OppFi Publishes Supplemental Information Regarding its Warrants

Rhea-AI Summary

OppFi (NYSE: OPFI), a tech-enabled digital finance platform, has published supplemental information about its outstanding warrants to purchase Class A common stock. CEO Todd Schwartz highlighted that with warrants approaching expiration within a year, this disclosure aims to help investors evaluate potential impacts on the company's capital structure, including a possible significant capital infusion if warrants are exercised.

The company, which partners with banks to provide financial products to underserved Americans, maintains a 4.5/5.0 star rating on Trustpilot from over 4,900 reviews. OppFi also holds a 35% equity interest in Bitty Holdings, a company providing revenue-based financing to small businesses. The supplemental warrant information is available on OppFi's Investor Relations website and in an SEC Form 8-K filing.

Positive

• Potential significant capital infusion from warrant exercises to support strategic initiatives
• Strong 4.5/5.0 Trustpilot rating from over 4,900 reviews indicating customer satisfaction
• Strategic 35% equity stake in Bitty Holdings expanding business lending capabilities

Negative

• Warrant expiration approaching within one year creating potential uncertainty
• Complex Up-C structure requiring additional investor scrutiny
• Exposure to regulatory risks including California Department of Financial Protection and Innovation challenges

CHICAGO, Aug. 21, 2025 /PRNewswire/ -- OppFi Inc. (NYSE: OPFI) ("OppFi" or the "Company"), a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans, announced today that it has published supplemental information regarding its outstanding warrants to purchase shares of the Company's Class A common stock. 

"As OppFi continues to deliver strong performance and as our outstanding public warrants are now within one year of expiration, we wanted to provide our stockholders and potential investors with supplemental information to allow them to evaluate the potential positive impacts and other effects of the warrants on our capital structure. This includes the potential for a significant capital infusion to support OppFi's strategic initiatives if the warrants are exercised," said Todd Schwartz, CEO and Executive Chairman of OppFi. "Given our Up-C structure, we encourage our stockholders and potential investors to review information published by OppFi when evaluating our Company."

The supplemental information is available on the Investor Relations page of the Company's website at: OppFi Investor Relations, as well as on a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

About OppFi

OppFi (NYSE: OPFI) is a tech-enabled digital finance platform that partners with banks to offer financial products and services to everyday Americans. Through this transparent and responsible platform, which emphasizes financial inclusion and exceptional customer experience, the Company assists consumers who are underserved by traditional financing options in building improved financial health. OppLoans by OppFi maintains a 4.5/5.0 star rating on Trustpilot based on over 4,900 reviews, positioning the Company among the top consumer-rated financial platforms online. OppFi also holds a 35% equity interest in Bitty Holdings, LLC ("Bitty"), a credit access company that provides revenue-based financing and other working capital solutions to small businesses. For additional information, please visit oppfi.com.

Contacts:

Investor Relations:
Mike Gallentine
Head of Investor Relations
mgallentine@oppfi.com

Media Relations:
media@oppfi.com

Forward-Looking Statements

This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. OppFi's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "possible," "continue," and variations and similar words and expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include, without limitation, OppFi's expectations with respect to the treatment of public or private placement warrants and potential exercise thereof, the potential proceeds to be received in connection with the exercise of such warrants and the potential uses of the proceeds thereof by the Company, the future performance of OppFi's platform, OppFi's objectives, plans, strategies, and expectations for OppFi's growth, and future financial performance. These forward-looking statements are based on OppFi's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside OppFi's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the impact of general economic conditions, including economic slowdowns, inflation, interest rate changes, recessions, the impact of tariffs, and tightening of credit markets on OppFi's business; the impact of challenging macroeconomic and marketplace conditions; the impact of stimulus or other government programs; whether OppFi will be successful in obtaining declaratory relief against the Commissioner of the Department of Financial Protection and Innovation for the State of California; whether OppFi will be subject to AB 539; whether OppFi's bank partners will continue to lend in California and whether OppFi's financing sources will continue to finance the purchase of participation rights in loans originated by OppFi's bank partners in California; OppFi's ability to scale and grow the Bitty business; the impact that events involving financial institutions or the financial services industry generally, such as actual concerns or events involving liquidity, defaults, or non-performance, may have on OppFi's business; risks related to any material weakness in OppFi's internal controls over financial reporting; the ability of OppFi to grow and manage growth profitably and retain its key employees; risks related to new products; risks related to evaluating and potentially consummating acquisitions; concentration risk; risks related to OppFi's ability to comply with various covenants in its corporate and warehouse credit facilities; risks related to potential litigation; changes in applicable laws or regulations, including, but not limited to, impacts from the One Big Beautiful Bill Act; the possibility that OppFi may be adversely affected by other economic, business, and/or competitive factors; risks related to management transitions; and other risks and uncertainties indicated from time to time in OppFi's filings with the United States Securities and Exchange Commission, in particular, contained in the section or sections captioned "Risk Factors." OppFi cautions that the foregoing list of factors is not exclusive, and readers should not place undue reliance upon any forward-looking statements, which speak only as of the date made. OppFi does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.

View original content:https://www.prnewswire.com/news-releases/oppfi-publishes-supplemental-information-regarding-its-warrants-302536203.html

SOURCE OppFi

FAQ

When do OppFi's (OPFI) warrants expire?

According to the announcement, OppFi's public warrants are set to expire within one year from August 21, 2025.

What is the potential impact of OppFi's warrant exercise on the company?

The warrant exercise could provide OppFi with a significant capital infusion to support the company's strategic initiatives.

What is OppFi's current Trustpilot rating in 2025?

OppFi maintains a 4.5/5.0 star rating on Trustpilot based on over 4,900 reviews, positioning it among top-rated financial platforms online.

What is OppFi's ownership stake in Bitty Holdings?

OppFi holds a 35% equity interest in Bitty Holdings, LLC, a company that provides revenue-based financing and working capital solutions to small businesses.

Where can investors find OppFi's warrant information?

The supplemental warrant information is available on the OppFi Investor Relations website and in a Current Report on Form 8-K filed with the SEC.