Company: IMXI
Filing Date: 2025-06-26
Form Type: 8-K
Source: 0001683695-25-000082
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Company: International Money Express, Inc.
Filing Date: 2025-06-26
Form: 8-K
Item: Item 5.02
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Item 5.02.      Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.  

On June 20, 2025, at the Annual Meeting of Stockholders (the “ Annual Meeting”) of International Money Express, Inc. (the “ Company”), the Company’s stockholders approved the Amended and Restated International Money Express, Inc. 2020 Omnibus Equity Compensation Plan (the “ A& R 2020 Plan”), which amends and restates the Company’s existing 2020 Omnibus Equity Compensation Plan (the “2020 Plan”).

The A& R 2020 Plan increases the number of shares of common stock authorized for issuance under the 2020 Plan by an additional 2,520,000 shares. The A& R 2020 Plan also (a) sets the effective date of the A& R 2020 Plan as June 20, 2025, (b) extends the term of the 2020 Plan from June 25, 2030 to June 19, 2035, (c) provides that the aggregate fair market value (as defined in the A& R 2020 Plan) of all grants to any non-employee director during any single calendar year, plus the total cash compensation paid to the director for services as a director rendered for a calendar year, shall not exceed $750,000, representing an increase from $500,000 and a modification of such limitation such that it will apply only for services rendered as a director rather than for services rendered in all capacities (for example, as both a director and as a consultant), (d) adds that after March 31, 2025, shares tendered (either physically or by attestation) or withheld by the Company for purposes of satisfying tax withholding obligations with respect to grants other than options or stock appreciation rights granted under the A& R 2020 Plan shall again be available for purposes of the A& R 2020 Plan, and (e) includes certain other minor or ministerial changes.

The Company’s Board of Directors approved the A& R 2020 Plan on April 28, 2025, subject to stockholder approval at the Annual Meeting. The A& R 2020 Plan is described in more detail in Proposal Four in the Company’s revised definitive proxy statement on

Schedule 14A filed with the Securities and Exchange Commission on May 12, 2025 (the