OppFi Schedules Annual Meeting, Sets Q1 Earnings Date

TL;DR

OppFi's annual meeting is May 15th, Q1 earnings May 7th. Vote on directors & auditors.

AI Summary

On April 9, 2024, OppFi Inc. filed an 8-K report detailing an upcoming annual meeting of stockholders scheduled for May 15, 2024. The meeting will include the election of directors and a vote on the ratification of the appointment of PricewaterhouseCoopers LLP as OppFi's independent registered public accounting firm for the fiscal year ending December 31, 2024. The company also announced its first quarter 2024 earnings release date of May 7, 2024.

Why It Matters

This filing provides key dates for investors to participate in corporate governance and receive crucial financial updates, impacting their investment decisions.

Risk Assessment

Risk Level: low — The filing is routine and concerns scheduling of corporate events, not a material adverse event.

Key Numbers

• May 15, 2024 — Annual Meeting Date (Stockholders will vote on directors and auditor ratification.)
• May 7, 2024 — Q1 2024 Earnings Release (Investors can expect financial performance updates.)

Key Players & Entities

• OppFi Inc. (company) — Registrant
• May 15, 2024 (date) — Annual Meeting Date
• PricewaterhouseCoopers LLP (company) — Independent Registered Public Accounting Firm
• May 7, 2024 (date) — Q1 2024 Earnings Release Date
• FG New America Acquisition Corp. (company) — Former Company Name

FAQ

Key Financial Figures

• $0.0001 — which registered Class A common stock, $0.0001 par value per share OPFI The New York S
• $11.50 — mon stock, each at an exercise price of $11.50 per share OPFI WS The New York Stock Ex
• $0.12 — ared a special common stock dividend of $0.12 per share on its Class A common stock,
• $20.0 million — rchase (the "Repurchase Program") up to $20.0 million in the aggregate of shares of the Compa
• $20 Million — unces $0.12 Per Share Special Dividend, $20 Million Share Repurchase Program . " 104 Cove

Filing Documents

• opfi-20240409.htm (8-K) — 31KB
• oppfiannounces012pershar.htm (EX-99.1) — 10KB
• oppfiannounces012pershar001.jpg (GRAPHIC) — 291KB
• oppfiannounces012pershar002.jpg (GRAPHIC) — 292KB
• 0001818502-24-000006.txt ( ) — 1017KB
• opfi-20240409.xsd (EX-101.SCH) — 2KB
• opfi-20240409_def.xml (EX-101.DEF) — 16KB
• opfi-20240409_lab.xml (EX-101.LAB) — 28KB
• opfi-20240409_pre.xml (EX-101.PRE) — 17KB
• opfi-20240409_htm.xml (XML) — 4KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On April 9, 2024, OppFi Inc., a Delaware corporation (the "Company"), issued a press release announcing the special common stock dividend and share repurchase program described in Item 8.01 of this Current Report on Form 8-K. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference. This information in this Item 7.01 and in Exhibit 99.1 attached hereto 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 liabilities under that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filings.

01 Other Events

Item 8.01 Other Events. On April 9, 2024, the Company announced that its Board of Directors (the "Board") had declared a special common stock dividend of $0.12 per share on its Class A common stock, par value $0.0001 per share ("Common Stock"), to be paid on May 1, 2024, to stockholders of record as of the close of business on April 19, 2024. On April 9, 2024, the Company also announced that the Board had authorized a program to repurchase (the "Repurchase Program") up to $20.0 million in the aggregate of shares of the Company's Common Stock. Repurchases under the Repurchase Program may be made from time to time, on the open market, in privately negotiated transactions, or by other methods, at the discretion of the management of the Company and in accordance with the limitations set forth in Rule 10b-18 promulgated under the Exchange Act and other applicable legal requirements, including restrictions in the Company's existing credit facilities. Repurchases may be made pursuant to any trading plan that may be adopted in accordance with SEC Rule 10b5-1, which would permit Common Stock to be repurchased when the Company might otherwise be precluded from doing so under insider trading laws. The timing and amount of the repurchases will depend on market conditions and other requirements. The Repurchase Program does not obligate the Company to repurchase any dollar amount or number of shares and the Repurchase Program may be extended, modified, suspended, or discontinued at any time. For each share of Common Stock that the Company repurchases under the Repurchase Program, Opportunity Financial, LLC, the Company's direct subsidiary, will redeem one Class A common unit of Opportunity Financial, LLC held by the Company, decreasing the percentage ownership of Opportunity Financial, LLC by the Company and relatively increasing the ownership by the other members. The Repurchase Program will expire in April 2027. In addition to the special dividend payable to Class A com

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Index Exhibit Number Description 99.1 Press Release from OppFi Inc. dated April 9, 2024, entitled " OppFi Announces $0.12 Per Share Special Dividend, $20 Million Share Repurchase Program . " 104 Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document).

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 hereunto duly authorized. OPPFI INC. Date: April 9, 2024 By: /s/ Pamela D. Johnson Pamela D. Johnson Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR