Expensify repurchases 6,053,023 shares at USD 1.2 in tender offer for USD 7.26 million

Expensify, Inc. Class A

Expensify, Inc. Class A

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  • Expensify completed a modified Dutch-auction tender offer, buying 6,053,023 Class A shares at USD 1.2 each.
  • Total purchase price was USD 7.26 million, excluding fees, for about 6.8% of Class A shares outstanding as of June 10, 2026.
  • The tender offer sought up to USD 25 million of stock at USD 0.98 to USD 1.2 per share.
  • All shares validly tendered at or below USD 1.2 will be purchased; odd-lot holders receive priority.
  • The repurchase will be funded with cash on hand; payment will be made in cash, net of applicable withholding taxes.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expensify Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260612678284) on June 12, 2026, and is solely responsible for the information contained therein.

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