---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-23-000014"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2023-02-08T23:59:59+00:00"
generated_at: "2026-06-19T21:40:55.356716+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

# Expensify retires 735 shares of LT10 common stock, reduces authorized shares

## Summary
- Filed Certificate of Retirement to retire 735 shares of LT10 Common Stock converted to Class A Common Stock.
- Total authorized shares reduced by 735 to 1,059,995,846.
- Retirement required by charter after forfeiture of unvested LT10 shares; no reissuance allowed.
- Authorized shares now include 1B Class A, ~24.997M LT10, ~24.999M LT50, and 10M preferred.

## SEC filing metadata
- accession: 0001476840-23-000014
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2023-02-08T23:59:59+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/1476840/000147684023000014/0001476840-23-000014-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684023000014/exfy-20230208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-23-000014
- JSON: https://secwatch.observer/filing/0001476840-23-000014.json
- Plain text: https://secwatch.observer/filing/0001476840-23-000014.txt

## Key facts
- Governance Changes
  Expensify, Inc.: Retired 735 shares of LT10 Common Stock, reducing authorized capital stock by 735 shares, effective upon filing with Delaware Secretary of State (effective 2023-02-08).
  - Change: charter amendment
  - Effective: 2023-02-08
  source text: On February 8, 2023, Expensify, Inc. (“Expensify” or the “Company”) filed a Certificate of Retirement with the Secretary of State of the State of Delaware to retire 735 shares of LT10 common stock, par value $0.0001 per share, of the Company (the “LT10 Common Stock”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476840/000147684023000014/0001476840-23-000014-index.htm

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