Company: IMXI
Filing Date: 2025-11-05
Form Type: DEFM14A
Source: 0001140361-25-040538
Chunk: 93

Company: International Money Express, Inc.
Filing Date: 2025-11-05
Form: DEFM14A
Chunk 93
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 (excluding the period during which Intermex was pursuing its publicly announced strategic alternatives process), which was reached on September 20, 2024. It also represents a discount of approximately 27% to $21.87 per share, the 52-week high trading price of our common stock on the Nasdaq (including the period during which Intermex was pursuing its publicly announced strategic alternatives process), which was reached on December 17, 2024. |

| • | No Ongoing Equity Interest in Intermex. The Board of Directors and Strategic Alternatives Committee considered the fact that Intermex’s public stockholders will have no ongoing equity interest in the surviving corporation following the Merger, meaning that our stockholders will cease to participate in Intermex’s potential future earnings or growth and will not benefit from any future increase in the value of Intermex following completion of the Merger. |

| • | Inability to Solicit Takeover Proposals. The Board of Directors and Strategic Alternatives Committee considered the fact that the Merger Agreement contains covenants prohibiting Intermex from soliciting potential Takeover Proposals and restricting its ability to entertain potential Takeover Proposals unless certain conditions are satisfied. The Board of Directors and Strategic Alternatives Committee also considered the fact that the right afforded to Western Union under the Merger Agreement to negotiate revised terms and conditions of the Merger Agreement in response to a Takeover Proposal that the Board of Directors determines in good faith is a Superior Proposal may discourage other parties that might otherwise have an interest in a business combination with, or an acquisition of, Intermex. |

| • | The Termination Fee. The Board of Directors and Strategic Alternatives Committee considered the fact that Intermex may be required to pay a termination fee of $19,800,000 to Western Union if the Merger Agreement is terminated under certain circumstances, including in connection with Intermex accepting a Superior Proposal or due to the Board of Directors or the Strategic Alternatives Committee changing or withdrawing its recommendation in favor of the Merger. |

| • | Effect of Announcement. The Board of Directors and Strategic Alternatives Committee considered the potential effect of the public announcement of the Transactions on Intermex’s employees, operations and business partners and stock price, as well as its ability to attract and retain key personnel while the Merger is pending. |

| • | Litigation Risk. The Board of Directors and Strategic Alternatives Committee considered the risk of litigation in connection with the execution of the Merger Agreement and