Company: IIIV
Filing Date: 2025-01-24
Form Type: 8-K
Source: 0001728688-25-000017
Chunk: 1

Company: i3 Verticals, Inc.
Filing Date: 2025-01-24
Form: 8-K
Item: Item 8.01
Chunk 1
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 of outstanding shares of Class A Common Stock in accordance with our organizational documents. Upon the effectiveness of the Reverse Unit Split, 369,256 outstanding shares of Class B common stock of the Company, par value $0.0001 per share (the “Class B Common Stock”) were retired without consideration, thereby maintaining a one-to-one ratio between (x) the number of Common Units owned by the Continuing Equity Owners after giving to the Reverse Unit Split, and (y) the number of outstanding shares of Class B Common Stock, in accordance with our organizational documents.

After giving effect to these recapitalization actions, (i) the Company holds approximately 70.83% of the outstanding Common Units as of the Contribution Date (an increase of approximately 0.78% compared to the Company’s ownership of approximately 70.05% of the outstanding Common Units immediately prior to giving effect to these recapitalization actions), and (ii) the Continuing Equity Owners hold approximately 29.17% of the outstanding Common Units as of the Contribution Date (a decrease of approximately 0.78% compared to the Continuing Equity Owners’ ownership of approximately 29.95% of the outstanding Common Units immediately prior to giving effect to these recapitalization actions).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: January 24, 2025

  i3 VERTICALS, INC.                               
  By:                     /s/ Geoff Smith          
  Name:                   Geoff Smith              
  Title:                  Chief Financial Officer