Company: IIIV
Filing Date: 2025-11-21
Form Type: 10-K
Source: 0001728688-25-000122
Chunk: 9

Company: i3 Verticals, Inc.
Filing Date: 2025-11-21
Form: 10-K
Item: Item 8
Chunk 9
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100)(101,998)Proceeds from sale of Merchant Services Business, net of cash sold— 435,058 — Proceeds from sale of Healthcare RCM Business, net of cash sold96,102 — — Payments for other investing activities— (94)(1,251)Proceeds from investments— — 295 Net cash provided by (used in) investing activities76,456 396,150 (121,520)

See Notes to the Consolidated Financial Statements

79

i3 Verticals, Inc.CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)(In thousands)

Year ended September 30,202520242023Cash flows from financing activities:Proceeds from revolving credit facility58,374 386,952 365,022 Payments on revolving credit facility(58,374)(659,458)(281,534)Payments to extinguish exchangeable notes(26,223)— — Payments for repurchase of exchangeable notes— (87,840)— Proceeds from sale of exchangeable senior note hedges— 1,238 — Payments for repurchases of warrants— (552)— Payments of debt issuance costs(256)(930)(694)Payments for repurchases of Class A common stock(37,604)— — Net payments for settlement obligations(221)(4,241)(2,667)Cash paid for contingent consideration(817)(760)(6,832)Payments for required distributions to members or on behalf of members for tax obligations(25,267)(1,088)— Payments for required distributions to members under the Tax Receivable Agreement(10,032)— — Proceeds from stock option exercises300 25 180 Payments for employee's tax withholdings from net settled stock option exercises and RSU releases(4,294)(708)(490)Net cash (used in) provided by financing activities(104,414)(367,362)72,985 Net (decrease) increase in cash, cash equivalents, and restricted cash(22,264)77,197 (11,365)Cash, cash equivalents, and restricted cash at beginning of period89,597 12,400 23,765 Cash, cash equivalents, and restricted cash at end of period$67,333 $89,597 $12,400 Supplemental disclosure of cash flow information:Cash paid for interest$931 $29,492