loanDepot Files 8-K/A Amendment No. 1 for Jan 4 Report
Ticker: LDI · Form: 8-K/A · Filed: Jan 22, 2024 · CIK: 1831631
| Field | Detail |
|---|---|
| Company | Loandepot, INC. (LDI) |
| Form Type | 8-K/A |
| Filed Date | Jan 22, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: amendment, corporate-governance, regulatory-filing
TL;DR
**loanDepot filed an 8-K/A, an amendment to a prior report, likely for minor corrections.**
AI Summary
loanDepot, Inc. filed an 8-K/A on January 22, 2024, amending its original 8-K from January 4, 2024. This amendment, labeled as Amendment No. 1, primarily serves to correct or update information related to "Other Events" and "Financial Statements and Exhibits." For investors, this matters because amendments can sometimes signal a need for clarification or correction of previously disclosed material information, which could impact their understanding of the company's financial health or operational status, though this specific filing appears to be a routine update without new substantive disclosures.
Why It Matters
This filing is an amendment to a previous report, indicating that loanDepot, Inc. is updating or correcting information, which is important for maintaining accurate public records for investors.
Risk Assessment
Risk Level: low — This 8-K/A is an amendment to a previous filing, typically for minor corrections or updates, and does not introduce new substantive risks based on the provided text.
Analyst Insight
Investors should note this is an amendment, not a new substantive event. Review the original January 4, 2024 8-K and any subsequent filings to understand what specific details were corrected or updated, though the provided text suggests no major new information.
Key Numbers
- 001-40003 — Commission File Number (loanDepot, Inc.'s SEC file number)
- 85-3948939 — I.R.S. Employer Identification Number (loanDepot, Inc.'s IRS EIN)
- January 4, 2024 — Date of earliest event reported (The original report date being amended)
- January 22, 2024 — Filed As Of Date (The date the 8-K/A was filed)
- $0.001 — Par Value (Par value of Class A Common Stock)
Key Players & Entities
- loanDepot, Inc. (company) — the registrant filing the 8-K/A
- United States Securities and Exchange Commission (company) — the regulatory body receiving the filing
- Delaware (company) — state of incorporation for loanDepot, Inc.
- $0.001 (dollar_amount) — par value of Class A Common Stock
FAQ
What is the purpose of this 8-K/A filing by loanDepot, Inc.?
This 8-K/A is an Amendment No. 1 to a Current Report on Form 8-K, originally filed on January 4, 2024. It is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934, indicating a correction or update to the previously reported information, specifically under "Other Events" and "Financial Statements and Exhibits."
When was the original event reported that this 8-K/A is amending?
The earliest event reported for the original filing that this 8-K/A amends was January 4, 2024.
What is loanDepot, Inc.'s trading symbol and on which exchange is its Class A Common Stock registered?
loanDepot, Inc.'s Class A Common Stock, with a $0.001 par value, trades under the symbol LDI and is registered on the New York Stock Exchange.
What is the business address and phone number for loanDepot, Inc. as listed in this filing?
The business address for loanDepot, Inc. is 6561 Irvine Center Drive, Irvine, California 92618, and its business phone number is (949) 434-5964.
Is loanDepot, Inc. classified as an emerging growth company according to this filing?
No, the filing indicates with an unchecked box that loanDepot, Inc. is not an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
Filing Stats: 1,011 words · 4 min read · ~3 pages · Grade level 15.1 · Accepted 2024-01-22 06:01:53
Key Financial Figures
- $0.001 — hich registered Class A Common Stock, $0.001 Par Value LDI New York Stock Exchange
Filing Documents
- ldi-20240104.htm (8-K/A) — 31KB
- pressrelease.htm (EX-99.1) — 6KB
- 0001831631-24-000011.txt ( ) — 162KB
- ldi-20240104.xsd (EX-101.SCH) — 2KB
- ldi-20240104_lab.xml (EX-101.LAB) — 23KB
- ldi-20240104_pre.xml (EX-101.PRE) — 12KB
- ldi-20240104_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. As disclosed in the Original Report, the Company recently identified a cybersecurity incident affecting certain of the Company's systems. On January 22, 2024, the Company issued a press release providing an update regarding this cybersecurity incident. The press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference. The Company has not yet determined whether the cybersecurity incident is reasonably likely to materially impact the Company's financial condition or results of operations.
Forward-Looking Statements
Forward-Looking Statements This Amendment contains "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based on the Company's expectations and beliefs concerning future events impacting the Company, and, therefore, involve several risks and uncertainties. You can identify these statements by the use of words such as "will," "anticipate," "estimate," "expect," "should," "could" and "may" and similar expressions or the negative versions of these words or comparable words (however, the absence of these words or similar expressions does not mean that a statement is not forward-looking). All statements regarding the impact from the cybersecurity incident, including impact on the operations and financial condition of the Company, the scope of the investigation and the Company's plans, objectives, projections and expectations relating to the Company's operations or financial condition, and assumptions related thereto are forward-looking statements. Forward-looking statements are not guarantees and actual results could differ materially from those expressed or implied in the forward-looking statements. Potential risks and uncertainties that could cause the actual results of the Company's operations or financial condition to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: the Company's ongoing assessment of the impacts of the cybersecurity incident and its impact on the Company's operations and financial condition; the Company's ongoing assessment of the incident, including the Company's potential discovery of additional information related to the incident in connection with its investigation or otherwise; the Company's expectations regarding its ability to contain and remediate the cybersecurity incident; further delays in the time required to verify some or all of the Company's information technology systems; the impact of the cybersecurity inc
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 loanDepot, Inc. press release, dated January 22, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 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. loanDepot, Inc. By: /s/ Gregory Smallwood Name: Gregory Smallwood Title: Chief Legal Officer and Corporate Secretary Date: January 22, 2024