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    SEC Form 8-K filed by Dave Inc.

    2/20/25 9:01:23 AM ET
    $DAVE
    Finance: Consumer Services
    Finance
    Get the next $DAVE alert in real time by email
    8-K
    Dave Inc./DE false 0001841408 0001841408 2025-02-20 2025-02-20 0001841408 us-gaap:CommonStockMember 2025-02-20 2025-02-20 0001841408 us-gaap:WarrantMember 2025-02-20 2025-02-20

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 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 20, 2025

     

     

    DAVE INC.

    (Exact name of registrant as specified in its charter)

     

     

     

    Delaware   001-40161   86-1481509

    (State or other jurisdiction

    of incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

    1265 South Cochran Avenue

    Los Angeles, CA 90019

    (Address of principal executive offices, including zip code)

    Registrant’s telephone number, including area code: (844) 857-3283

    N/A

    (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

     

    Name of each exchange

    on which registered

    Class A common stock, par value $0.0001   DAVE   The Nasdaq Stock Market LLC
    Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $368 per share   DAVEW   The Nasdaq Stock Market LLC

    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 20, 2025, Dave Inc. issued a press release announcing the completion of its transition to a simplified fee structure. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

     

    Item 9.01

    Financial Statements and Exhibits.

    (d) Exhibits.

     

    Exhibit

    No.

       Description
    99.1    Press Release dated February 20, 2025
    104    Cover Page Interactive Data File (formatted as inline XBRL)


    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.

     

    Date: February 20, 2025     Dave Inc.
        By:  

    /s/ Kyle Beilman

        Name:   Kyle Beilman
        Title:   Chief Financial Officer
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