Expensify retires 150 LT50 common shares after conversion, reducing authorized count

Expensify, Inc.

Filed Certificate of Retirement with Delaware to retire 150 LT50 shares converted to Class A common stock.
Total authorized shares reduced to 1,059,996,581; Class A authorized unchanged at 1B.
Retired shares may not be reissued under Amended Charter; no effect on outstanding Class A.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

Expensify, Inc.: Retired 150 shares of LT50 common stock, amending the Amended and Restated Certificate of Incorporation to reduce total authorized shares by 150, from 1,060,000,000 to 1,059,996,581 (effective 2022-11-22).

Change: charter amendment
Effective: 2022-11-22

Exact text from the filing

On November 22, 2022, Expensify, Inc. (“Expensify” or the “Company”) filed a Certificate of Retirement with the Secretary of State of the State of Delaware to retire 150 shares of LT50 common stock, par value $0.0001 per share, of the Company (the “LT50 Common Stock”).

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Expensify, Inc. filing history →

Source: SEC EDGAR

accession 0001476840-22-000139

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