Blog: ALIGHT, INC. / DELAWARE : Results of Operations and Financial Condition, Regulation FD Disclosure, Other Events, Financial Statements and Exhibits (form 8-K) – Marketscreener.com

Item 2.02 Results of Operations and Financial Condition.

On August 3, 2022, Alight, Inc. (the “Company”) issued a press release
announcing its financial results for the second quarter ended June 30, 2022. The
press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K
(this “Report”).

In accordance with General Instruction B.2 of Form 8-K, the information
contained in Items 2.02 and 7.01 of this Report and in Exhibit 99.1 is being
furnished and shall not be deemed “filed” with the Securities and Exchange
Commission (the “SEC”) for purposes of Section 18 of the Securities Exchange Act
of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability
of that section and will not be incorporated by reference into any registration
statement or other document filed by the Company under the Securities Act of
1933, as amended, or the Exchange Act, except as expressly set forth by specific
reference in such filing.

Exhibit 99.1 to this Report contains certain financial measures that are
considered “non-GAAP financial measures” as defined in the SEC rules. Exhibit
99.1 to this Report also contains the reconciliation of these non-GAAP financial
measures to their most directly comparable financial measures calculated and
presented in accordance with generally accepted accounting principles, as well
as the reasons why Registrant’s management believes that presentation of the
non-GAAP financial measures provides useful information to investors regarding
Registrant’s results of operations and, to the extent material, a statement
disclosing any other additional purposes for which Registrant’s management uses
the non-GAAP financial measures.

Item 7.01 Regulation FD Disclosure.

On August 3, 2022, the Company made available an investor presentation titled
“August 2022 Investor Presentation” through the Investors section of its website
(http://investor.alight.com). The Company may use the investor presentation,
which contains financial and other data, from time to time with investors,
analysts, and other interested parties to assist in their understanding of the
Company. The information found on, or otherwise accessible through, the
Company’s website is not incorporated by reference herein.

Item 8.01 Other Events.

On August 1, 2022, the Company’s Board of Directors authorized a share
repurchase program (the “Program”), under which the Company may repurchase up to
$100 million of issued and outstanding shares of the Company’s Class A Common
Stock, par value $0.0001 per share, from time to time, depending on market
conditions and alternate uses of capital. The Program may be effected through
open market purchases or privately negotiated transactions in compliance with
Rule 10b-18 under the Exchange Act, including through Rule 10b5-1 trading plans.
The Program has no expiration date and may be suspended or discontinued at any
time. The Program does not obligate the Company to purchase any particular
number of shares and there is no guarantee as to any number of shares being
repurchased by the Company.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

99.1 Press Release of the Registrant dated August 3, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

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