Upstart Holdings Files 8-K/A Amendment
Ticker: UPST · Form: 8-K/A · Filed: Feb 13, 2025 · CIK: 1647639
| Field | Detail |
|---|---|
| Company | Upstart Holdings, INC. (UPST) |
| Form Type | 8-K/A |
| Filed Date | Feb 13, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.0001, $0.26, $0.29 |
| Sentiment | neutral |
Sentiment: neutral
Topics: amendment, financial-reporting, sec-filing
Related Tickers: UPST
TL;DR
Upstart Holdings filed an amendment to its 8-K, updating financial and operational disclosures.
AI Summary
Upstart Holdings, Inc. filed an 8-K/A on February 13, 2025, to amend a previous filing. The amendment pertains to information reported as of February 11, 2025, concerning the company's results of operations and financial condition, as well as Regulation FD disclosures and financial statements/exhibits.
Why It Matters
This filing is an amendment to a previous report, indicating that Upstart Holdings, Inc. is correcting or supplementing information previously disclosed to the SEC regarding its financial condition and operations.
Risk Assessment
Risk Level: low — This is a routine amendment to a previous filing, not indicating new negative events.
Key Players & Entities
- Upstart Holdings, Inc. (company) — Registrant
- February 11, 2025 (date) — Date of earliest event reported
- February 13, 2025 (date) — Filing Date
- Delaware (jurisdiction) — State of incorporation
- 464332431 (tax_id) — IRS Employer Identification No.
- 2950 S. Delaware Street , Suite 410 San Mateo , CA 94403 (address) — Principal executive offices
- ( 833 ) 212-2461 (phone_number) — Registrant's telephone number
FAQ
What is the purpose of this 8-K/A filing?
This 8-K/A filing serves as an amendment to a previous report filed by Upstart Holdings, Inc., to correct or supplement information previously disclosed.
What is the date of the earliest event reported in this filing?
The date of the earliest event reported is February 11, 2025.
When was this 8-K/A filing submitted to the SEC?
This 8-K/A filing was submitted to the SEC on February 13, 2025.
What are the main items covered by this amendment?
The amendment covers Results of Operations and Financial Condition, Regulation FD Disclosure, and Financial Statements and Exhibits.
Where is Upstart Holdings, Inc. headquartered?
Upstart Holdings, Inc.'s principal executive offices are located at 2950 S. Delaware Street, Suite 410, San Mateo, CA 94403.
Filing Stats: 752 words · 3 min read · ~3 pages · Grade level 10.5 · Accepted 2025-02-13 07:03:39
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share UPST Nasdaq Global Select Mar
- $0.26 — iluted adjusted net income per share of $0.26 and diluted weighted-average common sha
- $0.29 — iluted adjusted net income per share is $0.29 and the corrected diluted weighted-aver
Filing Documents
- upst-20250211.htm (8-K/A) — 28KB
- upst991prq42024.htm (EX-99.1) — 351KB
- 0001647639-25-000009.txt ( ) — 535KB
- upst-20250211.xsd (EX-101.SCH) — 2KB
- upst-20250211_lab.xml (EX-101.LAB) — 23KB
- upst-20250211_pre.xml (EX-101.PRE) — 13KB
- upst-20250211_htm.xml (XML) — 3KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On February 11, 2025, Upstart Holdings, Inc. (the "Company") furnished a Current Report on Form 8-K that included a press release reporting its financial results for the fiscal quarter and full fiscal year ended December 31, 2024 (the "Original Form 8-K"). This Current Report on Form 8-K/A amends the Original 8-K solely for the purpose of correcting an error with respect to the Company's diluted adjusted net income per share and diluted weighted-average common shares outstanding for the fiscal quarter ended December 31, 2024 . The Company previously reported a diluted adjusted net income per share of $0.26 and diluted weighted-average common shares outstanding of 116,330,130 for the fiscal quarter ended December 31, 2024. The corrected diluted adjusted net income per share is $0.29 and the corrected diluted weighted-average common shares outstanding is 103,118,327 for the fiscal quarter ended December 31, 2024 . This correction has no impact on the Company's expectation for basic weighted-average share count or diluted weighted-average share count included in the Company's financial outlook for Q1 of 2025. A copy of the corrected press release is attached as Exhibit 99.1 to this Current Report on Form 8-K/A and is incorporated herein by reference. The information in this Current Report on Form 8-K/A and the exhibit 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 the liabilities of that section, nor shall it be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing, except as shall be expressly set forth by specific reference in such filing. Other than correction of the error discussed in this Current Report on Form 8-K/A, no other changes have been made to the O
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. On February 13, 2025, the Company posted a corrected investor presentation on its investor relations website at www.ir.upstart.com.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release issued by Upstart Holdings, Inc. dated February 1 1 , 2025 (Corre cted) 104 Cover Page Interactive Data File (Cover page XBRL tags are embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Upstart Holdings, Inc. Dated: February 13, 2025 By: /s/ Scott Darling Scott Darling Chief Legal Officer