secwatch.observer — SEC 8-K summary
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Issuer:     Paysign, Inc. (PAYS)
CIK:        0001496443
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001683168-23-001651
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paysign authorizes $5M stock repurchase program, to run 36 months
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- Board authorized repurchase of up to $5,000,000 of outstanding common stock.
- Program starts immediately and is expected to be completed over 36 months.
- CEO Mark Newcomer cites confidence in operating results and growth prospects.
- Repurchases may be made in open market or private transactions under Rule 10b-18.
- Program may be suspended, terminated, or modified at any time at management's discretion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1496443/000168316823001651/0001683168-23-001651-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1496443/000168316823001651/paysign_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-001651

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer