4 unchanged sentences
Evaluation of Disclosure Controls and Procedures
−Removed: Our management, with the participation of our principal executive officer and principal financial officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of
−Removed: the end of the period covered by this Annual Report on Form 10-K.
+Added: Our management, with the participation of our principal executive officer and principal financial officer, has evaluated the effectiveness of our disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) under the Exchange Act) as of the end of the period covered by this Annual Report on Form 10-K.
Based on such evaluation, our principal executive officer and principal financial officer have concluded that as of December 31, 2024, our disclosure controls and procedures were not effective as a result of the material weakness in our internal control over financial reporting described below.
7 unchanged sentences
The scope of our management’s assessment of the effectiveness of internal control over financial reporting includes all of our Company’s consolidated operations.
−Removed: In connection with the preparation of the financial statements for this Annual Report on Form 10-K, we identified a material weakness related to the lack of properly designed controls over certain of our order to cash revenue accounting processes.
+Added: In connection with the preparation of the financial statements for this Annual Report on Form 10-K, we identified a material weakness, as previously disclosed in our Annual Report on Form 10-K for the year ended December 31, 2023, that has not been remediated as of December 31, 2024 related to the lack of properly designed controls over certain of our order to cash revenue accounting processes.
Specifically, adequate controls are not in place primarily as a result of (a) the lack of full system integration for certain of our order to cash systems and (b) control deficiencies within the manual controls designed to mitigate that risk.
1 unchanged sentence
Remediation Efforts to Address Material Weakness
−Removed: We are in the process of remediating the aforementioned material weakness and will continue our efforts to do so until such remediation is complete.
+Added: While progress has been made to remediate the material weakness, as of December 31, 2024, we are still in the process of remediating the aforementioned material weakness and will continue our efforts to do so until such remediation is complete.
While we have taken steps to improve our internal control over financial reporting and have remediated our previously identified material weakness related to certain information technology general controls (“ITGCs”), we maintain a disaggregated information technology infrastructure due to a series of historical business combinations.
8 unchanged sentences
Changes in Internal Control Over Financial Reporting
−Removed: As previously disclosed in our 10-K for the year ended December 31, 2022, management previously determined a material weakness existed in the Company’s internal control over financial reporting related to ITGCs that support certain of the Company’s product lines within vertical brands’ revenue processes, which were found not to be operating effectively.
−Removed: In response to the identification of this material weakness, we took action to remediate it, including enhancing the control environment, additional training for the control owners, and increased documentation.
−Removed: Management completed its testing of the updated controls and determined that this material weakness in our internal control was remediated as of December 31, 2023.
−Removed: Other than the foregoing, there have been no changes in
−Removed: internal control over financial reporting during the quarter ended December 31, 2023 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: Other than as described above with respect to our remediation efforts to address the material weakness, there were no changes in our internal control over financial reporting during the quarter ended December 31, 2024 that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
Other Information
16 unchanged sentences
Matthew Feierstein 52 President Same
−Removed: Marc Thompson 59 Chief Financial Officer Same
−Removed: Evan Berlin 42 Chief Operating Officer Same
−Removed: Lisa Storey 42 Chief Legal Officer
+Added: 53 Chief Financial Officer Same
+Added: Lisa Storey 43 Chief Legal Officer, Corporate Secretary and Chief Compliance Officer
Non-Employee Directors
1 unchanged sentence
67 Director Former SVP and Chief Marketing Officer of Qualcomm Incorporated
−Removed: Kimberly Ellison-Taylor (2)
−Removed: 53 Director Chief Executive Officer of KET Solutions, LLC
Mark Hastings (3)
57 Director Chief Executive Officer of PSG Equity L.L.C.
−Removed: John Marquis (1)
−Removed: 36 Director Managing Director of PSG Equity L.L.C.
+Added: Tanner Austin
+Added: 33 Director Principal at PSG Equity L.L.C.
Joseph Osnoss (3)
47 Director Managing Partner of Silver Lake
−Removed: John Rudella 53 Director Director of Silver Lake
+Added: John Rudella (1)
+Added: 54 Director Director of Silver Lake
66 Director Managing Partner of Specie Mesa L.L.C.
−Removed: Debby Soo (1)
−Removed: 43 Director Chief Executive Officer of OpenTable, Inc.
+Added: Alexi Wellman (2)
+Added: 54 Director Chief Executive Officer of Altaba, Inc.
(1) Member of the Nominating and Corporate Governance Committee
18 unchanged sentences
Consolidated Statements of Operations and Comprehensive Loss for the years ended December 31, 2024, 2023 and 2022
−Removed: Consolidated Statements of Convertible Preferred Stock and Stockholders’ Equity (Deficit) for the years ended December 31, 2023, 2022 and 2021
+Added: Consolidated Statements of Stockholders’ Equity for the years ended December 31, 2024, 2023 and 2022
Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023 and 2022
−Removed: Notes to Consolidated Financial Statements III- 27
+Added: Notes to Consolidated Financial Statements II- 28
Financial Statement Schedules
25 unchanged sentences
S-1/A 333-256641 10.2 06/23/21
−Removed: 10.3# Amended and Restated Restricted Stock Award Agreement by and between the Company and Eric Remer, dated as of August 23, 2019, as amended
−Removed: S-1/A 333-256641 10.3 06/23/21
−Removed: 10.4# Amended and Restated Restricted Stock Award Agreement by and between the Company and Matt Feierstein, dated as of August 23, 2019, as amended
−Removed: S-1/A 333-256641 10.4 06/23/21
−Removed: 10.5# Amended and Restated Restricted Stock Award Agreement by and between the Company and Marc Thompson, dated as of August 23, 2019, as amended
−Removed: S-1/A 333-256641 10.5 06/23/21
EverCommerce Inc.
11 unchanged sentences
EverCommerce Inc.
−Removed: Non-Employee Director Compensation Policy
−Removed: S-1/A 333-256641 10.8 06/23/21
+Added: Amended and Restated Non-Employee Director Compensation Policy
+Added: 10.1 05/09/24
Employment Agreement by and between the Company and Eric Remer, dated July 1, 2021
4 unchanged sentences
10-K 001-40575 10.13# 03/15/22
+Added: Separation Agreement by and between the Company and Marc Thompson dated August 6, 2024
+Added: 10.1 11/12/24
+Added: Employment Agreement by and between the Company and Ryan Siurek dated August 6, 2024
+Added: 10.2 11/12/24
PaySimple, Inc.
9 unchanged sentences
001-40575 10.1 08/08/23
+Added: Amendment No.
+Added: 3, dated as of December 13, 2024, to the Credit Agreement, dated as of July 6, 2021, among EverCommerce Intermediate Inc., EverCommerce Solutions Inc., Royal Bank of Canada, as administrative agent and collateral agent, and the other parties and lenders party thereto
+Added: 10.1 12/16/24
10.16 Collateral Agreement, dated July 6, 2021
5 unchanged sentences
S-1 333-256641 10.13 05/28/21
+Added: 19.1 I nsider Trading Compliance Policy
21.1 List of Subsidiaries of the Registrant
6 unchanged sentences
Policy for Recovery of Erroneously Awarded Compensation
+Added: 97.1 3/14/2024
101.INS Inline XBRL Instance Document – the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document *
17 unchanged sentences
March 13, 2025
−Removed: /s/ Marc Thompson
−Removed: Marc Thompson
Chief Financial Officer
(Principal Financial Officer)
−Removed: March 14, 2024
−Removed: Chief Accounting Officer
−Removed: (Principal Accounting Officer)
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant in the capacities and on the dates indicated.
1 unchanged sentence
/s/ Eric Remer Director and Chief Executive Officer (Principal Executive Officer) March 13, 2025
−Removed: /s/ Marc Thompson Chief Financial Officer (Principal Financial Officer) March 14, 2024
−Removed: Marc Thompson
−Removed: Chief Accounting Officer (Principal Accounting Officer) March 14, 2024
+Added: Siurek Chief Financial Officer (Principal Financial and Accounting Officer)
+Added: March 13, 2025
/s/ Penny Baldwin-Leonard Director March 13, 2025
Penny Baldwin-Leonard
−Removed: /s/ Kimberly Ellison-Taylor Director March 14, 2024
−Removed: Kimberly Ellison-Taylor
/s/ Mark Hastings Director March 13, 2025
Mark Hastings
−Removed: /s/ John Marquis Director March 14, 2024
+Added: /s/ Tanner Austin
+Added: Director March 13, 2025
+Added: Tanner Austin
/s/ Joseph Osnoss Director March 13, 2025
3 unchanged sentences
Simonson Director March 13, 2025
−Removed: /s/ Debby Soo Director March 14, 2024
+Added: Director March 13, 2025
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.