Company: WLTH
Filing Date: 2025-09-29
Form Type: S-1
Source: 0001628280-25-043113
Chunk: 184

Company: WEALTHFRONT CORP
Filing Date: 2025-09-29
Form: S-1
Chunk 184
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 redeemable convertible preferred stock, borrowings, and cash flow from operating activities.

As of July 31, 2025, our primary sources of liquidity were our unrestricted cash and cash equivalents of $222.7 million.

As of July 31, 2025, we were party to a credit agreement with a third-party financial institution to provide a revolving line of up to $50.0 million with a maturity date of October 30, 2025 (the “Revolver”). The Revolver was not drawn on during the six months ended July 31, 2025.

Based on our current level of operations, we believe our available cash and cash provided by operations will be adequate to meet our future liquidity needs for at least the next 12 months. Our future capital requirements and the adequacy of available funds will depend on many factors, including, but not limited to our growth, our ability to attract and retain platform assets, efforts to develop and improve our platform, the growth of new and existing products, marketing activities, potential merger and acquisition activity, and other strategic initiatives.

#### Borrowings
Revolving Line of Credit

On October 31, 2024, we entered into the Revolver. Interest accrued on the outstanding principal balance is at (i) the base rate, plus 1.0% per annum or (ii) Adjusted Daily Simple SOFR, plus 2.0% per annum. The base rate is defined as the highest of (i) the Prime Rate; (ii) the Federal Funds Rate, plus 0.50%, and (c) Adjusted Daily Simple SOFR plus 1.00%, and is payable on a monthly basis. The Revolver was not drawn on during the six months ended July 31, 2025.

#### Cash Flows
The following table presents summarized condensed consolidated cash flow information for the periods presented (in thousands):

| (in thousands, except percentages)                  |     | 2024 | Fiscal Year Ended January 31, |     | 2025 |         |     | 2024 | Six Months Ended July 31, |     | 2025 |        |
|:----------------------------------------------------|:----|:-----|------------------------------:|:----|:-----|--------:|:----|:-----|--------------------------:|:----|:-----|-------:|
| Net cash provided by operating activities           |     | $    |                        72,918 |     | $    | 123,