secwatch.observer — SEC 8-K summary
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Issuer:     PROSPER MARKETPLACE, INC (—)
CIK:        0001416265
Form:       8-K
Filed at:   2024-03-05T23:59:59+00:00
Accession:  0001552781-24-000062
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Prosper extends WebBank loan origination agreements to Feb 2027, reduces collateral
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/0001552781-24-000062-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1416265/000155278124000062/e24072_prosper-8k.htm
  HTML page:      https://secwatch.observer/filing/0001552781-24-000062

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