Expensify (EXFY) has released an update.
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Expensify, Inc. revised its loan agreement with CIBC and other lenders, extending the maturity of its $25 million credit line to September 2025, adjusting covenants to better reflect its operations, and noting a $15 million outstanding balance. Investors should view these updates alongside Expensify’s other public disclosures and SEC filings for a complete financial understanding. Additionally, the company has shared an investor presentation on its website, emphasizing that it may be updated and is not an admission of materiality.
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