---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-22-000139"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2022-11-22T23:59:59+00:00"
generated_at: "2026-06-21T14:02:47.043344+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001476840-22-000139
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2022-11-22T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.1
- calibrated_materiality_score: 0.1
- confidence: high
- sec_items: 5.03, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000139/0001476840-22-000139-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000139/exfy-20221122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-22-000139
- JSON: https://secwatch.observer/filing/0001476840-22-000139.json
- Plain text: https://secwatch.observer/filing/0001476840-22-000139.txt

## Key facts
- Governance Changes
  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
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000139/0001476840-22-000139-index.htm

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