{"schema_version":"secwatch.filing_event.v1","accession":"0001552781-24-000062","form_type":"8-K","ticker":null,"cik":"0001416265","company_name":"PROSPER MARKETPLACE, INC","filed_at":"2024-03-05T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.119652+00:00","generated_at":"2026-06-05T03:41:51.684511+00:00","sec_items":["1.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Prosper extends WebBank loan origination agreements to Feb 2027, reduces collateral","bullets":["Sale and Marketing Agreements term extended to February 1, 2027.","Collateral requirements reduced under both Sale Agreement and Purchase Agreement.","Program Threshold Amount revised; modification mechanism updated.","Amendments executed on February 28, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001552781-24-000062","json":"https://secwatch.observer/filing/0001552781-24-000062.json","markdown":"https://secwatch.observer/filing/0001552781-24-000062.md","text":"https://secwatch.observer/filing/0001552781-24-000062.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/0001552781-24-000062-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/e24072_prosper-8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T03:41:51.684511+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"060f1c166f219cc2c1cb0b8c1250fa8b92f1fcd7","claim":"PROSPER MARKETPLACE, INC amended Sale Agreement Amendment with WebBank (effective 2024-02-28).","evidence_excerpt":"(i) a Seventh Amendment (the “ Sale Agreement Amendment ”) to the Asset Sale Agreement, dated July 1, 2016, between PFL and WebBank (the “ Sale Agreement \");","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/0001552781-24-000062-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"WebBank"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"},{"claim_id":"875fdda9d7c83204084d28848b0efbcfcc020674","claim":"PROSPER MARKETPLACE, INC amended Purchase Agreement Amendment with WebBank (effective 2024-02-28).","evidence_excerpt":"(iii) a Fourth Amendment (the “ Purchase Agreement Amendment ”) to the Stand By Purchase Agreement, dated July 1, 2016, between PMI and WebBank (the “ Purchase Agreement ”","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/0001552781-24-000062-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"WebBank"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"},{"claim_id":"8a5347b6e40598cb441a3da7f9cd27d3adbfb814","claim":"PROSPER MARKETPLACE, INC amended Marketing Agreement Amendment with WebBank (effective 2024-02-28).","evidence_excerpt":"(ii) a Seventh Amendment (the “ Marketing Agreement Amendment ”) to the Marketing Agreement, dated July 1, 2016, between PMI and WebBank (the “ Marketing Agreement \");","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/0001552781-24-000062-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"amendment"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"WebBank"},{"label":"Effective","value":"2024-02-28"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}