Oportun reaches cooperation agreement with Findell Capital

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Oportun Enters Cooperation Agreement with Findell Capital

July 14, 2025 9:20 AM EDT

SAN CARLOS, Calif., July 14, 2025 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (Oportun or the Company), a mission-driven financial services company, today announced it has entered into a multi-year cooperation agreement (the Agreement) with Findell Capital Management LLC (collectively with its affiliates, Findell) to end the contested director election.

Under the terms of the Agreement, Findell has agreed to support and vote in favor of Oportuns nominees, CEO Raul Vazquez and Carlos Minetti, at the 2025 Annual Meeting of Stockholders (the Annual Meeting) and the Oportun Board of Directors (the Board) has... More