EXP World Holdings Files Routine 8-K, Confirms Corporate Details

Ticker: EXPI · Form: 8-K · Filed: Feb 1, 2024 · CIK: 1495932

Complexity: simple

Sentiment: neutral

Topics: regulatory-filing, corporate-governance, 8-K

TL;DR

**EXP World Holdings filed a routine 8-K, no new material news, just corporate info.**

AI Summary

EXP World Holdings, Inc. filed an 8-K on February 1, 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 its SEC File Number 001-38493. For investors, this filing is a routine update, indicating no new material events but rather a confirmation of existing corporate details, which is important for maintaining transparency and regulatory compliance.

Why It Matters

This filing is a standard regulatory update, confirming the company's basic information and demonstrating compliance, which is important for investor confidence and transparency.

Risk Assessment

Risk Level: low — This 8-K is a routine administrative filing and does not disclose any new risks or material events.

Analyst Insight

Investors should view this as a routine compliance filing, indicating no immediate need for action. It confirms the company's administrative details are up-to-date.

Key Numbers

Key Players & Entities

FAQ

What is the purpose of this 8-K filing by EXP World Holdings, Inc.?

This 8-K filing is a 'Current Report' under Section 13 or 15(d) of the Securities Exchange Act of 1934, specifically categorized as 'Regulation FD Disclosure'. It serves to report an event that occurred on February 1, 2024, and provides updated corporate information.

What is the exact name of the registrant as specified in its charter?

The exact name of the registrant as specified in its charter is EXP WORLD HOLDINGS, INC.

Where is EXP World Holdings, Inc.'s principal executive office located?

EXP World Holdings, Inc.'s principal executive office is located at 2219 Rimland Drive, Suite 301, Bellingham, WA 98226.

What is the Commission File Number for EXP World Holdings, Inc.?

The Commission File Number for EXP World Holdings, Inc. is 001-38493.

What is the state or other jurisdiction of incorporation for EXP World Holdings, Inc.?

EXP World Holdings, Inc. is incorporated in Delaware.

Filing Stats: 719 words · 3 min read · ~2 pages · Grade level 13.1 · Accepted 2024-02-01 09:00:12

Key Financial Figures

Filing Documents

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure On January 25, 2024, a putative class action complaint under the caption Nathaniel Whaley et al. v. The National Association of Realtors, et al. (the "Class Action") was filed in the United States District Court for the District of Nevada, naming as defendants the National Association of Realtors, certain regional Realtor associations, certain regional multiple listing services, certain real estate brokerage owners, and certain real estate brokerages, including "eXp Realty". 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 laws and Nevada unfair trade practices laws. The putative class representative seeks to represent a class of persons who used any of the named defendants to list a home on certain multiple listing services identified in the Class Action complaint and who paid a commission to a buyer's broker in connection with the sale of the home from January 15, 2020, through the present. Plaintiff, on behalf of himself and the putative class, seeks a permanent injunction enjoining the defendants from engaging in the alleged unlawful acts described in the Class Action complaint. Plaintiff, on behalf of himself and the putative class, also seeks an award of declaratory relief, damages in an amount to be determined at trial, statutory interest and penalties, and attorneys' fees, expenses and costs of suit. eXp World Holdings, Inc. (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 subj

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: February 1, 2024 /s/ James Bramble James Bramble Chief Legal Counsel

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