Expensify Inc (EXFY)

EXFY.........................................https://stockcharts.com/sc3/ui/?s=EXFY&p=w&b=5&g=0&id=p86431144783

Expensify, Inc. Announces Final Results of Tender OfferJune 12, 2026 6:00 AM
Business WireThe Company accepted for purchase 6,053,023 shares of common stock at $1.20 per share, which will result in an approximate 6.8% reduction in Class A common stock outstanding.
Expensify, Inc. (Nasdaq: EXFY) (the “Company”), the easiest way to manage expenses, corporate cards, and travel, today announced the final results of its modified “Dutch auction” tender offer (the “Tender Offer”) to purchase for cash up to $25,000,000 of its outstanding shares of Class A common stock, par value $0.0001 per share (“Class A common stock” or the “shares”), at a price per share not less than $0.98 and not more than $1.20, less any applicable withholding taxes and without interest, which expired at 12:00 midnight, New York City time, at the end of the day on June 10, 2026.The Company accepted 6,053,023 shares of Class A common stock for purchase at the purchase price of $1.20 per share, for a total cost of $7,263,627.60, excluding fees and expenses related to the Tender Offer. The total number of shares accepted for payment represents approximately 6.8% of the Company’s total outstanding shares of Class A common stock as of June 10, 2026. Based on the final count by the depositary for the Tender Offer, a total of 6,053,023 shares of Class A common stock were validly tendered and not validly withdrawn at or below the price of $1.20 per share. Accordingly, the Company will purchase approximately 100% of the shares of stockholders who submitted auction tenders at a price of $1.20 or less per share and purchase price tenders (other than “odd lot” holders, whose shares will be purchased on a priority basis). The depositary for the Tender Offer will promptly pay for the shares accepted for purchase pursuant to the Tender Offer. Payment for shares purchased will be made in cash, without interest, but subject to applicable withholding taxes. The Company will fund the purchase of shares in the Tender Offer with cash on hand.Citizens JMP Securities, LLC, is acting as dealer manager for the Tender Offer. The information agent for the Tender Offer is Georgeson LLC, and the depositary is Computershare Trust Company, N.A.FORWARD-LOOKING STATEMENTSCertain statements made in this press release constitute forward-looking statements, including with respect to the Company’s expectations regarding payment for the shares of Class A common stock purchased in the Tender Offer and the source of financing for those purchases. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding the Tender Offer. These forward-looking statements are based on management’s current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause Expensify’s actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including the risks discussed in Expensify’s filings with the SEC, including Expensify’s Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q. Expensify undertakes no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise, except as required by law.About Expensify. Inc.Expensify, Inc. (Nasdaq: EXFY) is the easiest way to do your expenses, travel, and corporate cards. Built for businesses of all sizes and trusted by 15 million members worldwide, Expensify is a top-rated app across G2, TrustRadius, Capterra, and more.View source version on businesswire.com: https://www.businesswire.com/news/home/20260612678284/en/Nick Tooker – Head of Investor Relations – investors@expensify.com Original: Expensify, Inc. Announces Final Results of Tender Offer

https://markets.businessinsider.com/news/stocks/grabar-law-office-investigates-claims-on-behalf-of-current-longterm-shareholders-of-expensify-inc.-exfy-1034177507

Philadelphia, Pennsylvania--(Newsfile Corp. - December 29, 2024) - Grabar Law Office is investigating whether certain officers and directors of Expensify, Inc. (NASDAQ: EXFY) breached their fiduciary duties owed toward the company.

Current Expensify shareholders who have held shares of Expensify stock since on or near its November 11, 2021 IPO, can seek corporate reforms, the return of funds back to company coffers, and potentially receive a court approved incentive award. You are encouraged to visit https://grabarlaw.com/the-latest/expensify-shareholder-investigation/, contact Joshua Grabar at jgrabar @FH-6085.

Why: On October 15, 2021, Expensify filed a registration statement on Form S-1 with the SEC in connection with the IPO, which, after several amendments, was declared effective by the SEC on November 9, 2021. On or about November 11, 2021, pursuant to the Offering Documents, Expensify conducted its IPO, selling 9.73 million shares priced at $27.00 per share.

An underlying securities fraud class action complaint alleges that the Offering Documents issued in connection with the IPO were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and was not prepared in accordance with the rules and regulations governing their preparation. Specifically, the Complaint alleges that the Offering Documents made false and/or misleading statements and/or failed to disclose that: (i) Expensify's revenue growth was highly susceptible to structural and macroeconomic headwinds; (ii) as a result, the Company overstated the efficacy of its business model and the likelihood it would meet the long-term growth projections touted in the Offering Documents; (iii) accordingly, the Company's post-IPO financial position and/or business prospects were overstated; and (iv) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.

What Now? Current Expensify shareholders who have held shares of Expensify stock since on or near its November 11, 2021 IPO, should visit https://grabarlaw.com/the-latest/expensify-shareholder-investigation/, contact Joshua Grabar at jgrabar @FH-6085. You may be able to seek corporate reforms, the return of funds back to company coffers, and a court approved incentive award at no cost to you whatsoever.

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EXFY, new 52 week high

EXFY, under $4

EXFY, new 52 week high

EXFY...................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EXFY..................................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EXFY...............................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EXFY...............................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EFXY...MINI MONSTER

EFXY..BREAKING NEW HIGHS

EXFY...TRADE IT DON'T LOVE IT

EXFY...$2.38...Off the $1.75 Alert...🥳

EXFY...$2.30s clearing here...Off the $1.75 Alert...🥳

EXFY...$2.25...on the ask Off the $1.75 Alert...🥳

georgie18

Member Level
Re: georgie18 post# 649413

Thursday, July 11, 2024 3:39:36 PM

Post#
649760
of 649827
EXFY...$2.13...Off the $1.75 Alert...Looking for Break/Hold $2.25...🥳

EXFY...$2.23s clearing here...🥳
georgie18

Member Level
Re: georgie18 post# 649413

Thursday, July 11, 2024 3:39:36 PM

Post#
649760
of 649766
EXFY...$2.13...Off the $1.75 Alert...Looking for Break/Hold $2.25...🥳

EXFY...$2.13...Off the $1.75 Alert...Looking for Break/Hold $2.25...🥳

EXFY...$2.06s clearing here Off the $1.75 Alert...🥳

georgie18

Member Level
Re: None

Tuesday, July 09, 2024 10:39:38 AM

Post#
381762
of 381810
EXFY...$1.75...nice pop to $2.25...Runaway Gap...🥳

EXFY

EXFY...$2.01s clearing here...🥳

EXFY...$1.97s clearing here...Hit $2.25...HOD...🥳

EXFY...$1.91s clearing here...🥳

georgie18

Member Level
Re: georgie18 post# 649199

Tuesday, July 09, 2024 10:39:24 AM

Post#
649200
of 649298
EXFY...$1.75...nice pop to $2.25...Runaway Gap...🥳

EXFY...$1.75...nice pop to $2.25...Runaway Gap...🥳

EXFY.............................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EXFY.........................................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EXFY............................................................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783

EXFY....................................https://stockcharts.com/h-sc/ui?s=EXFY&p=W&b=5&g=0&id=p86431144783