---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-023307"
form_type: "8-K"
ticker: "IMXI"
cik: "0001683695"
company_name: "International Money Express, Inc."
filed_at: "2023-05-08T23:59:59+00:00"
generated_at: "2026-06-15T13:38:11.521501+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# IMXI repurchases 500K shares for ~$12.6M from stockholder SPC Intermex at 4% discount

## Summary
- Purchased 500,000 shares at $25.28/share, a 4% discount to the $26.33 closing price.
- Total purchase price of ~$12.6 million funded from cash on hand.
- Stockholder sold 27.7% of its 1,803,351 shares, which previously represented ~5% of IMXI outstanding.
- Directors Adam Godfrey and Justin Wender are Managing Partners of Stella Point Capital, the seller's control entity.
- Repurchase approved by the Audit Committee; shares to be retired.

## SEC filing metadata
- accession: 0001140361-23-023307
- form_type: 8-K
- ticker: IMXI
- cik: 0001683695
- company_name: International Money Express, Inc.
- filed_at: 2023-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1683695/000114036123023307/0001140361-23-023307-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1683695/000114036123023307/brhc20052586_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-023307
- JSON: https://secwatch.observer/filing/0001140361-23-023307.json
- Plain text: https://secwatch.observer/filing/0001140361-23-023307.txt

## Key facts
- Material Agreements
  International Money Express, Inc. entered into Share Repurchase Agreement with SPC Intermex, LP valued at approximately $12.6 million (effective 2023-05-05).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: SPC Intermex, LP
  - Value: approximately $12.6 million
  - Effective: 2023-05-05
  source text: On May 5, 2023, International Money Express, Inc. (the “ Company ”) entered into a share repurchase agreement (the “ Share Repurchase Agreement ”) with SPC Intermex, LP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1683695/000114036123023307/0001140361-23-023307-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.