Company: PGYWW
Filing Date: 2025-03-12
Form Type: 10-K
Source: 0001883085-25-000050
Chunk: 22

Company: Pagaya Technologies Ltd.
Filing Date: 2025-03-12
Form: 10-K
Item: Item 16
Chunk 22
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617 

F-7

Table of Contents

Proceeds from issuance of ordinary shares from the Equity Financing Purchase Agreement11,865 27,892 — Distributions made to noncontrolling interests(9,820)(43,767)(77,764)Payments made to revolving credit facility(149,000)(55,000)(27,100)Payments made to secured borrowing(361,428)(206,390)(37,687)Payments made to long-term debt(14,000)— — Debt issuance costs(16,651)— — Settlement of share-based compensation in satisfaction of tax withholding requirements— (650)— Net cash provided by financing activities436,688 289,096 437,920 Effect of exchange rate changes on cash, cash equivalents and restricted cash(586)(515)— Net increase (decrease) in cash, cash equivalents and restricted cash3,977 (114,535)132,501 Cash, cash equivalents and restricted cash, beginning of period222,541 337,076 204,575 Cash, cash equivalents and restricted cash, end of period$226,518 $222,541 $337,076 Reconciliation of cash, cash equivalents, and restricted cash within the consolidated balance sheets to the amounts shown in the statements of cash flow above:Cash and cash equivalents$187,921 $186,478 $309,793 Restricted cash - current18,595 16,874 22,539 Restricted cash - non-current20,002 19,189 4,744 Total cash, cash equivalents, and restricted cash$226,518 $222,541 $337,076 Supplemental disclosures of cash flow informationCash paid for income taxes$4,908 $9,174 $6,941 Cash paid for interest expense80,321 17,779 4,341 Cash paid for operating leases13,056 14,103 11,192 Supplemental disclosure of non-cash activitiesInitial recognition (derecognition) of right-of-use assets and operating lease liability$(17,737)$(1,839)$68,819 In-kind distributions— 20,603 — Issuance of ordinary shares in connection with acquisitions5,969 18,134 — Stock-based compensation included in capitalized internal-use software7,149 8,315 9,021 Contingent consideration liability in