Company: AFRM
Filing Date: 2025-04-25
Form Type: PRE 14A
Source: 0001820953-25-000040
Chunk: 64

Company: Affirm Holdings, Inc.
Filing Date: 2025-04-25
Form: PRE 14A
Chunk 64
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 governance, and litigation rights, benefits for the Company and its stockholders in a reincorporation and any potential drawbacks, and the predictability and stability of Nevada’s statute-based legal approach compared to Delaware’s approach, including the impact of recent changes to the General Corporation Law of the State of Delaware, as amended (the “ DGCL ”);

WHEREAS , following its evaluation of a potential reincorporation of the Company, the Board has determined that it is in the best interests of the Company and its stockholders to approve and effect a reincorporation of the Company from the State of Delaware to the State of Nevada by way of a conversion pursuant to and in accordance with Section 266 of the DGCL, Sections 92A.195 and 92A.205 of the Nevada Revised Statutes, as amended (the “ NRS ”), and the proposed plan of conversion (the “ Plan of Conversion ”), in substantially the form attached hereto as Exhibit A (such conversion, the “ Nevada Reincorporation ”), which Plan of Conversion includes the proposed Nevada articles of incorporation (the “ Nevada Charter ”) and the proposed Nevada bylaws (the “ Nevada Bylaws ” and, together with the Nevada Charter, the “ Nevada Governing Documents ”), substantially in the forms attached hereto as Exhibit B and Exhibit C , respectively;

WHEREAS , pursuant to the terms of the Plan of Conversion, upon the Nevada Reincorporation, the Company will cease to be governed by the laws of the State of Delaware and its existing amended and restated certificate of incorporation and amended and restated bylaws and will become a corporation governed by the laws of the State of Nevada (the “ Converted Corporation ”) and the Nevada Governing Documents;

WHEREAS , upon receipt of stockholder approval of the Nevada Reincorporation (including the Plan of Conversion and the Nevada Governing Documents) and these resolutions approving the Nevada Reincorporation at a special meeting of stockholders (including any adjournments or postponements thereof, the “ Special Meeting ”), the Nevada Reincorporation will become effective at the date and time (the “ Effective Time ”) specified in each of (i) the articles of conversion meeting the requirements of NRS Sections 92A.205 and 92A.230 (the “ Articles of Conversion ”) to be properly executed and filed in accordance with such sections and (ii) a certificate of conversion meeting the requirements of Section 266 of the DGCL (the “ Certificate of Conversion ”) to