Source-grounded facts extracted from Lyft, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
David E. Stephenson was appointed as Class I Director at Lyft, Inc..
“On February 1, 2023, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed David E. Stephenson to serve as a member of the Board as a Class I director, with a term of office expiring at the Company’s 2023 Annual Meeting of Stockholders.”
Lyft, Inc.: Amended and Restated Bylaws incorporating changes to align with Delaware law and other enhancements (effective 2022-11-02).
“On November 2, 2022, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) approved the Company’s Amended and Restated Bylaws (the “Amended Bylaws”), effective November 2, 2022.”
Lyft, Inc. reported the quarter ended September 30, 2022 results: revenue $1.05 billion, net income $422.2 million. Guidance initiated.
“Lyft Announces Third Quarter Results Q3 revenue of $1.05 billion was an all-time high Q3 net loss of $422.2 million”
Lyft, Inc. incurred revolving credit of $420.0 million with JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders party thereto at Adjusted Term SOFR Rate plus a variable rate based on the Company’s total levera maturing the earlier of (i) November 3, 2027 and (ii) February 13, 2025.
“On November 3, 2022, Lyft, Inc. (the “Company” or "Lyft") entered into a Revolving Credit Agreement (the “Credit Agreement”) by and among the Company, as the borrower, JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders party thereto from time to time. The Credit Agreement provides the Company with a senior secured revolving credit facility (the “Revolving Credit Facility”) in an aggregate principal amount of $420.0 million that matures on the earlier of (i) November 3, 2027 and (ii) February 13, 2025”
Lyft, Inc. entered into Credit Agreement with JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders party thereto valued at $420.0 million (effective 2022-11-03).
“On November 3, 2022, Lyft, Inc. (the “Company” or "Lyft") entered into a Revolving Credit Agreement (the “Credit Agreement”) by and among the Company, as the borrower, JPMorgan Chase Bank, N.A., as administrative agent, and certain lenders party thereto from time to time.”
Lyft, Inc. announced a restructuring with charges of restructuring and related charges related to employee severance and benefits costs affecting entire company (termination of approximately 683 employees, representing 13% of the Company’s employees).
“On November 3, 2022, the Company committed to a plan of termination as part of the Company’s efforts to reduce operating expenses and adjust cash flows as described in Item 2.02 above. The plan involves the termination of approximately 683 employees, representing 13% of the Company’s employees. In connection with the plan of termination, the Company estimates that it will incur approximately $27 million to $32 million of restructuring and related charges related to employee severance and benefits costs, which the Company expects to incur in the fourth quarter of 2022.”
Elaine Paul was appointed as Chief Financial Officer at Lyft, Inc..
“the appointment of Elaine Paul as the Chief Financial Officer of the Company, effective January 3, 2022”
Brian Roberts resigned as Chief Financial Officer at Lyft, Inc..
“Brian Roberts, the Company’s Chief Financial Officer who has resigned as an employee effective December 1, 2021.”
Lindsay Llewellyn was appointed as General Counsel and Secretary at Lyft, Inc..
“Lindsay Llewellyn, Vice President, Associate General Counsel, was appointed as the Company’s General Counsel and Secretary, effective November 1, 2021.”
Kristin Sverchek was appointed as President of Business Affairs at Lyft, Inc..
“the appointment of Kristin Sverchek, its General Counsel and Secretary, as its President of Business Affairs, effective November 1, 2021.”
John David Risher was appointed as Director at Lyft, Inc..
“On July 9, 2021, the Board of Directors (the “Board”) of Lyft, Inc. (the “Company”) appointed John David Risher to serve as a member of the Board.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.