Company: PGYWW
Filing Date: 2025-12-05
Form Type: S-3ASR
Source: 0000950103-25-015781
Chunk: 42

Company: Pagaya Technologies Ltd.
Filing Date: 2025-12-05
Form: S-3ASR
Chunk 42
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Listing of Securities

The Class A Ordinary Shares and public warrants
are traded on Nasdaq under the symbols “PGY” and “PGYWW,” respectively.

<div align='center'>24

SELLING SECURITYHOLDERS</div>

This prospectus relates to the possible offer
and resale by the Selling Securityholders of up to 50,979,975 shares of our Class A Ordinary Shares (including Class A Ordinary Shares
underlying Warrants previously issued in connection with the EJFA Merger and Class B Ordinary Shares).

The Selling Securityholders may from time to time
offer and sell any or all of the shares of Class A Ordinary Shares set forth below pursuant to this prospectus. When we refer to the “Selling
Securityholders” in this prospectus, we mean the persons listed in the table below, and the pledgees, donees, transferees, assignees,
successors and others who later come to hold any of the Selling Securityholders’ interest in the shares of Class A Ordinary Shares
after the date of this prospectus such that registration rights shall apply to those securities.

The following tables are prepared based on information
provided to us by the Selling Securityholders as of December 3, 2025. It sets forth the name and address, as applicable, of the Selling
Securityholders, the aggregate number of shares of Class A Ordinary Shares that the Selling Securityholders may offer pursuant to this
prospectus, and the beneficial ownership of the Selling Securityholders both before and after the offering. We have based percentage ownership
prior to this offering on 69,107,363 Class A Ordinary Shares outstanding, in each case as of October 31, 2025.

We cannot advise you as to whether the Selling
Securityholders will in fact sell any or all of such Class A Ordinary Shares. In addition, the Selling Securityholders may sell, transfer
or otherwise dispose of, at any time and from time to time, the Class A Ordinary Shares in transactions exempt from the registration requirements
of the Securities Act after the date of this prospectus. For purposes of this table, we have assumed that the Selling Securityholders
will have sold all of the securities covered by this prospectus upon the completion of the offering.

Unless otherwise indicated below, the address
of each beneficial owner listed in the tables below is c/o Pagaya Technologies Ltd., 335 Madison Ave, 16 Floor, New York,
NY 10017.

Class A Ordinary Shares

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