10-K/A: Thryv Holdings Files Amended 10-K to Correct Officer Certifications

Thryv Holdings has filed an amendment to its annual report to correct officer certifications required under the Sarbanes-Oxley Act.

Summary

• Thryv Holdings, Inc. filed an amendment to its 2023 annual report on Form 10-K.
• The amendment, filed on Form 10-K/A, was made solely to correct officer certifications required under Section 302 of the Sarbanes-Oxley Act of 2002.
• No other changes were made to the original 2023 Form 10-K, and the company has not updated disclosures to reflect events after the initial filing.
• The original 2023 Form 10-K was filed with the SEC on February 22, 2024.
• The company's common stock is traded on the Nasdaq Stock Market under the symbol THRY.
• As of February 20, 2024, there were 35,557,803 shares of the company's common stock outstanding.
• The aggregate market value of common stock held by non-affiliates was approximately $800 million as of June 30, 2023.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing to correct a minor issue. It does not indicate any significant positive or negative sentiment.

Positives

• The company is taking steps to ensure compliance with regulatory requirements by correcting officer certifications.

Risks

• The need to amend the 10-K may indicate potential weaknesses in internal controls or compliance procedures, although the document states the amendment is solely for officer certifications.
• Investors should review both the original 10-K and the amended 10-K/A to understand the full context of the company's financial reporting.

Management Comments

• Joseph A. Walsh, Chairman of the Board and Chief Executive Officer, certified the report.
• Paul D. Rouse, Chief Financial Officer, Executive Vice President and Treasurer, also certified the report.

Industry Context

This filing is a standard regulatory requirement for public companies and does not indicate any specific industry trend or competitive issue.

Comparison to Industry Standards

• The filing of an amended 10-K to correct officer certifications is not uncommon and is a standard practice to ensure compliance with the Sarbanes-Oxley Act.
• Many public companies have had to file similar amendments to correct errors or omissions in their filings.

Stakeholder Impact

• Shareholders should be aware of the amended filing and review it in conjunction with the original 10-K.
• The correction of officer certifications is a positive step towards ensuring accurate financial reporting.

Key Dates

Keywords

Form 10-K, Amendment, Officer Certifications, Sarbanes-Oxley Act, Financial Reporting, Compliance, Thryv Holdings, SEC Filing