secwatch.observer — SEC 8-K summary
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Issuer:     Upstart Holdings, Inc. (UPST)
CIK:        0001647639
Form:       8-K
Filed at:   2025-02-14T23:59:59+00:00
Accession:  0001193125-25-026674
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Upstart launches $500M at-the-market equity offering program with BTIG
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- Up to $500M of common stock may be sold from time to time through BTIG as sales agent under ATM program.
- Net proceeds to be used for working capital and general corporate purposes.
- BTIG will receive commission of up to 2% of gross proceeds from sales.
- Sales may be made in at-the-market transactions under Rule 415; company has no obligation to sell any shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1647639/000119312525026674/0001193125-25-026674-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1647639/000119312525026674/d815135d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-026674

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