---
schema_version: "secwatch.filing_event.v1"
accession: "0001883085-24-000122"
form_type: "8-K"
ticker: "PGY"
cik: "0001883085"
company_name: "Pagaya Technologies Ltd."
filed_at: "2024-09-16T23:59:59+00:00"
generated_at: "2026-05-31T04:43:29.959137+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pagaya grants warrants to Castlelake as consideration for forward flow funding

## Summary
- Up to 1.2275% of fully diluted shares per month; maximum 2.5% on commitment upsizing.
- Warrants have exercise price of $0.01 per share, 10-year term, immediately exercisable.
- Issued in connection with Castlelake's monthly minimum funding of loans under forward flow arrangement.
- Exempt from registration under Section 4(a)(2) of Securities Act.

## SEC filing metadata
- accession: 0001883085-24-000122
- form_type: 8-K
- ticker: PGY
- cik: 0001883085
- company_name: Pagaya Technologies Ltd.
- filed_at: 2024-09-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883085/000188308524000122/0001883085-24-000122-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883085/000188308524000122/pgy-20240913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883085-24-000122
- JSON: https://secwatch.observer/filing/0001883085-24-000122.json
- Plain text: https://secwatch.observer/filing/0001883085-24-000122.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.