INTERNATIONAL MONEY EXPRESS, INC. (NASDAQ: IMXI) Files An 8-K Entry into a Material Definitive AgreementItem 1.01.
Entry into a Material Definitive Agreement.
On December 7, 2018, International Money Express, Inc. (the “Company”) entered into Amendment No. 1 (“Amendment No. 1”) to the Credit Agreement, dated as of November 7, 2018, with, among others, certain of its domestic subsidiaries, KeyBank National Association as administrative agent and a group of banking institutions as lenders. Amendment No. 1 permits revolving credit loans at the one-month LIBOR rate with one day interest periods.
The foregoing description of Amendment No. 1 is qualified in its entirety by reference to the actual terms of the agreement. A copy of Amendment No. 1 is attached as Exhibit 10.1 hereto, and is incorporated by reference herein.
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Item 4.01. |
Changes in Registrant’s Certifying Accountant. |
On December 6, 2018, the audit committee of the board of directors of the Company dismissed WithumSmith+Brown, PC (“Withum”). Withum’s reports on FinTech Acquisition Corp. II’s financial statements as of and for the years ended December 31, 2017 and 2016 did not contain any adverse opinion or disclaimer or opinion, and was not qualified or modified as to uncertainty, audit scope or accounting principles, except that such audit report contained an explanatory paragraph in which Withum expressed substantial doubt as to FinTech Acquisition Corp. II’s ability to continue as a going concern if it did not complete a business combination by January 25, 2019. For the years ended December 31, 2017 and 2016 and the interim period from January 1, 2018 through December 6, 2018, there were no disagreements between the registrant and Withum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which such disagreements, if not resolved to the satisfaction of Withum, would have caused Withum to make reference to the subject matter of such disagreements in connection with its reports. For the years ended December 31, 2017 and 2016 and the interim period from January 1, 2018 through December 6, 2018, there were no “reportable events” (defined below) requiring disclosure to Item 304(a)(1)(v) of Regulation S-K. As used herein, the term “reportable event” means any of the items listed in paragraphs (a)(1)(v)(A)-(D) of Item 304 of Regulation S-K.
The registrant has provided Withum a copy of this report prior to the filing hereof and has requested that Withum furnish to the registrant a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the registrant in this Current Report on Form 8-K. Withum has furnished such letter, which letter is filed as Exhibit 16.1 hereto, and is incorporated by reference herein.
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Item 9.01. |
Financial Statements and Exhibits. |
(d) Exhibits
The exhibits filed as part of this Current Report on Form 8-K are listed in the index to exhibits immediately preceding the page to this Current Report on Form 8-K, which index to exhibits is incorporated herein by reference.
EXHIBIT INDEX
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Exhibit No. |
Description |
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Amendment No. 1 to Credit Agreement, dated as of December 7, 2018, by and among International Money Express, Inc., as Holdings, International Money Express Sub 2, LLC, as Intermediate Holdings, Intermex Holdings, Inc., as the Term Borrower, Intermex Wire Transfer, LLC, as the Revolving Borrower, the other guarantors from time to time party thereto, the lenders from time to time party thereto and KeyBank National Association, as the Administrative Agent. |
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Letter, dated as of December 10, 2018, from WithumSmith+Brown, PC to the Securities and Exchange Commission. |
International Money Express, Inc. ExhibitEX-10.1 2 ex10_1.htm EXHIBIT 10.1 Exhibit 10.1 AMENDMENT NO. 1 TO CREDIT AGREEMENT AMENDMENT NO. 1,…To view the full exhibit click here
