Prosper Marketplace Files 8-K for Other Event
| Field | Detail |
|---|---|
| Company | Prosper Marketplace, Inc |
| Form Type | 8-K |
| Filed Date | Sep 17, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, SEC Filing, Other Events
TL;DR
Prosper Marketplace filed an 8-K for an 'Other Event' on 9/17, impacting Prosper Funding LLC.
AI Summary
Prosper Marketplace, Inc. filed an 8-K on September 17, 2025, reporting an event on September 1, 2025. The filing pertains to Prosper Funding LLC, a subsidiary, and is categorized under 'Other Events'. Specific details regarding the nature of this event are not provided in the excerpt.
Why It Matters
This filing indicates a material event has occurred for Prosper Marketplace, Inc. and its subsidiary Prosper Funding LLC, requiring public disclosure.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for an 'Other Event' without immediate disclosed financial impact or significant operational changes.
Key Numbers
- 20250917 — Filing Date (Date the 8-K was filed with the SEC.)
- 20250901 — Event Date (Earliest date of the event reported in the 8-K.)
Key Players & Entities
- PROSPER MARKETPLACE, INC (company) — Filer
- Prosper Funding LLC (company) — Subsidiary Filer
- 221 MAIN STREET, 3RD FLOOR, SAN FRANCISCO, CA 94105 (location) — Business and Mail Address
- 415-593-5400 (phone_number) — Business Phone
FAQ
What specific event is being reported under 'Other Events'?
The provided excerpt does not specify the nature of the 'Other Events' filed on September 1, 2025.
What is the relationship between Prosper Marketplace, Inc. and Prosper Funding LLC?
Prosper Funding LLC is identified as a subsidiary of Prosper Marketplace, Inc.
When was this 8-K filing submitted to the SEC?
The 8-K filing was submitted on September 17, 2025.
What is the primary business of Prosper Marketplace, Inc. according to the filing?
Prosper Marketplace, Inc. is classified under 'Finance Services' with SIC code 6199.
Where is Prosper Marketplace, Inc. located?
Prosper Marketplace, Inc. is located at 221 Main Street, 3rd Floor, San Francisco, CA 94105.
Filing Stats: 863 words · 3 min read · ~3 pages · Grade level 13.6 · Accepted 2025-09-17 17:09:25
Filing Documents
- prosper-20250901.htm (8-K) — 31KB
- 0001416265-25-000038.txt ( ) — 168KB
- prosper-20250901.xsd (EX-101.SCH) — 2KB
- prosper-20250901_def.xml (EX-101.DEF) — 13KB
- prosper-20250901_lab.xml (EX-101.LAB) — 24KB
- prosper-20250901_pre.xml (EX-101.PRE) — 14KB
- prosper-20250901_htm.xml (XML) — 3KB
01 – Other Events
ITEM 8.01 – Other Events. On September 1, 2025, Prosper Marketplace, Inc. ("PMI") and Prosper Funding LLC ("PFL", and together with PMI, the "Company") identified that an unauthorized third party gained access to the Company's systems that contain proprietary and confidential information. The Company promptly initiated its cybersecurity response plans and began taking steps to investigate, contain, and remediate the incident and enhance its security measures with the assistance of cybersecurity experts. The Company has also informed law enforcement. There is no evidence of unauthorized access to customer accounts and funds, and the Company's customer-facing operations continue uninterrupted. As of the date of this filing, the Company has determined that the incident has not had a material impact on its overall business operations, or on PMI and PFL individually. While the Company's investigation is ongoing, the Company has evidence that confidential, proprietary, and personal information, including Social Security numbers, was obtained, including through unauthorized queries made on Company databases that store customer and applicant data. The Company is still in the process of identifying what information, including the number of records of personal information, was compromised. The Company will make required regulatory and individual notifications on a rolling basis. The Company has yet to determine the full scope and impact of the incident and therefore the Company has yet to determine whether the incident is reasonably likely to materially impact its financial condition and results of operations, or PMI and PFL individually. The Company remains subject to various risks due to the incident, and an increase in the cost to the Company of its insurance policy covering cybersecurity incidents. Cautionary Note Regarding Forward-Looking Statements This Current Report on Form 8-K contains certain statements that may be considered "forward-looking statements
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. Prosper Marketplace, Inc. Date: September 17, 2025 By: /s/ Edward R. Buell III Edward R. Buell III General Counsel and Secretary Prosper Funding LLC Date: September 17, 2025 By: /s/ Edward R. Buell III Edward R. Buell III Secretary