Company: IMXI
Filing Date: 2025-08-11
Form Type: 8-K
Source: 0001140361-25-029957
Chunk: 3

Company: International Money Express, Inc.
Filing Date: 2025-08-11
Form: 8-K
Item: Item 1.01
Chunk 3
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 (b) is incapable of being cured, or if capable, is not cured within forty-five calendar days following receipt by Parent of notice from the Company of such breach, untruth, inaccuracy or failure to perform; or
(ii) to enter into a Company Acquisition Agreement that provides for a Superior Proposal (prior to receipt of Stockholder Approval), provided that the Company pays an applicable termination fee described below.

Upon termination of the Merger Agreement, (i) Parent, under specified circumstances, including termination of the Merger Agreement by the Company or
Parent due to a Restraint relating to any Antitrust Law, will be required to pay the Company a termination fee equal to $27,300,000, and (ii) the Company, under specified circumstances, including termination of the Merger Agreement by (a) the
Company to enter into a Company Acquisition Agreement that provides for a Superior Proposal (prior to receipt of Stockholder Approval) or (b) Parent as a result of an Adverse Recommendation Change, will be required to pay Parent a termination fee
equal to $19,800,000.

Other Terms of the Merger Agreement

Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company Option, Company RSU, Company PSU and Company Restricted Share
will, subject to certain exceptions, be canceled, and the holder thereof shall then become entitled to be paid the Merger Consideration to be paid in consideration therefor (or, in the case of each Company Option, the excess, if any, of the Merger
Consideration over the exercise price per share of Company Common Stock subject to such Company Option).

The Merger Agreement contains customary representations and warranties of the Company, Parent and Merger Sub relating to their respective businesses
and the proposed transaction, in each case generally subject to customary materiality qualifiers. Additionally, the Merger Agreement provides for customary pre-closing covenants of the Company, including, subject to certain exceptions, covenants
relating to conducting its business in the ordinary course consistent with past practice, preserving business relationships with money transfer agents, banks, customers, vendors and others doing business with it, maintaining current business
organizations, assets and permits, and retaining the services of its officers and key employees intact.

In addition, subject to the terms of the Merger Agreement, the Company, Parent and Merger Sub are required to use reasonable best efforts to
consummate the Merger and obtain all required regulatory approvals, which will include clearance under domestic and