Every 8-K that Dave Inc. Warrants (DAVEW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow DAVEW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full DAVEW filings page.
Dave Inc. reports that director Yadin Rozov resigned from the Board of Directors effective August 12, 2026. The company states that his decision was for personal reasons and not due to any disagreement regarding operations, policies, or practices. The Board and the company express appreciation for his service and contributions. Dave Inc. also reiterates that its Class A common stock trades under the symbol DAVE and its redeemable warrants under DAVEW on The Nasdaq Stock Market LLC, with each lot of 32 warrants exercisable for one share of Class A common stock at an exercise price of $368 per share.
Dave Inc. reported strong second-quarter 2026 results, with GAAP operating revenues, net of $170.8 million, up 30% year-over-year. Non-GAAP gross profit was $123.8 million with a 72% margin, and Adjusted EBITDA rose to $75.5 million, up 48% year-over-year for a 44% margin. GAAP net income was $6.7 million, which includes $36.9 million of non-cash warrant and earnout remeasurement charges, while adjusted net income reached $56.4 million and adjusted diluted EPS was $4.12, up 48%.
Operating momentum remained solid: new members grew 32% to 951,000 at a $19 customer acquisition cost, Monthly Transacting Members increased 17% to 3.08 million, and ExtraCash originations rose 27% to $2.3 billion with a 4.8% monetization rate. Credit metrics improved, with the 28-day past due rate at 2.12%. Cash, cash equivalents, restricted cash and investments totaled $254.4 million as of June 30, 2026, helped by $93.0 million of Coastal Community Bank funding and offset by $19.1 million of share repurchases, leaving $94.1 million under the authorization.
Based on first-half performance, the company raised full-year 2026 guidance. GAAP operating revenues, net are now expected at $725–$735 million (year-over-year growth of 31–33%), Adjusted EBITDA at $315–$325 million, and adjusted net income per diluted share at $17.00–$17.50.
Dave Inc. reported the results of its 2026 Annual Meeting of Stockholders. Of the 24,640,106 total voting power entitled to vote, 22,436,216 votes, or approximately 91.05%, were represented in person or by proxy, establishing a quorum.
Stockholders elected Dan Preston as a Class II director to serve until the 2029 annual meeting, with 17,520,094 votes for, 2,766,061 withheld, and 2,150,061 broker non-votes. They also approved, on an advisory basis, the company’s executive compensation.
Stockholders supported holding future advisory votes on executive compensation every 1 year, with 19,948,465 votes for that frequency. They also ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending December 31, 2026, with 22,358,229 votes for the ratification.
Dave Inc. closed a private offering of $200 million 0% Convertible Senior Notes due 2031 to qualified institutional buyers under Rule 144A. Net proceeds were about $192.1 million.
The company spent $17.3 million on capped call transactions covering about 0.7 million shares and used about $70.5 million to repurchase roughly 0.3 million shares at $210.67 each. The notes mature on April 1, 2031, carry a 0% coupon, and are initially convertible at 3.5825 shares per $1,000 principal, equivalent to about $279.13 per share, with a maximum initial conversion rate of 4.7467 shares per $1,000 (up to 949,340 shares). The capped calls are designed to limit dilution or higher cash payments above the conversion price up to an initial cap of $421.34 per share.
Dave Inc. plans a private offering of $150 million principal amount of Convertible Senior Notes due 2031, with an option for initial purchasers to buy an additional $22.5 million of notes. The notes are senior unsecured, pay interest semi-annually, and mature on April 1, 2031, unless earlier converted, redeemed or repurchased.
The notes may be converted into cash and, at Dave’s election, cash, Class A common stock or a combination for any amount above principal. Dave intends to use net proceeds to fund capped call transactions, repurchase common stock and for general corporate purposes, including further buybacks. Dave also plans capped call hedging with financial institutions and expects to repurchase shares concurrently with pricing, which could influence the trading price of its stock and the notes.
On August 13, 2025, Dave Inc.'s Board authorized a new program to repurchase up to $125 million of outstanding Class A common stock, replacing the prior program that provided up to $50 million in repurchasing authority. As of August 12, 2025, approximately $18.1 million remained available under the existing program.
The company furnished a press release as Exhibit 99.1 and stated the information is being furnished, not deemed "filed" for purposes of Section 18 of the Exchange Act. The disclosure is limited to the authorization and exhibit reference; it does not provide timing, execution details, or funding source for repurchases.