other_materialconfidence high
Expensify commences $25M modified Dutch auction tender offer at $0.98-$1.20/share
Expensify, Inc.
- Up to $25M aggregate purchase price; price range $0.98-$1.20 per share.
- Expires June 10, 2026; no minimum shares condition.
- If fully subscribed, purchases ~25-30% of outstanding shares (20.8M-25.5M shares).
- No directors or officers will tender any shares.
- Citizens JMP Securities is dealer manager; Georgeson LLC is information agent.
item 7.01item 9.01
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