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Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Termination of a Material Definitive Agreement. On June 1, 2026, the remaining outstanding aggregate principal amount of 3.75% Convertible Senior Notes due 2026 (the “Notes”) issued by Accuray Incorporated (the “Company”), pursuant to the Indenture, dated as of May 13, 2021 (the “Indenture”), by and among the Company and The Bank of New York Mellon Trust Company, N.A., as trustee (the “Trustee”), matured and were repaid in full by the Company, together with accrued and unpaid interest thereon…
Results of Operations and Financial Condition. On May 6, 2026, the Company issued a press release announcing its financial results for the third quarter ended March 31, 2026, and the withdrawal of its financial guidance for fiscal year 2026. A copy of the Company’s press release dated May 6, 2026, titled “Accuray Reports Fiscal 2026 Third Quarter Financial Results” is furnished as Exhibit 99.1 hereto and is incorporated herein by reference. The foregoing information (including the exhibits he…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) Leonel Peralta, Senior Vice President, Chief Operations Officer of Accuray Incorporated (the “Company”), departed from the Company effective April 26, 2026. Mr. Peralta’s resignation was not a result of any disagreement with the Company or the Board of Directors of the Company, or any matter relating to the Company’s operations, policies or pra…
Entry into a Material Definitive Agreement. Amendment to Consulting Agreement On April 1, 2026, Accuray Incorporated (the “Company”) entered into a letter agreement amendment (the “Amendment”) to the Consulting Agreement with Dedication Capital, LLC (an affiliate of Steven F. Mayer, a member of the board of directors of the Company), dated October 18, 2025 (together with the Amendment, the “Consulting Agreement”). Pursuant to the Amendment, the cash compensation payable under the Consulting A…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As previously disclosed, Sandeep Chalke, the Senior Vice President, Chief Commercial Officer of Accuray Incorporated (the “Company”), will depart from the company effective March 31, 2026. In connection with Mr. Chalke’s departure, on March 13, 2026, the Company entered into a separation agreement and general release (the “Separation Agreement”) wi…
Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review. Accuray Incorporated (the “Company”) recently discovered errors related to the disclosure of remaining performance obligations (“RPO”) included in Note 2, Revenue, within previously filed Form 10-K and Form 10-Q’s. The errors are expected to have no impact on the Balance Sheets, Income Statements and Statements of Cash Flows included in the previously filed audited annual or unaudited…
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. (a) On February 2, 2026, the Company received a notice from the Nasdaq Listing Qualifications Department (the “Nasdaq Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price for the last 30 consecutive business days, the Company was no longer in compliance with Nasdaq Listing Rules 5550(a)(2) (the “Bid Price Rule”) which requires listed securities to…
Results of Operations and Financial Condition. On February 4, 2026 the Company issued a press release announcing its financial results for the second quarter ended December 31, 2025. A copy of the Company’s press release dated February 4, 2026, titled “Accuray Reports Fiscal 2026 Second Quarter Financial Results” is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing information (including the exhibit hereto) is being furnished under “
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On January 15, 2026, Sandeep Chalke provided Accuray Incorporated (the “Company”) with notice of his intent to resign from his position as Senior Vice President, Chief Commercial Officer of the Company, which resignation will be effective on March 31, 2026. Mr. Chalke’s resignation was not a result of any disagreement with the Company or the Bo…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On December 27, 2025, Byron C. Scott, a Class II director of Accuray Incorporated (the “Company”), informed the Company’s Board of Directors (the “Board”) that he will retire from the Board, including all committees of the Board on which he sits, effective December 31, 2025. The decision by Mr. Scott to retire from the Board is not due to any d…
Costs Associated with Exit or Disposal Activities On December 15, 2025, as a part of the first phase of its organizational, strategic, and operational transformation plan, the Company initiated an organizational realignment that included a reduction of its global workforce and other operating profit improvement initiatives. On December 15, 2025, the Company informed affected employees of such organizational realignment, which resulted in the elimination of approximately 15 percent of the Comp…
Entry into a Material Definitive Agreement Amendments to Financing Agreement On December 12, 2025, Accuray Incorporated (the “Company”) entered into Amendment No. 1 to Financing Agreement (the “First Amendment”) in respect of its Financing Agreement, dated as of June 6, 2025 (as amended, amended and restated, supplemented, revised, or otherwise modified from time to time, the “Loan Agreement”), by and among the Company, the guarantors party thereto, TCW Asset Management Company LLC, as admini…
Unregistered Sales of Equity Securities The issuance of the Warrants and the shares underlying such Warrants will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), and will be issued in reliance upon the exemption provided in Section 4(a)(2) of the Securities Act promulgated thereunder. The information set forth in
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (a) 2026 Equity Incentive Plan At the Annual Meeting of Stockholders of Accuray Incorporated (the “Company”) held on November 13, 2025 (the “2025 Annual Meeting”), the Company’s stockholders approved the Company’s 2026 Equity Incentive Plan. A description of the 2026 Equity Incentive Plan is set forth in the Company’s definitive proxy statement on…
Results of Operations and Financial Condition. On November 5, 2025, the Company issued a press release announcing its financial results for the first quarter ended September 30, 2025. A copy of the Company’s press release dated November 5, 2025, titled “Accuray Reports Fiscal 2026 First Quarter Financial Results” is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing information (including the exhibit hereto) is being furnished under “
Results of Operations and Financial Condition” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), except as shall be expressly set forth by specific reference in such filing.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers On October 20, 2025, the Company announced that the Board had appointed Stephen La Neve as President and Chief Executive Officer of the Company, effective as of October 20, 2025. Mr. La Neve was also appointed to the Board as a Class III director with his initial term ending at the Company’s 2027 annual meeting of stockholders. Mr. La Neve will succ…
Entry into a Material Definitive Agreement Consulting Agreement (Related Party Transaction) On October 18, 2025, Accuray Incorporated (the “Company” or “Accuray”) entered into a consulting agreement (the “Agreement”) with Dedication Capital, LLC (“Dedication Capital”), an affiliate of Steven F. Mayer, a member of the board of directors (the “Board”) of the Company. Pursuant to the Agreement, Mr. Mayer, the chief executive officer of Dedication Capital, will be appointed as Transformation Boar…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (e) On September 19, 2025, Accuray Incorporated (the “Company”) entered into a consulting agreement with Jesse Chew, its Senior Vice President, Chief Legal Officer and Corporate Secretary, to assist in the transition of his responsibilities after his departure from the Company on September 19, 2025. Mr. Chew will provide consulting and transition s…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On August 19, 2025, Robert C. Kill, a Class I director of Accuray Incorporated (the “Company”), informed the Company’s Board of Directors (the “Board”) of his intention not to stand for re-election at the Company’s 2025 annual meeting of stockholders to be held in November 2025 (the “Annual Meeting”). Mr. Kill will continue to serve as a direct…
Results of Operations and Financial Condition. On August 13, 2025, Accuray Incorporated (the “Company”) issued a press release announcing its financial results for the fourth quarter and fiscal year ended June 30, 2025. A copy of the Company’s press release dated August 13, 2025, titled “Accuray Reports Fourth Quarter and Fiscal 2025 Financial Results” is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The foregoing information (including the exhibit hereto) is being…
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 3, 2025, the Board appointed Steven F. Mayer to the Board as a Class III director, with a term expiring at the Company’s 2027 annual meeting of stockholders, effective immediately prior to, and contingent upon, the effectiveness of the Financing Agreement. In connection with his appointment, Mr. Mayer will receive the same cash and equity c…
Unregistered Sales of Equity Securities The Shares are expected to be issued to the Exchange Participants in reliance on the exemption from registration provided by Section 3(a)(9) of the Securities Act, as securities exchanged by the Company with an existing security holder where no commission or other remuneration was paid or given directly or indirectly for soliciting such exchange. The Company may engage in similar transactions in the future but is under no obligation to do so. The issuan…
Termination of Material Definitive Agreements On June 6, 2025, concurrently with the Company’s entry into the Refinancing Agreements described in
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant. The information set forth in
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