EXP World Holdings Files 8-K: Regulation FD Disclosure

TL;DR

EXP World Holdings dropped an 8-K on Oct 1st for a Reg FD disclosure. Details TBD.

AI Summary

On October 1, 2024, EXP World Holdings, Inc. announced a Regulation FD Disclosure. The filing does not contain specific financial figures or details regarding the nature of the disclosure, only that it was made on this date.

Why It Matters

This filing indicates a disclosure made by EXP World Holdings, Inc. under Regulation FD, which ensures that material non-public information is broadly disseminated to the public.

Risk Assessment

Risk Level: low — The filing is a standard disclosure under Regulation FD and does not appear to contain any immediately adverse information.

Key Players & Entities

• EXP World Holdings, Inc. (company) — Registrant
• October 1, 2024 (date) — Date of earliest event reported
• 20241007 (date) — Filing date

FAQ

Key Financial Figures

• $0.00001 — nge on which registered Common Stock, $0.00001 par value per share EXPI The Nasdaq
• $34.0 million — eed to pay a total settlement amount of $34.0 million (the "Settlement Amount") into a qualif

Filing Documents

• expi-20241001x8k.htm (8-K) — 56KB
• expi-20241001x8k001.jpg (GRAPHIC) — 9KB
• 0001558370-24-013170.txt ( ) — 198KB
• expi-20241001.xsd (EX-101.SCH) — 3KB
• expi-20241001_lab.xml (EX-101.LAB) — 15KB
• expi-20241001_pre.xml (EX-101.PRE) — 10KB
• expi-20241001x8k_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Settlement of Litigation On October 1, 2024, eXp World Holdings, Inc. (the "Company"), entered into a Settlement Term Sheet (the "Settlement") in 1925 Hooper LLC, et al. v. The National Association of Realtors et. al., Case No. 1:23-cv-05392- SEG (United States District Court for the Northern District of Georgia, Atlanta Division) (the "Hooper Lawsuit"). This Settlement is also to resolve the pending litigation in additional lawsuits, including, but not limited to, the following: Gibson et. al. v. National Association of Realtors et. al., Case No. 4:23-cv-00788-FJG (United States District Court for the Western District of Missouri, Western Division); Grace v. The National Association of Realtors, et al. , Case No. 3:23-cv-06352 (United States District Court for the Northern District of California, San Francisco Division); Gael Fierro et al. v. The National Association of Realtors, et al. , Case No. 2:24-cv-00449 (United States District Court for the Central District of California, Western Division); Willsim Latham, LLC, et al. v. MetroList Services, Inc., et al. , Case No. 2:24-at-00067 (United States District Court for the Eastern District of California, Sacramento Division); Nathaniel Whaley et al. v. The National Association of Realtors, et al. , Case No. 2:24-cv-00105 (United States District Court for the District of Nevada); Wang v. The National Association of Realtors, et. al. , Case No. 1:24-cv-02371-JGLC (United States District Court for the Southern District of New York); and Burton et. al. v. Bluefield Realty Group, LLC, et. al. , Case No. 7:24-cv-01800-JDA (United States District Court for the District of South Carolina, Spartanburg Division) (these lawsuits, collectively with the Hooper Lawsuit, the "Lawsuits"). The Settlement resolves all claims in the Lawsuits and similar claims on a nationwide basis against the Company (collectively, the "Claims") and releases the Company, its subsidiaries and affiliates, and

Forward-Looking Statements

Forward-Looking Statements This Current Report on Form 8-K includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by the use of words such as "believe," "intend," "expect," "estimate," "plan," "outlook," "project," "anticipate," "may," "will," "would" and other similar words and expressions that predict or indicate future events or trends that are not statements of historical matters. Forward-looking statements include statements related to the Lawsuits and the Settlement, including preliminary and final court approval of the Settlement, the amount and timing of payments pursuant to the Settlement; the expected $34.0 million pre-tax charge for the Settlement Amount and the impact of such charge on the Company's results of operations and cash flows; and changes to the business practices of the Company and the impact that such changes may have on the business or results of operations of the Company. Forward-looking statements should not be read as a guarantee of future performance or results and will not necessarily accurately indicate the times at which such performance or results may be achieved. Forward-looking statements are based on information available at the time those statements are made and/or management's good faith belief as of that time with respect to future events and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements. These risks and uncertainties include, without limitation, the ability of the parties to obtain preliminary and final court approval of the proposed Settlement and the final terms being substantially the same as those set forth in the proposed Settlement, and those risks and uncertainties described in the sections entitled "Risk Factors" and "Management's Discus

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: October 7, 2024 /s/ James Bramble James Bramble Chief Legal Counsel

View Full Filing

View this 8-K filing on SEC EDGAR