Expensify retires 1,328 shares of converted LT common stock, reduces authorized capital

Expensify, Inc.

Filed Certificate of Retirement to retire 1,249 LT10 shares and 79 LT50 shares converted into Class A common stock.
Retired shares were unvested forfeited shares; cannot be reissued per company's charter.
Authorized capital reduced by 1,328 shares to 1,059,993,930 total shares across all classes.
No change in total outstanding shares or financial position of the company.

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.: Reduced total authorized shares of capital stock by 1,328 shares via certificate of retirement of converted shares (effective 2023-08-03).

Change: charter amendment
Effective: 2023-08-03

Exact text from the filing

Effective upon filing, the Certificate of Retirement amended the Amended and Restated Certificate of Incorporation of the Company to reduce the total authorized number of shares of capital stock of the Company by 1,328 shares.

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Expensify, Inc. filing history →

Source: SEC EDGAR

accession 0001476840-23-000141

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