# EDGAR Filing Document

**Accession Number:** 0001823306
**File Stem:** 0001823306-25-000032
**Filing Date:** 2025-6
**Character Count:** 8601
**Document Hash:** 89b07112e089edbb530865feb5f6f53a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001823306-25-000032.hdr.sgml**: 20250617

**ACCESSION NUMBER**: 0001823306-25-000032

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250616

**FILED AS OF DATE**: 20250617

**DATE AS OF CHANGE**: 20250616

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Lightspeed Commerce Inc.
- **CENTRAL INDEX KEY:** 0001823306
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-PREPACKAGED SOFTWARE [7372]
- **ORGANIZATION NAME:** 06 Technology
- **EIN:** 981137623
- **STATE OF INCORPORATION:** Z4
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-39498
- **FILM NUMBER:** 251051672

**BUSINESS ADDRESS:**
- **STREET 1:** 700 SAINT-ANTOINE STREET EAST, SUITE 300
- **CITY:** MONTREAL
- **STATE:** Z4
- **ZIP:** H2Y 1A6
- **BUSINESS PHONE:** (514) 907-1801

**MAIL ADDRESS:**
- **STREET 1:** 700 SAINT-ANTOINE STREET EAST, SUITE 300
- **CITY:** MONTREAL
- **STATE:** Z4
- **ZIP:** H2Y 1A6

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Lightspeed POS Inc.
- **DATE OF NAME CHANGE:** 20200901

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 6-K**

**Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934** 

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| | | |
|:---|:---|:---|
| For the month of | **June** | **2025** |
| Commission File Number | **001-39498** | |

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| |
|:---|
| **LIGHTSPEED COMMERCE INC.** |
| (Translation of registrant's name into English) |
| **700 Saint-Antoine Street East, Suite 300**<br>**Montréal, Québec, Canada** <br>**H2Y 1A6** |
| (Address of principal executive offices) |

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Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F Form 40-F ☒

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): <u>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</u> 

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**DOCUMENTS INCLUDED AS PART OF THIS REPORT**

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| | |
|:---|:---|
| **Exhibit** | |
| <u>[99.1](june162025pr.htm)</u> | Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action |

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | | |
|:---|:---|:---|:---|
| | *Lightspeed Commerce Inc.* | *Lightspeed Commerce Inc.* | *Lightspeed Commerce Inc.* |
| | (Registrant) | (Registrant) | (Registrant) |
| June 16, 2025 | By: | */s/ Dan Micak* | */s/ Dan Micak* |
| | | Name: | Dan Micak |
| | | Title: | Chief Legal Officer |

---

## Exhibit 99.1

![image_0.jpg](image_0.jpg)

**Lightspeed Commerce Announces Settlement Agreement for Quebec Class Action** 

**MONTREAL, JUNE 16, 2025 /PRNewswire/** <u>Lightspeed Commerce Inc.</u>, (NYSE \| TSX: LSPD) ("Lightspeed" or the "Company"), the unified omnichannel platform powering ambitious retail and hospitality businesses in over 100 countries, today announced that it has reached an agreement in principle to resolve in full the proposed class action proceedings filed in Quebec.<sup>1</sup> The settlement follows <u>the recent dismissal</u> of a parallel U.S. securities class action against the Company, where the court found the plaintiff's allegations to have no adequate legal basis.

The settlement, which remains subject to the approval of the Superior Court of Quebec, purports to definitely settle and discharge all claims put forward on behalf of the proposed class members against the Company and the other defendants. As part of the settlement, the Company and the other settling defendants admit no liability and deny all allegations of wrongdoing whatsoever.

"Lightspeed is in a moment of transformation, centering our business on strategic growth as we build a long-term profitable company for our customers and shareholders," explained Founder and CEO, Dax Dasilva. "Resolving this action means Lightspeed can remain focused on our transformation–concentrating on the markets where we have a proven right to win–and delivering exceptional experiences to our customers worldwide."

The amount of the settlement is ~$8.09 million<sup>2</sup>.

To learn more about Lightspeed, visit <u>http://www.lightspeedhq.com</u>.

**<u>About Lightspeed</u>**

Lightspeed is the POS and payments platform powering businesses at the heart of communities in over 100 countries. As the partner of choice for ambitious retail and hospitality entrepreneurs, Lightspeed helps businesses accelerate growth, deliver exceptional customer experiences, and run smarter across all channels and locations.

With fast, flexible omnichannel technology, Lightspeed brings together point of sale, ecommerce, embedded payments, inventory, reporting, staff and supplier management, financial services, and an exclusive wholesale retail network. Backed by insights, and expert support, Lightspeed helps businesses run more efficiently and focus on what they do best.

<sup>1</sup> Re-Re-Amended Motion for Authorization to Bring an Action Pursuant to Section 225.4 of the Québec Securities Act and Application for Authorization to Institute a Class Action. See court docket number 500-06-001164-215.

<sup>2</sup> C$11 million converted into U.S. dollars using an exchange rate of 0.7354, being the daily rate of exchange posted by the Bank of Canada for conversion of Canadian dollars into U.S. dollars on June 13, 2025.

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![image_0.jpg](image_0.jpg)

Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange and Toronto Stock Exchange (NYSE: LSPD) (TSX: LSPD), with teams across North America, Europe, and Asia Pacific.

Follow us on <u>LinkedIn</u>, <u>Facebook</u>, <u>Instagram</u>, <u>YouTube</u>, and <u>X</u>.

**<u>Forward-Looking Statements</u>**

This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("**forward-looking statements**"), including information regarding Lightspeed's pending and threatened litigation and settlement agreement. Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profiles on SEDAR+ at <u>www.sedarplus.com</u> and on EDGAR at <u>www.sec.gov</u>. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.

For further information:

Lightspeed Media Relations: media@lightspeedhq.com

Lightspeed Investor Relations: Gus Papageorgiou, <u>investorrelations@lightspeedhq.com</u>

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