-align:bottom"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:100%">/s/ Jane C. Fogarty</span></td></tr><tr><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="padding:0 1pt"></td><td colspan="3" style="border-top:1pt solid #000;padding:2px 1pt;text-align:left;vertical-align:top"><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Jane C. Fogarty</span></div><div style="margin-top:1.5pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">Executive Vice President, Legal</span></div></td></tr></table></div><div style="height:72pt;position:relative;width:100%"><div style="bottom:0;position:absolute;width:100%"><div><span><br/></span></div></div></div></body></html>
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srev-20220720
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):
July 20, 2022
Concentrix ServiceSource Inc.
(Exact name of registrant as specified in its charter)
Delaware
001-35108
81-0578975
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(I.R.S. Employer Identification Number)
707 17th Street, 25th Floor
,
Denver
,
CO
80202
(Address of principal executive offices)
(Zip Code)
(
720
)
889-8500
(Registrant's telephone number, including area code)
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:
☐
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:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock, par value $0.0001 per share
SREV
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.   ☐
Introductory Note
As previously disclosed, ServiceSource International, Inc., a Delaware corporation (the "
Company
"), entered into an Agreement and Plan of Merger (the "
Merger Agreement
"), dated May 6, 2022, by and among the Company, Concentrix Corporation, a Delaware corporation ("
Parent
"), and Concentrix Merger Sub, Inc., a Delaware corporation ("
Acquisition Sub
"). The Merger Agreement provided that, subject to its terms and conditions, Acquisition Sub would merge with and into the Company (the "Merger"), with the Company surviving the Merger under the name "Concentrix ServiceSource Inc." as the surviving corporation and becoming a wholly owned subsidiary of Parent. On July 20, 2022, the Merger was consummated
.
Item 1.02 Termination of a Material Definitive Agreement.
In connection with the Merger, on July 20, 2022, the Company terminated all commitments and repaid all amounts outstanding under that certain Loan and Security Agreement, dated as of July 23, 2021, by and among the Company and ServiceSource Delaware, Inc., as borrowers, and Bank of America, N.A., as lender.
Item 2.01 Completion of Acquisition or Disposition of Assets.
As a result of the Merger, except as otherwise provided in the Merger Agreement, each share of common stock, par value $0.0001 per share, of the Company ("
Common Stock
") issued and outstanding immediately prior to the effective time of the Merger (the "
Effective Time
") was converted into the right to receive $1.50 per share in cash, without interest (the "
Merger Consideration
").
Pursuant to the Merger Agreement, at the Effective Time:
•
each Company stock option, whether or not vested, automatically and without any required action on the part of the holder thereof, vested (if unvested) and if not exercised by the holder thereof as of the Effective Time (after notice and a reasonable period to elect the exercise of such Company stock option) was cancelled and, if the exercise price per share was less than the Merger Consideration, was converted into the right to receive an amount in cash, without interest, equal to the product of (i) the excess, if any, of (A) the Merger Consideration over (B) the per-share exercise price for such option, multiplied by (ii) the total number of shares of Common Stock underlying such option; if the exercise price per share was equal to or greater than the Merger Consideration, such option if not exercised was cancelled without any cash payment or other consideration being made in respect thereof;
•
each then-outstanding Company restricted stock unit ("
RSU
") was automatically and without any required action on the part of the holder thereof, assumed by Parent and converted into the right to receive an amount of cash, without interest, equal to the product of (i) the total number of shares of Common Stock underlying such RSU, multiplied by (ii) the Merger Consideration, plus any dividend equivalent amounts accrued with respect to such RSU (the "
RSU Consideration
"), and each converted RSU held by an individual who was expected to be a continuing employee continued to be subject to substantially the same terms and conditions as were applicable to such RSU immediately before the Merger, including payment terms and remaining vesting conditions, but with vesting terms adjusted for any right to accelerated vesting that may apply after the Effective Time under the terms of any Company equity plan, equity award agreement, or Company severance plan currently in effect that was applicable;
•
each then-outstanding Company performance stock unit ("
PSU
") was automatically and without any required action on the part of the holder thereof, assumed by Parent and converted into the right to receive an amount of cash, without interest, equal to the product of (i) the total number of shares of Common Stock earned under such PSU, with performance measured in accordance with the terms of the applicable governing documents (e.g. based on the attainment of the applicable performance metrics through the date of the Merger) as determined by the board of directors of the Company or a committee thereof after consultation with Parent, multiplied by (ii) the Merger Consideration, plus any dividend equivalent amounts accrued with respect to such PSU (the "
PSU Consideration
"), and each converted PSU held by an individual who was expected to be a continuing employee generally continued to have and be subject to substantially the same terms and conditions as were applicable to such PSU immediately before the Merger (aside from terms related to performance vesting that no longer apply following the Effective Time), including payment terms and remaining time-vesting conditions, but with vesting terms adjusted for any
right to accelerated vesting that may apply after the Effective Time under the terms of any Company equity plan, equity award agreement, or Company severance plan currently in effect that may be applicable; and
•
each RSU and PSU held by an individual (whether an employee, non-employee director, or independent contractor) who was not expected to be a continuing employee, automatically and without any required action on the part of the holder thereof, vested (if unvested) and was cancelled and converted into the right to receive an amount in cash, without interest, equal to the RSU Consideration or PSU Consideration, as applicable.
The foregoing description of the Merger Agreement and the transactions contemplated thereby is not complete and is subject to and qualified in its entirety by reference to the full text of the Merger Agreement, a copy of which was filed as Exhibit 2.1 to the Current Report on Form 8-K filed by the Company with the Securities and Exchange Commission (the "
SEC
") on May 9, 2022 and is incorporated by reference herein.
The information set forth in the Introductory Note above is incorporated herein by reference.
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
In connection with the completion of the Merger, on July 20, 2022, the Company notified The Nasdaq Stock Market LLC ("
NASDAQ
") that the Merger had been completed and requested that NASDAQ (1) suspend trading of the Common Stock on NASDAQ, (2) withdraw the Common Stock from listing on NASDAQ and (3) file with the SEC a notification of removal from listing on Form 25 to delist the Common Stock from NASDAQ. The Common Stock ceased trading following the close of business on July 20, 2022 and is no longer listed on NASDAQ.
Additionally, the Company intends to file with the SEC a certification on Form 15 under the Securities Exchange Act of 1934 (the "
Exchange Act
") requesting the deregistration of the Common Stock under Section 12(g) of the Exchange Act, and the suspension of the Company's reporting obligations under Section 13(a) and Section 15(d) of the Exchange Act with respect to the Common Stock as promptly as practicable. The information set forth in Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 3.01.
Item 3.03 Material Modification to Rights of Security Holders.
The information set forth in Items 2.01, 3.01, 5.01 and 5.03 of this Current Report on Form 8-K is incorporated by reference into this Item 3.03.
Upon completion of the Merger, each holder of Common Stock immediately prior to the Effective Time ceased to have any rights as a stockholder of the Company other than the right to receive the Merger Consideration pursuant to the Merger Agreement.
Item 5.01 Changes in Control of Registrant.
As a result of the consummation of the Merger, the Company became a wholly-owned subsidiary of Parent. The information set forth in Items 2.01, 3.03 and 5.02 of this Current Report on Form 8-K is incorporated by reference into this Item 5.01.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The information provided in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.02.
Pursuant to the Merger Agreement, effective as of, and immediately following the Effective Time, the board of directors of the Company consisted of the members of the board of directors of Acquisition Sub immediately prior to the Effective Time, each to hold office in accordance with the certificate of incorporation and bylaws of the Company until their respective successors shall have been duly elected, designated and qualified, or until their earlier death, resignation or removal in accordance with the certificate of incorporation and bylaws of the Company.  As of the Effective Time, the directors of the Company are Jane C. Fogarty and Andrew A. Farwig.
Pursuant to the Merger Agreement, from and after the Effective Time the officers of Acquisition Sub at the Effective Time became the officers of the Company, until their respective successors are duly elected or appointed and qualified in accordance with applicable law.  As of the Effective Time, the officers of the Company are:
Name
Title
Christopher A. Caldwell
Chief Executive Officer and President
Andre S. Valentine
Chief Financial Officer
Jane C. Fogarty
Executive Vice President, Legal and Corporate Secretary
Andrew A. Farwig
Global Vice President, Corporate Governance and Assistant Corporate Secretary
Erin D. Bonta-Lewis
Vice President, Tax and Tax Counsel
David R. Wiedwald
Vice President and Treasurer
Item 5.03 Amendment to Articles of Incorporation or Bylaws; Change in Fiscal Year.
The information provided in the Introductory Note and Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.03.
Pursuant to the Merger Agreement, at the Effective Time, the bylaws of the Company were amended and restated to be identical to the bylaws of Acquisition Sub, until thereafter amended in accordance with the applicable provisions of the certificate of incorporation and bylaws of the Company and the General Corporation Law of the State of Delaware, except that the name of the Company is "Concentrix ServiceSource Inc." A copy of the bylaws is filed as Exhibits 3.1 to this Current Report and is incorporated herein by reference.
Item 8.01 Other Events
On July 20, 2022, Parent issued a press release announcing the consummation of the Merger. A copy of such press release is attached hereto as Exhibit 99.1, and is incorporated by reference in this Item 8.01.
Item 9.01    Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
3.1
Bylaws of Concentrix ServiceSource Inc.
99.1
Press release dated July 20, 2022
.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
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.
Date: July 20, 2022
Concentrix ServiceSource Inc.
By:
/s/ Jane C. Fogarty
Jane C. Fogarty
Executive Vice President, Legal