---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-088439"
form_type: "8-K"
ticker: "DAVE"
cik: "0001841408"
company_name: "Dave Inc./DE"
filed_at: "2026-03-03T23:59:59+00:00"
generated_at: "2026-05-15T22:20:12.083491+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Dave Inc. announces $150M Convertible Senior Notes offering due 2031, with capped call and share repurchase

## Summary
- Offers $150M principal of 5-year convertible notes due 2031, with initial purchasers' option for additional $22.5M.
- Interest payable semi-annually on April 1 and October 1, beginning October 1, 2026; notes mature April 1, 2031.
- Proceeds used to fund capped call transactions, repurchase shares from note purchasers, and general corporate purposes.
- Capped call transactions expected to reduce potential dilution upon conversion; concurrent share repurchase at pricing closing price.
- Notes offered only to QIBs in reliance on Rule 144A; not registered under Securities Act or state law.

## SEC filing metadata
- accession: 0001193125-26-088439
- form_type: 8-K
- ticker: DAVE
- cik: 0001841408
- company_name: Dave Inc./DE
- filed_at: 2026-03-03T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1841408/000119312526088439/0001193125-26-088439-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1841408/000119312526088439/d864354d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-088439
- JSON: https://secwatch.observer/filing/0001193125-26-088439.json
- Plain text: https://secwatch.observer/filing/0001193125-26-088439.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.