Item 7.01
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Regulation FD Disclosure
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On February 6, 2020, Telenav, Inc. (the “Company”) issued a press release announcing its financial results for the three months ended December 31, 2019. The Company also issued a related investor presentation (which the Company also posted on its website), and hosted an investor conference call and webcast, wherein the Company commented on operating results for the Company’s three months ended December 31, 2019 and provided outlook for the three months ending March 31, 2020. Subsequent to the issuance of the press release and related investor presentation (attached to the Form 8-K dated February 6, 2020 as Exhibits 99.1 and 99.2, respectively), and conference call and webcast with investors, the Company further reviewed and updated its reporting of revenue related to its agreements with Grab Holdings, Inc. and certain of its subsidiaries (the “Grab Transaction,” and Grab, together with its certain subsidiaries, collectively “Grab”). This updated revenue related to the Grab Transaction affects the three months ended September 30, 2019 and the three and six months ended December 31, 2019, as well as the outlook the Company provided on February 6, 2020 for the three months ending March 31, 2020.
On February 13, 2020, the Company filed an amended Form 10-Q for the three months ended September 30, 2019 and a Form 10-Q for the three and six months ended December 31, 2020. On February 13, 2020, the Company also issued a press release regarding its updated results for the three months ended September 30, 2019 and the three and six months ended December 31, 2020, as well as its outlook for the three months ending March 31, 2020.
The Information in this Current Report on Form 8-K (this “8-K”), including Exhibits 99.1 and 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
The Company is making reference to non-GAAP financial information in the attached exhibits to this 8-K. A reconciliation of these non-GAAP financial measures to the comparable GAAP financial measures is contained in the attached exhibits and the financial tables attached to each.