Company: IMXI
Filing Date: 2025-10-21
Form Type: PREM14A
Source: 0001140361-25-038818
Chunk: 109

Company: International Money Express, Inc.
Filing Date: 2025-10-21
Form: PREM14A
Chunk 109
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 observed rapid changes in market conditions and operational results during the balance of the first quarter of 2025, which changes continued to be observed in the early portion of the second quarter of 2025, including a decline in the number of retail transactions, as well as changes to growth rates within the digital business and anticipated returns within those business lines. After discussion of the Updated Initial Projections and the foregoing changing conditions and factors with senior management, the Strategic Alternatives Committee requested that management prepare further revised Projections to reflect the rapidly evolving current environment and resulting lower outlook for market growth, which projections are referred to in the section of this proxy statement captioned “ Opinion of the Financial Advisor ” as the Moderate Case Management Forecasts.

The Projections were prepared based on Intermex’s continued operation as a stand-alone, public company and do not take into account the Merger, including the effect of any business or strategic decision or action that has been or will be taken as a result of the execution of the Merger Agreement. The Projections were presented to each of the Strategic Alternatives Committee and the Board of Directors in connection with its consideration of the Merger. At the instruction of the Strategic Alternatives Committee, the Moderate Case Management Forecasts, representing management’s then best currently available estimates and judgments as to the future financial performance of Intermex, were relied upon by Lazard in connection with rendering its opinion to the Strategic Alternatives Committee and the Board of Directors and performing the related financial analyses as described in the section of this proxy statement captioned “ The Merger — Opinion of the Financial Advisor ” and were the only financial projections with respect to Intermex used by Lazard in rendering its opinion and performing such related financial analyses.

Intermex is summarizing the Projections in this proxy statement to provide our stockholders with access to certain non-public, unaudited, risk-adjusted prospective financial information that was prepared for the Strategic Alternatives Committee and the Board of Directors for the purposes described above.

Cautionary Note About the Projections

The Projections, while necessarily presented with numerical specificity, were based on numerous variables and financial, operating and commercial assumptions, developed solely using the information available to Intermex’s management at the time, that were inherently uncertain and many of which were beyond Intermex’s control. The Projections are forward-looking statements that are based on assumptions that are inherently subject to significant uncertainty and contingencies. Important factors that may affect actual results and cause the Projections not to be achieved include: changes in