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    SEC Form S-8 filed by Affirm Holdings Inc.

    8/28/25 5:07:04 PM ET
    $AFRM
    Finance: Consumer Services
    Finance
    Get the next $AFRM alert in real time by email
    S-8 1 afrm-sx82025.htm S-8 Document


     As filed with the Securities and Exchange Commission on August 28, 2025
    Registration No. 333-
    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    _________________
    FORM S-8
    REGISTRATION STATEMENT
    UNDER
    THE SECURITIES ACT OF 1933
    _________________
    Affirm Holdings, Inc.
    (Exact name of registrant as specified in its charter)
    Nevada84-2224323
    (State or other jurisdiction of
    Incorporation or organization)
    (I.R.S. Employer
    Identification No.)
    650 California Street
    San Francisco, CA 94108
    (415) 960-1518
    (Address of principal executive offices) (Zip code)
    _________________
    Affirm Holdings, Inc. Amended and Restated 2012 Stock Plan
    Affirm Holdings, Inc. 2020 Employee Stock Purchase Plan
    (Full titles of the plans)
    Max Levchin
    Chief Executive Officer
    650 California Street
    San Francisco, CA 94108
    (415) 960-1518
    (Name and address of agent for service) (Telephone number, including area code, of agent for service)
    _________________
    Copies to:

    Katherine Adkins
    Chief Legal Officer
    650 California Street
    San Francisco, CA 94108
    (415) 960-1518

    Sean Feller
    Gibson, Dunn & Crutcher LLP
    2000 Avenue of the Stars, Suite 1200
    Los Angeles, CA 90067-4700
    (310) 552-8500
    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
    Large accelerated filer☒Accelerated filer☐
    Non-accelerated filer☐Smaller reporting company☐
    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 7(a)(2)(B) of the Securities Act. ☐
     



    REGISTRATION OF ADDITIONAL SHARES
    PURSUANT TO GENERAL INSTRUCTION E

    Pursuant to General Instruction E of Form S-8, Affirm Holdings, Inc. (the “Registrant”) is filing this registration statement on Form S-8 (this “Registration Statement”) with the Securities and Exchange Commission (the “Commission”) to register 16,255,640 additional shares of Class A common stock, par value $0.00001 per share (“Common Stock”), under the Affirm Holdings, Inc. Amended and Restated 2012 Stock Plan (the “2012 Stock Plan”) and 3,251,128 additional shares of Common Stock under the Affirm Holdings, Inc. 2020 Employee Stock Purchase Plan (the “ESPP,” and together with the 2012 Stock Plan, the “Plans”) pursuant to the respective provisions of the Plans providing for an automatic annual increase in the number of shares of Common Stock reserved for issuance under the Plans. This Registration Statement hereby incorporates by reference the contents of the Registrant’s previous registration statements on Form S-8 filed with the Commission on January 13, 2021 (Registration No. 333-252068), February 2, 2021 (Registration No. 333-252644), September 17, 2021 (Registration No. 333-259614), August 29, 2022 (Registration No. 333-267141), August 25, 2023 (Registration No. 333-274219), and August 28, 2024 (Registration No. 333-281828). In accordance with the instructional note of Part I of Form S-8 as promulgated by the Commission, the information specified by Part I of Form S-8 has been omitted from this Registration Statement.

     PART II

    INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

    Item 8.Exhibits
    Exhibit
    Number
    Description
    4.1(1)
    Articles of Incorporation
    4.2(2)
    Bylaws
    5.1*
    Opinion of Brownstein Hyatt Farber Schreck, LLP
    23.1*
    Consent of Brownstein Hyatt Farber Schreck, LLP (included in Exhibit 5.1)
    23.2*
    Consent of Deloitte & Touche LLP, independent registered public accountant
    24.1*Power of Attorney (included on the signature page of this Registration Statement)
    99.1(3)
    Amended and Restated 2012 Stock Plan
    99.2(4)
    2020 Employee Stock Purchase Plan
    107.1*
    Filing Fee Table
    (1)Incorporated by reference to Exhibit 3.1 filed with the Registrant’s Current Report on Form 8-K, filed with the Commission on June 26, 2025.
    (2)Incorporated by reference to Exhibit 3.2 filed with the Registrant’s Current Report on Form 8-K, filed with the Commission on June 26, 2025.
    (3)Incorporated by reference to Exhibit 10.3 filed with the Registrant’s Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2022, filed with the Commission on February 8, 2023.
    (4)Incorporated by reference to Exhibit 10.3 filed with the Registrant’s Registration Statement on Form S-1/A, filed with the Commission on November 20, 2020.

    *Filed herewith





    SIGNATURES
    Pursuant to the requirements of the Securities Act of 1933, as amended (the “Securities Act”), the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Francisco, State of California, on this 28th day of August, 2025.
    AFFIRM HOLDINGS, INC.
    By:/s/ Max Levchin
    Max Levchin
    Chief Executive Officer




    POWER OF ATTORNEY
    The undersigned directors and officers of the Registrant hereby constitute and appoint Max Levchin, Rob O’Hare and Katherine Adkins, and each of them, any of whom may act without joinder of the other, the individual’s true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for the person and in his or her name, place and stead, in any and all capacities, to sign this Registration Statement and any or all amendments, including post-effective amendments to this Registration Statement, including any registration statement for the same offering that is to be effective upon filing pursuant to Rule 462 under the Securities Act, and all other documents in connection therewith to be filed with the Commission, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite and necessary to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact as agents or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.
    Pursuant to the requirements of the Securities Act, this Registration Statement has been signed by the following persons in the capacities indicated on August 28, 2025.

    SignatureCapacity
    /s/ Max Levchin
    Max LevchinChairman of the Board of Directors and Chief Executive Officer
    (principal executive officer)
    /s/ Rob O’Hare
    Rob O’Hare
    Chief Financial Officer (principal financial officer)
    /s/ Siphelele Jiyane
    Siphelele JiyaneChief Accounting Officer (principal accounting officer)
    /s/ Richard Galanti
    Richard Galanti
    Director
    /s/ Brian D. Hughes
    Brian D. HughesDirector
    /s/ Jeremy Liew
    Jeremy LiewDirector
    /s/ Libor Michalek
    Libor MichalekPresident and Director
    /s/ Christa S. Quarles
    Christa S. QuarlesDirector
    /s/ Jacqueline D. Reses
    Jacqueline D. ResesDirector
    /s/ Manolo Sanchez
    Manolo SanchezDirector
    /s/ Noel Watson
    Noel WatsonDirector

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