Happen, Inc. 8-K
Research Summary
AI-generated summary
Happen, Inc. Announces Name Change and Nasdaq Listing (Ticker HAPN)
What Happened
- Happen, Inc. (formerly LendingClub Corporation) filed a Certificate of Amendment and amended and restated its bylaws, effective June 22, 2026, to change the corporate name to Happen, Inc. The company said no stockholder vote was required under Delaware law and the name change does not affect stockholder rights.
- The company moved its common stock listing from the New York Stock Exchange to the Nasdaq Global Select Market and changed its trading symbol from “LC” to “HAPN,” effective at market open on June 22, 2026. The Common Stock’s CUSIP number remains unchanged. The company’s wholly owned bank also changed its name to Happen Bank, National Association.
- The company issued a press release about the changes (filed as Exhibit 99.1).
Key Details
- Effective date: June 22, 2026.
- Name change filed via Certificate of Amendment and bylaws amendment (Exhibits 3.1 and 3.2 to the 8‑K).
- Listing change: NYSE → Nasdaq Global Select Market; ticker changed from LC → HAPN at market open on June 22, 2026.
- CUSIP: unchanged; banking subsidiary renamed to Happen Bank, National Association.
Why It Matters
- For investors, the legal identity of the company and its trading symbol changed, but the underlying securities are the same (CUSIP unchanged) and shareholder rights were not altered by the name change.
- Practical impacts: update brokerage/watchlist tickers and any automated alerts or portfolio trackers to HAPN on Nasdaq; expect possible short‑term trading/visibility effects as market participants adjust to the new ticker and exchange.
- The filings and press release are available in the company’s 8‑K for investors seeking the official documents and exact language.
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