UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 10, 2020
(Exact name of registrant as specified in charter)
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(I.R.S. Employer Identification No.)
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (305 ) 671-8000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2
of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised
financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 2.02. |
Results of Operations and Financial Condition.
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On November 10, 2020, International Money Express, Inc., a Delaware corporation (the “Company”), issued a press release announcing additional data regarding its operating
results for the third quarter ended September 30, 2020. A copy of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
In accordance with General Instruction B.2 of Form 8-K, the information in this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for
purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, and shall not be incorporated by reference into any registration statement or other document
filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
| Item 9.01. |
Financial Statements and Exhibits.
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Exhibits
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Exhibit No.
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Description
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Press release, dated November 10, 2020, issued by International Money Express, Inc.
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104*
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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*Filed herewith
SIGNATURE
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 hereunto
duly authorized.
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INTERNATIONAL MONEY EXPRESS, INC.
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Dated: November 10, 2020
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By:
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/s/ Tony Lauro II
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Name:
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Tony Lauro II
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Title:
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Chief Financial Officer
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Exhibit 99.1
International Money Express, Inc. Registers Record Remittances in October and Market Share Gains in the Third Quarter of 2020
MIAMI, FLorida (November 10, 2020) - International Money Express, Inc. (NASDAQ: IMXI) (Intermex), a leading money remittance services company, today announced that it set an all-time one month high in October,
initiating 3.1 million remittances, up 19.3% over October 2019. This performance exceeds the previous remittances record that was just set in August 2020. Contributing to this record performance were monthly all-time high transactions to Mexico,
Guatemala, El Salvador, Honduras, and others.
This positive momentum also led to accelerating market share gains for the third quarter of 2020. In our core markets of Mexico, Guatemala, El Salvador,
and Honduras, which was 76% of the total Latin American market as of December 20191, Intermex realized 20.0% market share for the third quarter of 2020, up from 18.7% in the prior year third
quarter.
“Delivering this record monthly result and strong quarterly performance is a testament to the International Money Express brand, with our focused, high
quality agent network strategy, and our ability to provide high reliability and service quality. Generating this type of performance is even more impressive when you consider the United States, as well as Latin American and African countries are
experiencing pandemic related disruptions,” said Chairman, CEO and President, Bob Lisy.
About International Money Express, Inc.
At International Money Express, Inc. (NASDAQ: IMXI), the customer is at the center of everything we do. We use proprietary technology that enables
consumers to send money primarily from the United States to 17 countries in Latin America and the Caribbean, including Mexico and Guatemala, and seven countries in Africa and two in Asia. We offer the electronic movement of money to our customers
through our network of sending and paying agents and company-operated stores located in all 50 states, the District of Columbia and Puerto Rico, and throughout Latin America, the Caribbean and selected countries in Africa and Asia. Our services are
also available digitally through our app, intermexonline.com, and at the company retail locations. We were founded in 1994 and are headquartered in Miami, Florida with offices in Puebla, Mexico, and Guatemala City, Guatemala.
Investor Relations:
Mike Gallentine
Vice President of Investor Relations
tel: 305-671-8005
mgallentine@intermexusa.com
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1
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December 2019 is the latest data available for all of the Latin American countries.
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