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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): April 11, 2024
Commission File Number: 001-41430
Pagaya Technologies Ltd.
(Exact name of registrant as specified in its charter)
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Israel | | 98-1704718 |
(State or other jurisdiction of incorporation or organization) | | (I.R.S. Employer Identification No.) |
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90 Park Ave, 20th Floor | | | |
New York, New York | | | 10016 |
(Address of principal executive offices) | | (Zip Code) |
(646) 710-7714
(Registrant's telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Class A Ordinary Shares, no par value | | PGY | | The NASDAQ Stock Market LLC |
Warrants to purchase Class A Ordinary Shares | | PGYWW | | The NASDAQ Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Changes to the Company’s Board of Directors
Effective as of April 8, 2024, Tami Rosen (“Ms. Rosen”) has been appointed by Pagaya Technologies Ltd.’s Board of Directors (the “Board”) to serve as a director of the Company to fill the vacancy created by the resignation of Amy Pressman, effective the same day. Ms. Pressman’s resignation was due to personal reasons and she is supportive of Ms. Rosen’s appointment.
Ms. Rosen, age 53, joined Pagaya in 2021 as the Chief People Officer and will be transitioning to a new role in the Company in addition to her appointment to the Board of Directors. As the Company’s first C-Suite hire, she was instrumental in helping to scale the business, support M&A activities, attract and retain top talent, and assist in Pagaya’s successful public offering. Prior to joining Pagaya, Ms. Rosen served in various senior executive roles at Apple, Goldman Sachs, Atlassian, and Luminar Technologies. Ms. Rosen received her undergraduate degree from Binghamton University in Law and Society.
There are no transactions between the Company and Ms. Rosen that would be required to be reported under Item 404(a) of Regulation S-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 hereunto duly authorized.
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| | PAGAYA TECHNOLOGIES LTD. |
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Date: April 11, 2024 | By: | /s/ Gal Krubiner |
| Name: | Gal Krubiner |
| Title: | Chief Executive Officer |