Company: WLTH
Filing Date: 2025-12-12
Form Type: 424B4
Source: 0001628280-25-056780
Chunk: 387

Company: WEALTHFRONT CORP
Filing Date: 2025-12-12
Form: 424B4
Chunk 387
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#### Warrants

#### Equity-Classified Warrants
From 2019 to 2023, the Company issued warrants to purchase an aggregate of 1,641,713 shares of common stock with a weighted-average exercise price of $2.60. All warrants expire 10 years from the date of grant. As of January 31, 2025, none of the equity-classified warrants had vested or been exercised.

#### Liability-Classified Warrants
The warrant liabilities are included in other noncurrent liabilities in the consolidated balance sheets. The fair value of the warrants is remeasured at the end of every reporting period, with changes in fair value during the period recorded as a component of other expense (income), net in the consolidated statements of operations.

#### Common Stock Warrant
In April 2020, the Company issued a warrant to purchase 60,000 shares of common stock at an exerc ise price of $1.16 per share. On January 31, 2024 and 2025, the warrant was recorded at a fair value of approximately $0.6 million and $0.8 million, respectively. The warrant expires in April 2030.

<div align='center'>F-25</div>

### WEALTHFRONT CORPORATION
<div align='center'>Notes to Consolidated Financial Statements</div>

The fair value of the common stock warrant was estimated using the BSM option-pricing model with the following assumptions:

| Expected term (years)      
 Expected volatility        
 Risk-free interest rate    
 Expected dividends         |     | January 31, 
 2024        |  6.24 
 49.30 
  3.93 
     — | % 
 % 
 % |     | 2025 |  5.24 
 54.40 
  4.42 
     — | % 
 % 
 % |
|:---------------------------|:----|:------------|------:|:--|:----|:-----|------:|:--|
| Fair value of common stock |     | $           | 11.07 |   |     | $    | 14.04 |   |

#### Series G Warrant
At January 31, 2024 and 2025 , a warrant to purchase 251,750 shares of Series G redeemable convertible preferred stock (the “Series G Warrant”) at an exercise price of $3.97 was outstanding, with a fair value of $2.2 million and $2