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Upstart Holdings, Inc. 8-K Report: Key Developments on February 11, 2025

$UPST
Form 8-K
Filed on: 2025-02-11
Source
Upstart Holdings, Inc. 8-K Report: Key Developments on February 11, 2025

Here are the key pieces of information extracted from the provided section of the financial report:

  1. Entity Information:
  • Company Name: Upstart Holdings, Inc.
  • CIK (Central Index Key): 0001647639
  • SEC File Number: 001-39797
  • EIN (Employer Identification Number): 46-4332431
  • Address: 2950 S. Delaware Street, Suite 410, San Mateo, CA 94403
  • Phone Number: 833-212-2461
  1. Filing Information:
  • Filing Type: 8-K (a report of unscheduled material events or corporate changes)
  • Filing Date: February 11, 2025
  1. Stock Information:
  • Common Stock Par Value: $0.0001 per share
  • Ticker Symbol: UPST
  • Exchange: NASDAQ
  1. Period Information:
  • Report Period: The report is covering a single day, specifically February 11, 2025.
  1. XML and XBRL Context:
  • The report is formatted in XBRL (eXtensible Business Reporting Language), which is used for the electronic communication of business and financial data.

Insights:

  • This filing is an 8-K, which typically indicates that Upstart Holdings is reporting a significant event or change that shareholders should be aware of, although specific details of the event are not provided in the text.
  • The report covers a very specific date, suggesting that the information disclosed may pertain to an event or decision made on that date.
  • The par value of the common stock is quite low, which is common for many tech companies, indicating a focus on growth rather than dividend payouts or high initial equity valuation.
  • Being listed on NASDAQ indicates that Upstart Holdings is subject to the regulations and reporting requirements of this exchange, which may impact their operational transparency and governance.

This information can be critical for investors and stakeholders analyzing the company’s performance, governance, or any recent developments that could affect the stock's value.