Company: PGYWW
Filing Date: 2025-03-12
Form Type: S-8
Source: 0000950103-25-003342
Chunk: 2

Company: Pagaya Technologies Ltd.
Filing Date: 2025-03-12
Form: S-8
Chunk 2
---
4 and January 1, 2025, respectively; and (ii) the ESPP that occurred on January 1, 2025.

In accordance with the instructional note to Part
I of Form S-8 as promulgated by the Commission, the information specified by Part I of Form S-8 has been omitted from this Registration
Statement.

<div align='center'>PART II

INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</div>

| Item 3. | Incorporation of Documents by Reference |

The following documents are incorporated herein
by reference:

(a) The
Registrant’s latest Form 10-K filed with the Commission on March 12, 2025 (the “Form 10-K”) pursuant to Section
13 or 15(d) of the Exchange Act (the “Exchange Act”), which contains the Registrant’s audited financial statements
for the latest fiscal year for which such statements have been filed (File No. 001-41430); and

(b) The
description of the Registrant’s Class A Ordinary Shares which is included as Exhibit 4.9 to the Form 10-K, including any amendments
or supplements thereto.

In addition, all documents filed subsequent to
the Form 10-K by the Registrant with the Commission pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act, prior to the
filing of a post-effective amendment to this Registration Statement which indicates that all securities offered have been sold or which
deregisters all securities then remaining unsold, shall be deemed to be incorporated by reference in this Registration Statement and to
be a part hereof from the date of the filing of such documents.

Any statement contained in a document incorporated
or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement
to the extent that a statement contained herein (or in any other subsequently filed document which also is incorporated or deemed to be
incorporated by reference herein) modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed,
except as so modified or superseded, to constitute a part of this Registration Statement.

| Item 5. | Interests of Named Experts and Counsel |

Not applicable.

<div align='center'>1</div>

| Item 8. | Exhibits |

| Exhibit Number 
 4.1            
 4.2            | Exhibit                                                                                                                                                                                                                                                         
 Third Am