2023-08-08 18:07:26 ET
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Dave ( NASDAQ: DAVE ) said Tuesday that tech entrepreneur Imran Khan has bought 2.5% of the company's Class A common stock through a secondary sale.
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Khan has also joined as a board member effective immediately, the company said.
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The stock was purchased through investment funds managed by Khan.
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Khan is the founder of Proem Asset Management and co-founder and CEO of the e-commerce marketplace Verishop.
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Previously, he served as the chief strategy officer at Snap and was the head of global internet investment banking at Credit Suisse.
For further details see:
Former Snap strategy chief Khan buys 2.5% of Dave's Class A common stock