---
schema_version: "secwatch.filing_event.v1"
accession: "0001728688-25-000081"
form_type: "8-K"
ticker: "IIIV"
cik: "0001728688"
company_name: "i3 Verticals, Inc."
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T13:03:29.745722+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# i3 Verticals sells healthcare RCM business to Infinx for $96M cash; focuses on public sector

## Summary
- Divested healthcare RCM business for $96 million all-cash, subject to post-closing adjustments.
- RCM business represented ~83% of Healthcare Segment revenues for calendar year 2024.
- Company will streamline to focus on Public Sector vertical, including K-12 education.
- Credit agreement amended; revolving line of credit reduced from $450M to $400M.
- Deal closed contemporaneously with signing on May 5, 2025.

## SEC filing metadata
- accession: 0001728688-25-000081
- form_type: 8-K
- ticker: IIIV
- cik: 0001728688
- company_name: i3 Verticals, Inc.
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1728688/000172868825000081/0001728688-25-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1728688/000172868825000081/iiiv-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001728688-25-000081
- JSON: https://secwatch.observer/filing/0001728688-25-000081.json
- Plain text: https://secwatch.observer/filing/0001728688-25-000081.txt

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