---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-24-000008"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2024-02-14T23:59:59+00:00"
generated_at: "2026-06-06T02:14:02.369005+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.1
calibrated_materiality_score: 0.1
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001476840-24-000008
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2024-02-14T23:59:59+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/1476840/000147684024000008/0001476840-24-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684024000008/exfy-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-24-000008
- JSON: https://secwatch.observer/filing/0001476840-24-000008.json
- Plain text: https://secwatch.observer/filing/0001476840-24-000008.txt

## Key facts
- Governance Changes
  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
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476840/000147684024000008/0001476840-24-000008-index.htm

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