other material
confidence high
sentiment neutral
materiality 0.60
OppFi announces forfeiture of 25.5 million earnout units and Class V shares
OppFi Inc.
- 25,500,000 earnout Class A common units of Opportunity Financial forfeited for no consideration.
- 25,500,000 shares of Class V common stock associated with the Earnout Units also forfeited.
- Forfeiture occurred on third anniversary of business combination closing.
- No consideration was paid for either the Earnout Units or the Class V shares.