---
schema_version: "secwatch.filing_event.v1"
accession: "0001711291-23-000085"
form_type: "8-K"
ticker: null
cik: "0001711291"
company_name: "CURO Group Holdings Corp."
filed_at: "2023-09-05T23:59:59+00:00"
generated_at: "2026-06-11T00:03:37.768824+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CURO completes sale of Flexiti for C$55M; receives C$39M net at close

## Summary
- Sale of FLX Holdings (Flexiti) to Questrade Financial closed Aug 31, 2023; net proceeds of ~C$39M received.
- Expected additional C$25-30M in late 2023 and up to C$4M in later periods per agreement.
- Robert Hurzeler (CEO of Flagship Credit Acceptance) appointed to Board effective Sept 1, 2023; granted 48,543 RSUs.
- Updated Q3 2023 outlook ex-Flexiti: revenue $165-170M, EOP receivables $1.23-1.28B, net charge-offs 17.0-19.5%.

## SEC filing metadata
- accession: 0001711291-23-000085
- form_type: 8-K
- cik: 0001711291
- company_name: CURO Group Holdings Corp.
- filed_at: 2023-09-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.01, 9.01, 5.02, 7.01, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1711291/000171129123000085/0001711291-23-000085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1711291/000171129123000085/curo-20230831.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001711291-23-000085
- JSON: https://secwatch.observer/filing/0001711291-23-000085.json
- Plain text: https://secwatch.observer/filing/0001711291-23-000085.txt

## Key facts
- Executive change
  Robert Hurzeler was appointed as Director at CURO Group Holdings Corp..
  - Action: appointed
  - Role: Director
  source text: Robert Hurzeler has been appointed to a newly-created position on the Board, with a term expiring at the Company’s annual meeting of stockholders to be held in 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711291/000171129123000085/0001711291-23-000085-index.htm
- M&A Transactions
  CURO Group Holdings Corp. completed a disposition involving Questrade Financial Group Inc. for purchase price of approximately C$55 million, subject to an adjustment based on Flexiti’s tangible book value and certain other adjustments (closed 2023-08-31).
  - Action: disposition
  - Counterparty: Questrade Financial Group Inc.
  - Consideration: purchase price of approximately C$55 million, subject to an adjustment based on Flexiti’s tangible book value and certain other adjustments
  - Closing: 2023-08-31
  source text: equity interests of FLX Holding Corp. (“Flexiti”), which constitutes the entirety of the Company’s Canada point-of-sale lending segment, for a purchase price of approximately C$55 million, subject to an adjustment based on Flexiti’s tangible book value and certain other adjustments (the “Divestiture”). The Disposition closed on August 31, 2023. In connection with
  evidence_url: https://www.sec.gov/Archives/edgar/data/1711291/000171129123000085/0001711291-23-000085-index.htm

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