
ClarificationAug 5, 2026, 05:34 PM
Upstart Amends 10-Q to Correct Risk Factor Typographical Error
AI Summary
Upstart Holdings, Inc. filed an amendment to its Original Form 10-Q to correct a typographical error in the 'Risk Factors' section. The amendment specifically changes the time period 'fourth quarter of 2025' to 'fourth quarter of 2024' in a sentence discussing the forecasted underperformance of certain personal loan vintages. This correction aligns the statement with the 'Credit Performance' section of the Management’s Discussion and Analysis.
Key Highlights
- Amends Original Form 10-Q to correct a typographical error in Risk Factors.
- Changes 'fourth quarter of 2025' to 'fourth quarter of 2024' in a sentence.
- Correction relates to forecasted underperformance of personal loans.
- The specific loans are those originated from Q2 2023 through Q1 2024 and Q4 2024.
- Amendment does not modify other items or disclosures in the Original Form 10-Q.
Price Impact
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