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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
______________________________


FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 21, 2025 (January 21, 2025)
LOGILITY SUPPLY CHAIN SOLUTIONS, INC.
(Exact Name of Registrant as Specified in Charter)
Commission File Number 0-12456
Georgia58-1098795
(State or Other Jurisdiction(I.R.S. Employer
of Incorporation)Identification No.)

 470 East Paces Ferry Road, NE, Atlanta, Georgia 30305
(Address of principal executive offices)

(404) 261-4381
Registrant's telephone number, including area code

Not Applicable
(Former Name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading SymbolsName of Exchange on which Registered
Common StockLGTYNASDAQ Global Select Market
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
☐    Emerging Growth Company
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financing accounting standards provided pursuant to Section 13(a) of the Exchange Act.
☐



ITEM 7.01 REGULATION AND DISCLOSURE

On January 21, 2025, Logility Supply Chain Solutions, Inc. (the “Company”) issued a press release announcing the tax treatment of 2024 distributions to shareholders. A copy of the press release is furnished as Exhibit 99.1 to this Current Report.


ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS

(d) Exhibits.



SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: January 21, 2025
LOGILITY SUPPLY CHAIN SOLUTIONS, INC.
(Registrant)
 By:/s/ Vincent C. Klinges
Name:Vincent C. Klinges
Title:Chief Financial Officer



                image_0.jpg


FOR IMMEDIATE RELEASE
Contact:Vince C. Klinges
Chief Financial Officer
Logility Supply Chain Solutions, Inc.
(404) 264-5477
                    

LOGILITY SUPPLY CHAIN SOLUTIONS ANNOUNCES TAX TREATMENT OF 2024 DISTRIBUTIONS

ATLANTA, GA (January 21, 2025) - Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY) has determined that certain 2024 distributions are considered to be return of capital (non-dividend) distributions.

This tax treatment will affect shareholders’ tax basis in their shares. To assist investors with tax reporting, Form 8937, Report of Organizational Actions Affecting Basis of Securities has been posted on the Investor section of the Company’s website under “Investor Relations.”

Shareholders should consult their tax advisors to determine how this change may affect their 2024 taxes.

About Logility Supply Chain Solutions, Inc.

Atlanta-based Logility Supply Chain Solutions, Inc. (NASDAQ: LGTY), through its operating entity Logility is a market-leading provider of AI-first supply chain management solutions engineered to help organizations build sustainable digital supply chains that improve people’s lives and the world we live in. The company’s approach is designed to reimagine supply chain planning by shifting away from traditional “what happened” processes to an AI-driven strategy that combines the power of humans and machines to predict and be ready for what’s coming. Logility’s fully integrated, end-to-end platform helps clients know faster, turn uncertainty into opportunity, and transform supply chain from a cost center to an engine for growth. With over 550 clients in 80 countries, the company is headquartered in Atlanta, GA. You can learn more about Logility Supply Chain Solutions at www.logility.com, or by calling (404) 364-7615 or emailing Press@Logility.com.


Logility® is a registered trademark of Logility, Inc. Other products mentioned in this document are registered, trademarked or service marked by their respective owners.






LOGILITY SUPPLY CHAIN SOULTIONS, INC.
FORM 8937
ATTACHMENT 1
WITH RESPECT TO RETURN OF CAPITAL DISTRIBUTIONS

Part II, Box 14

Logility Supply Chain Solutions, Inc. declared and paid cash dividends to shareholders of record on the dates shown below. Each of these dividends constituted a return of capital for U.S. Federal Income Tax purposes.

Nondividend distributions made to holders of Logility Supply Chain Solutions, Inc. Common Stock (Ticker Symbol: LGTY, CUSIP:029683109) were as follows:

Record Date
Payable Date
Distribution Rate per Share
Return of Capital % of Distribution
2/2/2024
2/16/2024
$0.11
26.587%
5/3/2024
5/17/2024
$0.11
29.313%
8/16/2024
8/30/2024
$0.11
53.137%
11/15/2024
11/29/2024
$0.11
71.513%

Part II, Box 15
Each shareholder that received a dividend with respect to a share held on the Record Date must reduce its tax basis in that share by the percentage reflected of the amount of the dividend recorded that was a return of capital. To the extent that the dividends received exceed a shareholder’s tax basis in the share, the excess will constitute a taxable gain. Shareholders should consult their tax advisors with respect to the U.S. Federal Income Tax treatment of any such gain as the tax treatment of the gain will depend on the shareholder’s individual tax circumstances.
Part II, Box 16
Please see Part II, Box 15 above for a general description of a shareholder’s change in basis calculation. The amount of the basis reduction described will be measured by the amount of cash distributions received.
Part II, Box 17
Tax consequences are determined under Sections 301(c) and 1001 of the Code.
Part II, Box 18
No tax loss will arise from the receipt of these cash distributions.
Part II, Box 19
Adjustments to the tax basis of stock (and of any taxable gain) resulting from these cash distributions are reportable in the tax period in which each distribution was received. For calendar year taxpayers, the reportable tax year for the aggregate distributions received is 2024.

Individual tax consequences may vary. Shareholders are urged to consult their own tax advisors. The information contained herein does not constitute tax advice. It is not intended or written to be used, and cannot be used, for the purpose of avoiding tax penalties.




Contacts
Vince C. Klinges
Chief Financial Officer
Logility Supply Chain Solutions, Inc
(404) 264-5477

v3.24.4
Cover
Jan. 21, 2025
Cover [Abstract]  
Document Type 8-K
Document Period End Date Jan. 21, 2025
Entity Registrant Name LOGILITY SUPPLY CHAIN SOLUTIONS, INC.
Entity File Number 0-12456
Entity Incorporation, State or Country Code GA
Entity Tax Identification Number 58-1098795
Entity Address, Address Line One 470 East Paces Ferry Road, NE
Entity Address, City or Town Atlanta
Entity Address, State or Province GA
Entity Address, Postal Zip Code 30305
City Area Code 404
Local Phone Number 261-4381
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Stock
Trading Symbol LGTY
Entity Emerging Growth Company false
Entity Central Index Key 0000713425
Amendment Flag false
Security Exchange Name NASDAQ
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