UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO SECTION 13A-16 OR 15D-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of November 2023
Commission File Number: 001-41430
Pagaya Technologies Ltd.
(Exact Name of Registrant as Specified in Its Charter)
Azrieli Sarona Bldg, 54th Floor
121 Derech Menachem Begin
Tel-Aviv 6701203, Israel
+972 (3) 715 0920
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
CONTENTS
Appointment of Interim Chief Financial Officer
On November 20, 2023, Pagaya Technologies Ltd. (“Pagaya” or the “Company”) appointed Evangelos Perros as its Interim Chief Financial Officer. Mr. Perros is replacing Michael Kurlander. Mr. Kurlander, who has served as Pagaya’s Chief Financial Officer since June 2021, is resigning to pursue other opportunities and his decision to resign was not related to any disagreement with the Company on any matter relating to its operations, policies or practices.
The information in this Report on Form 6-K is incorporated by reference into Pagaya’s Registration Statement on Form S-8 (File No. 333 274540), Form S-8 (File No. 333-265739), Registration Statement on Form F-3 (File No. 333-266228), Registration Statement on Form F-3 (File No. 333-266930), Registration Statement on Form F-3 (File No. 333-271343) and Registration Statement on Form F-3 (File No. 333 274862), to the extent not superseded by information subsequently filed or furnished (to the extent Pagaya expressly states that it incorporates such furnished information by reference) by Pagaya under the Securities Act of 1933, as amended (the "Securities Act"), or the Securities Exchange Act of 1934, as amended (the "Exchange Act"). A copy of the related press release is furnished as Exhibit 99.1 hereto, and shall not be deemed to be “filed” for purposes of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference into any filing made by Pagaya under the Securities Act or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
EXHIBIT INDEX
| Exhibit No. | Description | |||||||
| Press release, dated November 24, 2023, titled “Pagaya Announces CFO Transition.” | ||||||||
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.
| PAGAYA TECHNOLOGIES LTD. | ||||||||
| Date: November 24, 2023 | By: | /s/ Gal Krubiner | ||||||
| Name: | Gal Krubiner | |||||||
| Title: | Chief Executive Officer | |||||||
Pagaya Announces CFO Transition Michael Kurlander to depart as CFO; Evangelos Perros appointed Interim CFO November 24, 2023 – New York, NY – Pagaya Technologies, Ltd. �NASDAQ� PGY� (“Pagaya” or “The Company”) today announced that Michael Kurlander, Chief Financial Officer, has stepped down from his role to pursue an outside opportunity. Deputy Chief Financial Officer Evangelos Perros has been named Interim Chief Financial Officer, as the Company conducts a search for a permanent successor that will include both internal and external candidates. The Company has engaged a leading executive recruitment firm to lead this process. Kurlander will remain in an advisory role through the end of the year to support the transition. "Michael has been a tremendous partner to Pagaya’s leadership team over the last two and a half years, helping drive our company to the next phase of our mission, while building a strong financial foundation to deliver profitable growth well into the future," said Gal Krubiner, Co-founder and CEO of Pagaya. "I am grateful for his many contributions to Pagaya and wish him great success in the next chapter of his career." The Company named Perros as the Company’s Deputy CFO in September of 2023. “Evangelos Perros is a proven leader having built and led finance functions at top-tier financial institutions prior to joining Pagaya. He has extensive M&A and investment banking experience and has a wealth of financial markets and operational expertise. Evangelos is credited with building out our strategic finance function and in recent months has been serving as our deputy CFO, leading Investor Relations, Corporate Development and Strategy. I look forward to continuing to work with him closely in his role as Interim CFO and am confident in his ability to continue to deliver against our strategic and financial goals,” Krubiner concluded. "It has been a great experience being part of the growth and success of Pagaya over the last 2.5 years,” said Kurlander. “I will continue to root for Pagaya’s continued success going forward and have full confidence in the team.” About Pagaya Technologies Pagaya �NASDAQ� PGY� is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. 0
By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate products for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com. Investors & Analysts ir@pagaya.com Media & Press press@pagaya.com 0