---
schema_version: "secwatch.filing_event.v1"
accession: "0001883085-25-000204"
form_type: "8-K"
ticker: "PGY"
cik: "0001883085"
company_name: "Pagaya Technologies Ltd."
filed_at: "2025-12-05T23:59:59+00:00"
generated_at: "2026-05-16T14:19:57.878108+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "medium"
source: SEC EDGAR
---

# Pagaya files S-3SAR to register warrant shares; recasts balance sheet

## Summary
- On Dec 5, 2025, Pagaya expects to file Form S-3SAR to register Class A shares for exercise of outstanding warrants from 2022 IPO.
- Registration is not a new offering; fulfills obligations under a Registration Rights Agreement.
- Exhibit 99.1 presents retrospective unclassified balance sheet for FY2024 and FY2023 (from 2024 10-K).
- Filing does not update for any developments or risks since the 2024 10-K filed March 12, 2025.

## SEC filing metadata
- accession: 0001883085-25-000204
- form_type: 8-K
- ticker: PGY
- cik: 0001883085
- company_name: Pagaya Technologies Ltd.
- filed_at: 2025-12-05T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: medium
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1883085/000188308525000204/0001883085-25-000204-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1883085/000188308525000204/pgy-20251205.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001883085-25-000204
- JSON: https://secwatch.observer/filing/0001883085-25-000204.json
- Plain text: https://secwatch.observer/filing/0001883085-25-000204.txt

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