# EDGAR Filing Document

**Accession Number:** 0001841408
**File Stem:** 0001193125-26-016910
**Filing Date:** 2026-1
**Character Count:** 12272
**Document Hash:** 612aed646e8580519dfd65ce07e30a05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-016910.hdr.sgml**: 20260121

**ACCESSION NUMBER**: 0001193125-26-016910

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20260120

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260121

**DATE AS OF CHANGE**: 20260120

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dave Inc./DE
- **CENTRAL INDEX KEY:** 0001841408
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-40161
- **FILM NUMBER:** 26544202

**BUSINESS ADDRESS:**
- **STREET 1:** 1265 SOUTH COCHRAN AVENUE
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90019
- **BUSINESS PHONE:** 8448573283

**MAIL ADDRESS:**
- **STREET 1:** 1265 SOUTH COCHRAN AVENUE
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90019

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VPC Impact Acquisition Holdings III, Inc.
- **DATE OF NAME CHANGE:** 20210120

?xml version='1.0' encoding='ASCII'? 8-K

**UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549**

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## FORM 8-K

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported):** January 20, 2026<br>

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Dave Inc.

**(Exact name of Registrant as Specified in Its Charter)**

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| | | |
|:---|:---|:---|
| Delaware | 001-40161 | 86-1481509 |
| **(State or Other Jurisdiction<br>of Incorporation)** | **(Commission File Number)** | **(IRS Employer<br>Identification No.)** |
| 1265 South Cochran Ave |  |  |
| Los Angeles**,** California |  | 90019 |
| **(Address of Principal Executive Offices)** |  | **(Zip Code)** |

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**Registrant's Telephone Number, Including Area Code:** 844 857-3283<br>

N/A<br>

**(Former Name or Former Address, if Changed Since Last Report)**

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

**Securities registered pursuant to Section 12(b) of the Act:**

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| | | |
|:---|:---|:---|
| **<br>Title of each class** | **Trading<br>Symbol(s)** | **<br>Name of each exchange on which registered** |
| Class A common stock, par value $0.0001 | DAVE | The Nasdaq Stock Market LLC |
| Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $368 per share | DAVEW | The Nasdaq Stock Market LLC |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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## Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
*Director Resignation*

On January 20, 2026, Imran Khan notified the Company of his intention to resign from the Board of Directors (the "Board") of Dave Inc. (the "Company") effective upon the appointment of his successor. Mr. Khan's decision to resign was not related to any disagreement with the Company on any matter relating to its operations, policies or practices.

*Director Appointment*

On January 20, 2026, the Board appointed Nima Khajehnouri to the Board effective immediately. Mr. Khajehnouri will serve as a Class III director with a term expiring at the Company's 2027 Annual Meeting of Stockholders and until his successor has been duly elected and qualified, or until his earlier resignation or removal. The Board also appointed Mr. Khajehnouri to the Audit Committee of the Board. The Board has determined that Mr. Khajehnouri is an independent director as defined in Section 5605(a) of the Nasdaq Stock Market rules.

Mr. Khajehnouri will be entitled to receive compensation for his services as a non-employee director pursuant to the Dave Inc. Non-Employee Director Compensation Policy, as may be amended from time to time, which for 2026 will consist of $50,000 for his service as a member of the Board and Audit Committee, pro-rated based on his start date. Additionally, as an inducement for Mr. Khajehnouri's decision to join the Board in a highly competitive market, Mr. Khajehnouri, although having joined the Board subsequent to December 31st of the prior calendar year, will be eligible to receive a restricted stock unit award under the Dave Inc. Amended and Restated 2021 Equity Incentive Plan with a grant date value of $165,000 and such other terms as are applicable to the annual restricted stock unit awards granted to the Company's outside directors. Mr. Khajehnouri will enter into the Company's standard form of indemnification agreement.

There are no arrangements or understandings between Mr. Khajehnouri and any other person pursuant to which he was appointed as a director of the Company, and there is no family relationship between Mr. Khajehnouri and any of the Company's other directors or executive officers. In addition, Mr. Khajehnouri does not have an interest in any transaction that would require disclosure under Item 404(a) of Regulation S-K.

*Board and Committee Leadership Transitions*

The Board also announced Mike Pope has been appointed Lead Independent Director, succeeding Brendan Carroll, who remains a member of the Board. Additionally, Andrea Mitchell has been named Chair of the Nominating and Corporate Governance Committee, replacing Mr. Pope, who will continue to serve as a member of the committee.

## Item 7.01 Regulation FD Disclosure.
On January 20, 2026, the Company issued a press release announcing Mr. Khajehnouri's appointment and the board changes described above. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished under this Item 7.01, including Exhibit 99.1, will not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, and will not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

## Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.

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| | |
|:---|:---|
| **Exhibit No.**<br>| **Description**<br>|
| 99.1 | [<u>Press Release dated January 20, 2026</u>](dave-ex99_1.htm) |
| 104 | Cover Page Interactive Data File (formatted as inline XBRL) |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
|  |  |  | **Dave, Inc.** |
| Date: | January 21, 2026 | By:  | /s/ Kyle Beilman |
|  |  | Name:<br>Title: | Kyle Beilman<br>Chief Financial Officer and Chief Operating Officer |

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## Exhibit 99.1

**Exhibit 99.1**

![img46582265_0.jpg](img46582265_0.jpg)

**Dave Inc. Appoints Nima Khajehnouri to Board of Directors; Announces Board Leadership Transitions**

**Los Angeles, January 20, 2026** -- Dave Inc. ("Dave" or the "Company") (Nasdaq: DAVE), one of the nation's leading neobanks, today announced that Nima Khajehnouri, a distinguished leader in artificial intelligence and data engineering, has joined its Board of Directors, effective immediately. Mr. Khajehnouri will serve as a member of the Company's Audit Committee. Imran Khan, who has served on the Board since August 2023, is stepping down in conjunction with this appointment.

Mr. Khajehnouri brings more than two decades' experience of leading engineering at some of the world's most influential technology companies. He currently serves as Vice President of Engineering at Meta, having previously been Vice President of Engineering at both Google and Snap. His appointment follows a deliberate search to further strengthen Dave's technical leadership and innovation capabilities, as the Company continues to deploy disruptive technologies to serve millions of Americans.

The Board also announced several Board leadership transitions. Mike Pope, who has served on the Board since 2022, has been appointed Lead Independent Director, succeeding Brendan Carroll who remains a member of the Board. Andrea Mitchell, who has served on the Board since 2022, has been appointed Chair of the Nominating and Corporate Governance Committee, replacing Mr. Pope who will continue to serve as a member of the Committee.

"We're pleased to announce today's Board personnel changes, which reflect a thoughtful approach to evolving our Board in keeping with the further development of the company," said Jason Wilk, Founder, CEO and Chairman of Dave. "Nima's world-class experience in scaling engineering teams, his deep technical background in AI and complex networks, and his exceptional insight into data-driven innovation will be invaluable to our Board and the wider Company. Imran has long been one of Dave's most passionate and value-creative supporters, advisors and, more recently, Board members. I want to thank him for his significant contributions and leadership during his time on the Board. Finally, I'm excited that Mike and Andrea are taking on expanded leadership roles on the Board; their institutional knowledge and expertise remain vital to our continued growth and governance."

"I'm excited to join Dave's Board and to contribute to its mission of providing best-in-class banking services through innovative technology," said Mr. Khajehnouri. "Dave's commitment to using AI to solve real-world financial challenges for everyday Americans is inspiring. I look forward to working with Jason and the rest of the Board to help the Company realize its full potential."

**About Nima Khajehnouri**

Mr. Khajehnouri has served as Vice President of Engineering at Meta since May 2025, and previously served as Vice President of Engineering at Google from January 2024 to May 2025, where he led the AI Data Engineering team. He previously served as Vice President of Engineering at Snap, Inc. from 2015 to December 2023, and Vice President of Engineering and Founding Member at NetSeer, Inc. from 2007 to

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its acquisition in 2015. Mr. Khajehnouri holds a Bachelor of Electrical Engineering from Sharif University of Technology, a PhD in Electrical Engineering and Computer Science from UCLA, and completed a postdoctoral fellowship in Computer Science, Complex Networks Lab at UCLA.

**About Dave**

Dave (Nasdaq: DAVE) is a leading U.S. neobank and fintech pioneer serving millions of everyday Americans. Dave uses disruptive technologies to provide best-in-class banking services at a fraction of the price of incumbents. For more information about the Company, visit: www.dave.com. For investor information and updates, visit: investors.dave.com and follow @davebanking on X.

**Investor Relations Contact**

Sean Mansouri, CFA or Stefan Norbom

Elevate IR

DAVE@elevate-ir.com

**Media Contact**

Dan Ury

press@dave.com

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