International Mny Express Inc SEC Filings

International Money Express (Intermex) asks stockholders to approve its cash merger with The Western Union Company. A special virtual meeting is set for December 9, 2025 at 10:00 a.m. ET. If approved and completed, each share of Intermex common stock will be converted into the right to receive $16.00 in cash, without interest and less any applicable tax withholding. Intermex would become a wholly owned subsidiary of Western Union and its shares would be delisted from Nasdaq.

The board, following a unanimous recommendation from a special independent committee, unanimously recommends voting FOR the merger, the advisory compensation vote, and the adjournment proposal. Approval of the merger requires a majority of outstanding shares as of the October 29, 2025 record date; there were 29,715,191 shares outstanding, and 14,857,596 votes constitute a majority.

The merger is not conditioned on financing; Western Union represented it will have sufficient funds at closing. The HSR waiting period has expired. Appraisal rights are available if procedures under Section 262 of the DGCL are followed. Termination fees include $19.8M payable by Intermex in specified cases and $27.3M payable by Western Union if an antitrust restraint prevents closing.

International Money Express (IMXI) called a special meeting to vote on its all-cash sale to Western Union. Under the Merger Agreement, each Intermex common share will be converted into $16.00 in cash, without interest and less applicable withholding, if the deal closes. Approval requires an affirmative vote by a majority of outstanding shares entitled to vote.

The board, following a special independent committee’s review and a fairness opinion from Lazard, unanimously recommends voting FOR the merger, an advisory vote on merger-related executive compensation, and a potential adjournment to solicit more votes if needed. The transaction is not conditioned on financing; Western Union represented it will have sufficient funds. The HSR waiting period expired on October 6, 2025, and closing remains subject to other regulatory consents, including money transmitter licenses. If completed, IMXI will be delisted and cease SEC reporting.

Appraisal rights are available for stockholders who strictly follow DGCL Section 262 procedures. Termination fees include $19.8 million payable by Intermex in specified scenarios and $27.3 million payable by Western Union if an antitrust restraint terminates the deal. The company currently anticipates, but does not guarantee, closing in mid‑2026.

Michael J. Purcell, a director of International Money Express, Inc. (IMXI), reported acquiring 1,122 shares of the issuer's common stock on 10/01/2025 at a price of $13.93 per share. The filing shows 84,613 shares beneficially owned by Mr. Purcell after the transaction. The shares were granted as restricted stock that vests on 12/31/2025 and are conditioned on his continued service as a director. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

Magnetar group disclosed an amendment to its Schedule 13D reporting a rise in its stake in International Money Express, Inc. (IMXI) to approximately 6.03%. The filing shows Magnetar Financial LLC, Magnetar Capital Partners LP, Supernova Management LLC and David J. Snyderman collectively beneficially own 1,790,158 shares as of the close of business on September 9, 2025. The Schedule states these purchases—206,473 shares between August 29 and September 9, 2025—were made for various Magnetar funds and managed accounts in open-market transactions. The Reporting Persons state they reserve the right to buy or sell additional shares but currently have no plans that would trigger the specific actions listed in Item 4.

Magnetar-affiliated reporting persons disclosed beneficial ownership of 1,583,685 shares of International Money Express Inc. (IMXI), representing approximately 5.33% of the outstanding Class A common stock. The shares are held across four Magnetar accounts: PRA Master Fund, Systematic Master Fund, Relative Value Master Fund and two managed accounts. The reporting persons state they purchased the shares from fund assets for a total cost of $23,349,641.67. The acquisition was made after a public announcement of a merger under which IMXI shareholders are to receive $16.00 per share in cash upon consummation. The filers reserve the right to buy or sell additional securities and otherwise change their intentions.

Voss Capital and related entities disclosed an aggregate 5.3% beneficial ownership in International Money Express, Inc. (IMXI). The Schedule 13D/A shows Voss Capital, its managed accounts and affiliated funds together hold 1,564,251 shares of IMXI based on 29,684,054 shares outstanding as of August 6, 2025. Purchase totals reported: 100,000 shares by Voss Value Master Fund (~$1,770,713), 50,000 shares by Voss Value-Oriented Special Situations Fund (~$1,018,697) and 1,414,251 shares in Voss managed accounts (~$26,619,695), all bought with working capital in open market transactions. Voting and dispositive power is reported as primarily sole control by Voss entities and Travis W. Cocke.

International Money Express, Inc. (IMXI) disclosed in an 8-K that The Western Union Company held an investor call on August 11, 2025 regarding a proposed acquisition of Intermex. The company furnished an investor presentation (Exhibit 99.1) and a script to the investor call (Exhibit 99.2); those exhibits are furnished, not filed, and therefore are not deemed "filed" for purposes of Section 18 of the Exchange Act.

Intermex states it will file a proxy statement with the SEC and will provide the definitive proxy to stockholders when available; the proxy will include information about directors, executive officers and their interests and may reflect changes to holdings via Forms 3 and 4. The filing references prior SEC filings, including Intermex's Annual Report for the year ended December 31, 2024 (filed February 27, 2025) and its amended definitive proxy (filed May 12, 2025).

The communication includes a forward-looking statements caution and lists material risks that could affect the Transaction, including the possibility that the Transaction may not be completed, the need for stockholder and regulatory approvals (including HSR review), potential transaction costs, integration and retention risks, litigation or regulatory actions, and business disruption.

International Money Express (IMXI) reported lower revenues and profits in the periods ended June 30, 2025 compared with 2024 while showing a stronger cash position and a material corporate development. Total revenue for the three months was $161.1 million versus $171.5 million a year earlier, and net income was $11.0 million (basic EPS $0.37) compared with $14.0 million (EPS $0.43) in the prior year. For the six months, revenue was $305.4 million and net income $18.8 million (EPS $0.62), down from $321.9 million and $26.1 million (EPS $0.79), primarily reflecting lower wire transfer fees and slightly lower operating income.

On the balance sheet, cash and cash equivalents increased to $174.7 million and total assets rose to $518.0 million. Revolving credit borrowings were $144.1 million and total stockholders’ equity was $142.3 million. The Company repurchased 1.35 million shares for $16.3 million in the six months ended June 30, 2025 and had approximately $48.3 million available under its repurchase program. In a subsequent event disclosed in the filing, on August 10, 2025 IMXI entered into a Merger Agreement with The Western Union Company under which each share would be converted into the right to receive $16.00 per share in cash, subject to customary closing conditions and approvals.