Company: IMXI
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001683695-25-000100
Chunk: 6

Company: International Money Express, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 4
Chunk 6
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 disruptions to our business resulting from the announcement and pendency of the Merger, including any adverse changes in our relationships with our employees, customers, suppliers, and other business partners, may continue or intensify in the event the merger is not consummated;

•we may not be able to take advantage of alternative business opportunities or effectively respond to competitive pressures; and

•we may experience a departure of management personnel and other employees.

We and our directors may be targets of securities class action and derivative lawsuits, which could result in substantial costs and may delay or prevent the Merger from being completed.

Securities class action lawsuits and derivative lawsuits are often brought against public companies and their directors when companies enter into agreements for transactions similar to those contemplated by the Merger Agreement, and such lawsuits may be brought against us and our directors in connection with the Merger Agreement. Even if the lawsuits are without merit, these claims can result in substantial costs and divert management time and resources. Additionally, if a plaintiff is successful in obtaining an injunction prohibiting completion of the Merger, then that injunction may delay or prevent the Merger from being completed, which may adversely affect our business, financial position, and results of operations.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS 

Issuer Purchases of Equity Securities

The following table provides information about repurchases of our common stock during the quarter ended June 30, 2025:

PeriodTotal Number of Shares Purchased(a)Average Price Paid per ShareTotal Number of Shares Purchased as Part of Publicly Announced Program(b)Approximate Dollar Value of Shares that May Yet be Purchased under the ProgramApril 1 through April 30330,367$12.18 329,642$55,510,523 May 1 through May 31344,317$11.37 344,136$51,596,312 June 1 through June 30306,926$10.75 306,563$48,299,973 Total981,610980,341

(a)Includes (i) 725, (ii) 181 and (iii) 363 shares withheld for income tax purposes in April 2025, May 2025 and June 2025, respectively, in connection with shares issued under compensation and benefit programs. 

(b)On August 18, 2021, the Company’s Board of Directors approved a stock repurchase program (the “Repurchase Program”) that author