secwatch.observer — SEC 8-K summary
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Issuer:     OppFi Inc. (OPFI)
CIK:        0001818502
Form:       8-K
Filed at:   2022-02-28T23:59:59+00:00
Accession:  0001193125-22-055696
Event type: leadership
Sentiment:  neutral
Materiality: 0.80
Item codes: 2.02, 7.01, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OppFi Appoints Founder Todd Schwartz as CEO, Updates 2021 Financial Outlook
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- Todd Schwartz appointed CEO effective Feb 28, 2022; Neville Crawley resigns as CEO and director.
- OppFi reaffirms 2021 revenue of $350-352M and raises adjusted net income outlook to $64-66M.
- CFO Shiven Shah enters employment agreement with base salary $375,000 and target bonus 60%.
- Adjusted EBITDA outlook lowered to $115-117M from prior $120-125M.
- Ending receivables expected $335-338M, up from prior $315-325M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1818502/000119312522055696/0001193125-22-055696-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1818502/000119312522055696/d284384d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-055696

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer