Company: IMXI
Filing Date: 2025-11-05
Form Type: DEFM14A
Source: 0001140361-25-040538
Chunk: 92

Company: International Money Express, Inc.
Filing Date: 2025-11-05
Form: DEFM14A
Chunk 92
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 of, among other matters, the benefits of the Merger to Intermex’s stockholders, the typical size of such termination fees in similar transactions and the likelihood that a fee of such size would not be a meaningful deterrent to alternative Takeover Proposals. |

| ○ | Western Union Termination Fee. Intermex and Western Union are required to use reasonable best efforts to consummate the Merger and obtain all required regulatory approvals, which will include clearance under domestic and foreign antitrust laws, and Western Union is required under the Merger Agreement to pay Intermex a reverse termination fee of $27,300,000 in the event the Merger Agreement is terminated due to a Restraint relating to any antitrust law is in effect. |

| ○ | Representations, Warranties and Covenants. The scope of the representations, warranties and covenants being made by Intermex and Western Union. |

| ○ | Appraisal Rights. The fact that statutory appraisal rights under Delaware law in connection with the Merger will be available to stockholders who do not vote in favor of the adoption of the Merger Agreement, properly demand appraisal of their shares of our common stock and otherwise fully comply with all required procedures under Section 262. For more information on appraisal rights, please see the section of this proxy statement captioned“The Merger — Appraisal Rights.” |

| ○ | Opportunity for Our Stockholders to Vote. The fact that the Merger would be subject to the approval of our stockholders, and that our stockholders would be free to evaluate the Merger and vote for or against the approval of the Merger Proposal at the Company Stockholders’ Meeting. |

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In the course of reaching the determinations and decisions and making the recommendation described above, the Board of Directors and Strategic Alternatives Committee, in consultation with Intermex’s senior management, outside legal counsel and financial advisors, also considered the risks and potentially negative factors relating to the Merger Agreement, the Merger and the other Transactions, including, among others, the following material factors (which factors are not necessarily presented in order of relative importance):

| • | Merger Consideration: The Board of Directors and Strategic Alternatives Committee considered the fact that the $16.00 per share in cash to be paid as Merger Consideration represents a discount of approximately 17% to $19.24 per share, representing the 52-week high trading price of our common stock on the Nasdaq