LendingClub Corp 2024年度报告

FORM10-K ☐ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIESEXCHANGE ACT OF 1934 or ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THESECURITIES AND EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Commission File Number: 001-36771 LendingClubCorporation (Exact name of registrant as specified in its charter) 51-0605731 Delaware (I.R.S. EmployerIdentification No.) (State or other jurisdiction ofincorporation or organization) 595 Market Street, Suite 200, San Francisco,CA94105(Address of principal executive offices and zip code) Registrant’s telephone number, including area code: (415) 930-7440 Securities registered pursuant to Section 12(b) of the Act: Title of each class:Trading SymbolName of each exchange on whichregistered:Common stock, par value $0.01 pershareLCNew York Stock Exchange Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the registrant is a well-known seasoned issuer, as defined inRule 405 of the Securities Act.YesýNo¨ Indicate by check mark if the registrant is not required to file reports pursuant to Section 13or Section 15(d) of the Act.Yes¨Noý Indicate by check mark whether the registrant (1) has filed all reports required to be filed bySection 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (orfor such shorter period that the registrant was required to file such reports), and (2) has beensubject to such filing requirements for the past 90 days.YesýNo¨ Indicate by check mark whether the registrant has submitted electronically everyInteractive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405of this chapter) during the preceding 12 months (or for such shorter period that the registrantwas required to submit such files).YesýNo¨ Indicate by check mark whether the registrant is a large accelerated filer, an acceleratedfiler, a non-accelerated filer, a smaller reporting company, or an emerging growth company. Seethe definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and“emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer☐Non-accelerated filer☐ Accelerated filer☐Smaller reporting company☐Emerging growth company☐ If an emerging growth company, indicate by check mark if the registrant has elected not touse the extended transition period for complying with any new or revised financial accountingstandards provided pursuant to Section 13(a) of the Exchange Act. o Indicate by check mark whether the registrant has filed a report on and attestation to itsmanagement’s assessment of the effectiveness of its internal control over financial reportingunder Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☐ If securities are registered pursuant to Section 12(b) of the Act, indicate by check markwhether the financial statements of the registrant included in the filing reflect the correction of anerror to previously issued financial statements. o Indicate by check mark whether any of those error corrections are restatements thatrequired a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b). o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2of the Act).Yes☐No☐ The aggregate market value of the voting and non-voting common equity held by non-affiliatesof the registrant as of June 30, 2024, the last business day of the registrant’s most recentlycompleted second fiscal quarter, was $824,231,718 based on the closing price reported forsuch date on the New York Stock Exchange. Shares of the registrant’s common stock held byeach executive officer, director and holder of 10% or more of the outstanding common stockhave been excluded in that such persons may be deemed to be affiliates. This calculation doesnot reflect a determination that certain persons are affiliates of the registrant for any otherpurpose. As of January 31, 2025, there were 113,383,917 shares of the registrant’s common stockoutstanding. Documents Incorporated by Reference Portions of the registrant’s Definitive Proxy Statement for the Registrant’s 2025 Annual Meetingof Stockholders are incorporated by reference into Part III of this Annual Report on Form 10-K tothe extent stated herein. Such Definitive Proxy Statement will be filed with the Securities andExchange Commission within 120 days after the end of the registrant’s fiscal year endedDecember 31, 2024. LENDINGCLUB CORPORATION Annual Report On Form 10-KFor Fiscal Year Ended December 31, 2024 TABLE OF CONTENTS Glossary1Forward-looking Statements3PART I5 Item 1.Business5Item 1A.Risk Factors17Item 1B.Unresolved Staff Comments47Item 1C.Cybersecurity47Item 2.Properties48Item 3.Legal Proceedings49Item 4.Min