On August 31, 2026, Jon Paul Richardson and Daniel Castagnoli voluntarily cancelled their outstanding restricted stock units (RSUs) with Exodus Movement, Inc. Richardson cancelled 273,278 RSUs and Castagnoli cancelled 233,218 RSUs, representing all of their respective holdings under the company's equity plans. The cancellation creates additional share capacity within the Company's 2026 Stock Incentive Plan to facilitate future compensation for employees and service providers critical to integrating Monavate and Baanx. Exodus Movement, Inc. operates in the fintech industry, providing blockchain-based payment solutions.

Exodus Movement, Inc. reported second quarter 2026 financial results on August 10, 2026, showing revenue of $26.2 million, a 2% increase from the prior year period. The company posted a net loss of $18.6 million compared to net income of $37.7 million in Q2 2025. General and administrative expenses rose 138% to $44.7 million, while partnership expenses increased 76% to $3.7 million. The results include financial contributions from the Monavate and Baanx acquisitions since May 1, 2026. Operational metrics showed a decline in monthly active users to 1.4 million and total swap volume of $1.1 billion. Exodus operates as a self-custodial finance and payments platform providing digital asset management and crypto infrastructure services.

Exodus Movement, Inc. approved a restructuring plan involving a reduction in force of approximately 77 employees and service providers, representing about 25% of its global workforce. The company expects to incur $2.5 million to $3.5 million in costs related to the plan, while targeting $10 million to $13 million in annualized cash operating expense savings. Exodus Movement, Inc. provides self-custodial digital asset management and payments infrastructure for consumer and fintech clients in the cryptocurrency industry.

Exodus Movement, Inc. completed the acquisition of Monavate Holdings Limited, Baanx.com Ltd, and Baanx US Corp on May 1, 2026. The company acquired Monavate and Baanx.com from UK receivers for $76.2 million, satisfied via the netting and discharge of existing W3C Loans. Additionally, Exodus agreed to pay $30.0 million for Baanx US and other assets from W3C Corp and Garth Howat, payable in installments over four years ($5M at closing, $5M at year one, $10M at year three, and $10M at year four), with an option to pay portions in Class A common stock. This filing provides the required historical audited financial statements for Monavate and unaudited pro forma combined financial information. The company operates in the financial technology industry, providing digital asset wallets and payment processing services.