Oportun Financial Corp. Enters Material Definitive Agreement
Ticker: OPRT · Form: 8-K · Filed: Apr 2, 2025 · CIK: 1538716
Sentiment: neutral
Topics: material-definitive-agreement, financial-obligation
TL;DR
Oportun Financial Corp. just signed a big deal, potentially impacting its finances.
AI Summary
Oportun Financial Corp. entered into a material definitive agreement on April 2, 2025, related to a direct financial obligation. The company, previously known as Progreso Financiero Holdings, Inc., is incorporated in Delaware and headquartered in San Carlos, CA.
Why It Matters
This filing indicates a significant financial commitment or obligation for Oportun Financial Corp., which could impact its financial standing and future operations.
Risk Assessment
Risk Level: medium — Entering into material definitive agreements can introduce new financial obligations or risks that may affect the company's performance.
Key Players & Entities
- Oportun Financial Corp. (company) — Registrant
- Progreso Financiero Holdings, Inc. (company) — Former Company Name
- April 2, 2025 (date) — Date of Report
FAQ
What type of material definitive agreement did Oportun Financial Corp. enter into?
The filing indicates the entry into a material definitive agreement that also constitutes the creation of a direct financial obligation or an obligation under an off-balance sheet arrangement of a registrant.
When was this agreement reported?
The report date for this Form 8-K is April 2, 2025.
What is Oportun Financial Corp.'s principal executive office address?
The principal executive offices are located at 2 Circle Star Way, San Carlos, CA 94070.
What was Oportun Financial Corp.'s former company name?
The company was formerly known as Progreso Financiero Holdings, Inc.
What is the SEC file number for Oportun Financial Corp.?
The SEC file number for Oportun Financial Corp. is 001-39050.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on April 2, 2025 regarding Oportun Financial Corp (OPRT).