Current Report Filing (8-k)
16 February 2023 - 01:02AM
Edgar (US Regulatory)
FALSE000182095300018209532023-02-152023-02-15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
February 14, 2023
Affirm Holdings, Inc.
(Exact name of registrant as specified in charter)
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Delaware |
|
001-39888 |
|
84-2224323 |
(State or other jurisdiction
of incorporation)
|
|
(Commission
File Number) |
|
(IRS Employer
Identification No.)
|
|
|
|
|
|
|
|
|
|
650 California Street |
|
|
San Francisco, California
|
|
94108 |
(Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code:
(415) 984-0490
Not Applicable
(Former name or former address, if changed since last
report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
☐ Written
communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
☐ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
☐ Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
☐ Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the
Act:
|
|
|
|
|
|
|
|
|
Title of each class: |
Trading symbol(s) |
Name of exchange on which registered |
Class A common stock, $0.00001 par value |
AFRM |
Nasdaq Global Select Market |
Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933
(§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange
Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company
☐
If an emerging growth company, indicate by check mark if the
registrant has elected not to use the extended transition period
for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange
Act.
☐
Item 8.01. Other Events.
On February 14, 2023, Affirm Holdings, Inc. (the “Company”) entered
into separate privately negotiated transactions with certain
holders of its outstanding 0% Convertible Senior Notes due 2026
(the “2026 Notes”), pursuant to which the Company will pay an
aggregate amount of approximately $158 million in cash for the
repurchase of approximately $229 million aggregate principal amount
of the 2026 Notes (the “2026 Note Repurchases”).
The 2026 Note Repurchases are expected to close on or about
February 21, 2023. Following the closing of the 2026 Note
Repurchases, approximately $1.5 billion in aggregate principal
amount of 2026 Notes will remain outstanding with terms unchanged.
The Company will not receive any cash proceeds from the 2026 Note
Repurchases. In exchange for paying cash pursuant to the 2026 Note
Repurchases, the Company will receive and cancel the repurchased
2026 Notes.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, the registrant has duly caused this report to be signed on
its behalf by the undersigned hereunto duly
authorized.
|
|
|
|
|
|
|
|
|
|
|
AFFIRM HOLDINGS, INC. |
|
|
|
|
By: |
/s/ Michael Linford |
|
|
Name: Michael Linford |
|
|
Title: Chief Financial Officer |
Date: February 15, 2023
Affirm (NASDAQ:AFRM)
Historical Stock Chart
From May 2023 to Jun 2023
Affirm (NASDAQ:AFRM)
Historical Stock Chart
From Jun 2022 to Jun 2023