[8-K] eXp World Holdings, Inc. Reports Material Event
Rhea-AI Filing Summary
On August 6, 2025 the Board of Directors of eXp World Holdings, Inc. authorized, and the company entered into, an Eleventh Amendment to its Issuer Repurchase Plan with Stephens Inc. The amendment modifies the monthly repurchase amounts under the Purchase Plan and applies through November 30, 2025. A copy of the Eleventh Amendment is attached as Exhibit 10.1 and is incorporated by reference into this Current Report on Form 8-K. The report is signed by James Bramble, Chief Legal Counsel and dated August 8, 2025. The filing does not disclose the revised monthly repurchase amounts or aggregate repurchase authorization, so the filing itself does not quantify the financial effect.
Positive
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Insights
TL;DR: Routine amendment to the buyback plan was executed, but the filing omits key dollar amounts, limiting assessment.
The Board authorized and the company entered into an Eleventh Amendment to its Issuer Repurchase Plan dated August 6, 2025, which changes monthly repurchase amounts through November 30, 2025. The amendment is attached as Exhibit 10.1. Because this Form 8-K does not disclose the revised monthly repurchase figures or any aggregate cap, investors cannot determine the amendment's magnitude or immediate impact on share count, liquidity, or capital allocation from this filing alone. Rating: 0 (neutral).
TL;DR: Governance action recorded and documented, but materiality cannot be judged without disclosed terms.
The filing documents a Board-authorized amendment to the Issuer Repurchase Plan with Stephens Inc., effective August 6, 2025, and extends modifications through November 30, 2025. The Eleventh Amendment is filed as Exhibit 10.1 and incorporated by reference, satisfying disclosure protocol. However, the absence of numeric terms or explanation of policy intent (e.g., acceleration, pause, or increase in repurchases) prevents assessment of governance implications for capital allocation. Rating: 0 (neutral).
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 8.01Other Events.
On August 6, 2025, the Board of Directors of eXp World Holdings, Inc. (the “Company”) authorized, and the Company entered into, an Eleventh Amendment (the “Eleventh Amendment”) to that certain Issuer Repurchase Plan, dated January 10, 2022, by and between the Company and Stephens Inc. (as amended, the “Purchase Plan”), which modifies the monthly repurchase amounts under the Purchase Plan through November 30, 2025. A copy of the Eleventh Amendment is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. | Exhibit Description | |
10.1 | Eleventh Amendment to Issuer Repurchase Plan, dated August 6, 2025, by and between eXp World Holdings, Inc. and Stephens Inc. | |
104 | Inline XBRL for the cover page of this Current Report on Form 8-K | |
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 thereunto duly authorized.
| eXp World Holdings, Inc. |
| (Registrant) |
|
|
Date: August 8, 2025 | /s/ James Bramble |
| James Bramble |
| Chief Legal Counsel |
