Company: IMXI
Filing Date: 2025-10-21
Form Type: PREM14A
Source: 0001140361-25-038818
Chunk: 67

Company: International Money Express, Inc.
Filing Date: 2025-10-21
Form: PREM14A
Chunk 67
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 all of Intermex’s assets by any person or group, or the commencement of a tender offer or exchange offer by a person or group not affiliated with Intermex, which, if consummated, would result in the acquisition of a majority of Intermex’s equity securities, and the Board fails timely to recommend against such offer. Subject to limited exceptions, each non-disclosure agreement also prohibited the counterparty from having discussions with potential financing sources without Intermex’s prior consent.

On December 5, 2024, Western Union entered into a non-disclosure agreement with Intermex, materially consistent with the terms described above, and received a copy of the CIM.

On December 9, 2024, the Strategic Alternatives Committee held a meeting with Intermex management and representatives of Cravath, H&K, FTP and Lazard to discuss a status update of the strategic alternatives process, including the engagement status of potential counterparties, feedback from potential counterparties expressing interest in a strategic transaction and others that had declined or had discontinued participation in the process, as well as the status of a preliminary proposal instruction letter to be sent to potential counterparties requesting submission of preliminary, non-binding indications of interest by a specified date (the “Initial Process Letter”). Representatives of FTP provided an update on the status of a meeting that had been scheduled for later that day between representatives of Western Union and Intermex management.

Later in the day on December 9, 2024, Intermex senior management held an in person meeting at Intermex’s headquarters with representatives of Western Union, including Western Union’s Chief Executive Officer and Chief Financial Officer, and representatives of FTP to discuss a potential transaction.

On December 11, 2024, at the direction of Intermex, a copy of the Initial Projections was uploaded to the virtual data room for Project Ivey and made available to potential counterparties that gained access to the Project Ivey data room following the execution of non-disclosure agreements, which included Western Union.

On December 12, 2024, the Strategic Alternatives Committee held a meeting with Intermex management and representatives of Cravath, H&K, FTP, and Lazard to discuss the Initial Process Letter, process updates, the then current outlook for fourth quarter of 2024 (the “Q4 2024 Performance Update”), and anticipated fourth quarter results in comparison to market expectations. The Strategic Alternatives Committee also received an update regarding the December 9 th meeting among Interm