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MicroStrategy | 8-K: Entered into a Leniency Agreement

MicroStrategy | 8-K: Entered into a Leniency Agreement

MicroStrategy | 8-K:簽訂寬大處理協議
美股sec公告 ·  07/05 08:27
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MicroStrategy Incorporated, through its subsidiary MicroStrategy Brasil, has entered into a leniency agreement with Brazil's Federal Comptroller General (CGU) and Federal General Attorney's Office (AGU) on July 4, 2024. This agreement follows MicroStrategy Brasil's voluntary disclosure in 2018 of non-compliance with Brazilian procurement regulations during 2014-2018. The subsidiary has agreed to pay approximately BRL 6.16 million (USD 1.1 million) and will undertake improvements to its compliance program. Additionally, the CGU will dismiss its administrative action against MicroStrategy Brasil. The leniency agreement, which grants immunity from debarment and other sanctions, is not expected to negatively impact MicroStrategy Brasil's operations. The company had previously set aside USD 1.2 million in reserve for these matters. MicroStrategy Brasil continues its business as usual, serving both public and private sector clients in Brazil.
MicroStrategy Incorporated, through its subsidiary MicroStrategy Brasil, has entered into a leniency agreement with Brazil's Federal Comptroller General (CGU) and Federal General Attorney's Office (AGU) on July 4, 2024. This agreement follows MicroStrategy Brasil's voluntary disclosure in 2018 of non-compliance with Brazilian procurement regulations during 2014-2018. The subsidiary has agreed to pay approximately BRL 6.16 million (USD 1.1 million) and will undertake improvements to its compliance program. Additionally, the CGU will dismiss its administrative action against MicroStrategy Brasil. The leniency agreement, which grants immunity from debarment and other sanctions, is not expected to negatively impact MicroStrategy Brasil's operations. The company had previously set aside USD 1.2 million in reserve for these matters. MicroStrategy Brasil continues its business as usual, serving both public and private sector clients in Brazil.
MicroStrategy Incorporate旗下的MicroStrategy Brasil於2024年7月4日與巴西聯邦審計總署和聯邦總檢察長辦公室達成寬限協議。此協議是基於MicroStrategy Brasil於2018年自願披露其在2014-2018年期間違反了巴西採購規定。該子公司已同意支付約616萬巴西雷亞爾(110萬美元)並將進行合規計劃的改進。此外,審計總署將取消對MicroStrategy Brasil的行政訴訟。寬限協議可免除禁用和其他制裁,不會對MicroStrategy Brasil的運營產生負面影響。該公司此前已預留120萬美元用於處理這些事宜。MicroStrategy Brasil在巴西繼續爲公共和私營領域客戶服務。
MicroStrategy Incorporate旗下的MicroStrategy Brasil於2024年7月4日與巴西聯邦審計總署和聯邦總檢察長辦公室達成寬限協議。此協議是基於MicroStrategy Brasil於2018年自願披露其在2014-2018年期間違反了巴西採購規定。該子公司已同意支付約616萬巴西雷亞爾(110萬美元)並將進行合規計劃的改進。此外,審計總署將取消對MicroStrategy Brasil的行政訴訟。寬限協議可免除禁用和其他制裁,不會對MicroStrategy Brasil的運營產生負面影響。該公司此前已預留120萬美元用於處理這些事宜。MicroStrategy Brasil在巴西繼續爲公共和私營領域客戶服務。
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