Expensify reduces authorized shares by 29,591 after retiring converted LT10/LT50 shares

Expensify, Inc.

Retired 284 shares of LT10 Common Stock and 29,307 shares of LT50 Common Stock converted to Class A upon forfeiture.
Total authorized shares reduced to 1,059,964,339, effective February 13, 2024.
Amended certificate of incorporation to reflect lower authorized capital; no impact on outstanding Class A shares.

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.: Certificate of Retirement filed to reduce authorized capital stock by 29,591 shares upon conversion and retirement of LT10 and LT50 common stock (effective 2024-02-13).

Change: charter amendment
Effective: 2024-02-13

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 29,591 shares.

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Expensify, Inc. filing history →

Source: SEC EDGAR

accession 0001476840-24-000008

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