secwatch.observer — SEC 8-K summary
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Issuer:     Dave Inc./DE (DAVE)
CIK:        0001841408
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001193125-22-303917
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dave stockholders approve reverse split (1:5-1:50) and equity plan increase to 86.7M shares
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- Reverse stock split authorized at board's discretion; ratio range 1-for-5 to 1-for-50, expires Dec 31, 2023.
- Equity plan shares increased from 41.8M to 86.7M; auto-annual increase based on combined Class A and V common stock.
- Reverse split vote: 721.9M for, 5.5M against, 349.9k abstain; equity plan vote: 515.9M for, 14.6M against, 698.9k abstain.
- Quorum of 77.1% represented at special meeting held Dec 13, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1841408/000119312522303917/0001193125-22-303917-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1841408/000119312522303917/d281798d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-303917

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