EXP World Holdings Files Routine 8-K; No New Material Info
Ticker: EXPI · Form: 8-K · Filed: Jan 3, 2024 · CIK: 1495932
Complexity: simple
Sentiment: neutral
Topics: regulation-fd, administrative, corporate-governance
TL;DR
**EXP World Holdings filed a basic 8-K, nothing new to see here.**
AI Summary
EXP World Holdings, Inc. filed an 8-K on January 3, 2024, under Regulation FD Disclosure. This filing simply confirms the company's basic information, such as its Delaware incorporation, business address at 2219 Rimland Drive, Suite 301, Bellingham, WA 98226, and telephone number (360) 685-4206. For investors, this filing is routine and indicates no new material events, meaning there's no immediate impact on the stock based on this specific disclosure.
Why It Matters
This filing is a standard procedural update, confirming basic company details. It signals no new significant events that would typically move the stock price or alter investment theses.
Risk Assessment
Risk Level: low — This 8-K filing is purely administrative and does not disclose any new risks or material events.
Analyst Insight
A smart investor would recognize this as a routine administrative filing that provides no new material information to act upon. No immediate investment action is warranted based solely on this 8-K.
Key Players & Entities
- EXP World Holdings, Inc. (company) — the registrant filing the 8-K
- Delaware (company) — state of incorporation for EXP World Holdings, Inc.
- 2219 Rimland Drive, Suite 301, Bellingham, WA 98226 (company) — business address of EXP World Holdings, Inc.
- (360) 685-4206 (dollar_amount) — telephone number of EXP World Holdings, Inc.
- January 3, 2024 (dollar_amount) — date of earliest event reported and filing date
FAQ
What is the purpose of this specific 8-K filing by EXP World Holdings, Inc.?
This 8-K filing is a 'Regulation FD Disclosure' as indicated in the 'ITEM INFORMATION' section, and it primarily serves to confirm basic company information and report the date of the earliest event, which was January 3, 2024.
What is the business address and phone number of EXP World Holdings, Inc. as stated in the filing?
According to the filing, the business address is 2219 Rimland Drive, Suite 301, Bellingham, WA 98226, and the telephone number is (360) 685-4206.
When was the earliest event reported in this 8-K filing?
The 'Date of Report (Date of earliest event reported)' is listed as January 3, 2024.
Under which SEC Act and File Number is EXP World Holdings, Inc. registered?
EXP World Holdings, Inc. is registered under the 1934 Act with SEC File Number 001-38493, as detailed in the 'FILING VALUES' section.
Has EXP World Holdings, Inc. changed its name recently according to this filing?
The filing lists 'FORMER COMPANY' names as 'EXP Realty International Corp' with a date of name change of 20130909, and 'Desert Canadians Ltd.' with a date of name change of 20100706, indicating past name changes but none recent enough to be the subject of this specific 8-K.
Filing Stats: 706 words · 3 min read · ~2 pages · Grade level 12.6 · Accepted 2024-01-03 09:59:54
Key Financial Figures
- $0.00001 — nge on which registered Common Stock, $0.00001 par value per share EXPI The Nasdaq
Filing Documents
- expi-20240103x8k.htm (8-K) — 46KB
- expi-20240103x8k001.jpg (GRAPHIC) — 9KB
- 0001558370-24-000026.txt ( ) — 186KB
- expi-20240103.xsd (EX-101.SCH) — 3KB
- expi-20240103_lab.xml (EX-101.LAB) — 15KB
- expi-20240103_pre.xml (EX-101.PRE) — 10KB
- expi-20240103x8k_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure On December 27, 2023, a putative class action complaint under the caption Umpa, et al. v. The National Association of Realtors et. al. (Case No.:4:23-cv-00945-FJG, the "Class Action") was filed in the United States District Court for the Western District of Missouri, Western Division, naming as defendants The National Association of Realtors, and certain real estate brokerages, franchisors and real estate brokerage owners, including eXp World Holdings, Inc. (the "Company") and eXp Realty, LLC, a wholly owned subsidiary of the Company. The Class Action complaint alleges that defendants conspired to restrain trade by causing certain home sellers to pay buyer broker fees and inflated commissions on the sale of homes all in violation of federal antitrust law. The putative class representative seeks to represent a class of sellers of certain residential property who used a listing broker affiliated with the defendants in the sale of a home listed on an MLS and who paid a commission to a cooperating broker in connection with the sale of the home from December 27, 2019, through the present. Plaintiff, on behalf of himself and the putative class, seeks a permanent injunction enjoining the defendants from continuing conduct determined to be unlawful and an award of declaratory relief, damages and/or restitution in an amount to be determined at trial, pre-and post-judgment interest and attorneys' fees, expenses and costs of suit. The Company believes that additional antitrust litigation may be possible. The Company cannot provide any assurances that results of such litigation will not have a material adverse effect on its business, results of operations or financial condition. The information in this Item 7.01 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by referen
SIGNATURES
SIGNATURES 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 thereunto duly authorized. eXp World Holdings, Inc. (Registrant) Date: January 3, 2024 /s/ James Bramble James Bramble Chief Legal Counsel