Saba Software, Inc. (SABA) - Description of business

Company Description
day of the registrant’s most recently completed second fiscal quarter, was approximately $27,400,000 (based on a closing sale price of $3.60 per share as reported for the Nasdaq Global Market (formerly the Nasdaq National Market)). Shares of common stock beneficially held by each executive officer and director and by each person who beneficially owns 5% or more of the outstanding common stock have been excluded since such persons may be deemed affiliates. This determination of affiliate status is not necessarily a conclusive determination for other purposes.