secwatch.observer — SEC 8-K summary
======================================

Issuer:     Expensify, Inc. (EXFY)
CIK:        0001476840
Form:       8-K
Filed at:   2024-09-03T23:59:59+00:00
Accession:  0001476840-24-000189
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Expensify repurchases 645,938 shares from Barrett Trust for $1.51M; repays mortgage
--------------------------------------------------------------------------------

- Repurchased 645,938 Class A shares at $2.33839/share from Barrett Trust LLC, total $1,510,456.
- Shares to be retired; ~$39.5M remains under existing repurchase authorization.
- Repaid in full the mortgage on Portland commercial building; terminated 2019 CIBC Loan Agreement.
- Repurchase closing expected on or about September 3, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1476840/000147684024000189/0001476840-24-000189-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1476840/000147684024000189/exfy-20240828.htm
  HTML page:      https://secwatch.observer/filing/0001476840-24-000189

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer