SCHEDULE: Forager Capital Amends International Money Express Stake
Beneficial Ownership Report Amendment
Forager Capital Management and affiliated entities have updated their beneficial ownership in International Money Express, Inc. to 2.4%.
Summary
- Forager Capital Management, LLC, Forager Fund, L.P., Edward Kissel, and Robert MacArthur (collectively, the "Reporting Persons") have filed an Amendment No. 2 to their Schedule 13G.
- The Reporting Persons beneficially own an aggregate of 723,965 shares of Common Stock of International Money Express, Inc.
- This ownership represents 2.4% of the Issuer's Common Stock.
- The percentage is based on 29,684,054 shares of Common Stock outstanding as of August 6, 2025, as reported in the Issuer's Quarterly Report on Form 10-Q filed on August 11, 2025.
- Forager Capital Management, LLC and Forager Fund, L.P. each hold sole voting and dispositive power over 723,965 shares.
- Edward Kissel and Robert MacArthur each hold shared voting and dispositive power over 723,965 shares.
Sentiment
Score: 5
Explanation: The filing is a routine disclosure of beneficial ownership and does not contain information that inherently indicates a positive or negative sentiment regarding the issuer's performance or prospects. It simply updates the reported stake.
Positives
- NA
Negatives
- NA
Risks
- NA
Future Outlook
NA
Industry Context
This filing is a routine disclosure of beneficial ownership by an investment firm and does not provide specific insights into broader industry trends or competitive landscape for International Money Express, Inc.
Stakeholder Impact
- Shareholders: Disclosure of a significant institutional investor's stake provides transparency regarding the ownership structure of International Money Express, Inc.
Key Dates
| Date | Description |
|---|---|
| 2025-07-10 | Date of Joint Filing Agreement among reporting persons. |
| 2025-07-11 | Date of previous Schedule 13G/A filing by reporting persons. |
| 2025-08-06 | Date as of which 29,684,054 shares of Common Stock were outstanding, used for percentage calculation. |
| 2025-08-11 | Date Issuer's Quarterly Report on Form 10-Q for Q2 2025 was filed with the SEC. |
| 2025-09-30 | Date of event which requires filing of this statement. |
| 2025-10-14 | Signature date of the Schedule 13G Amendment No. 2. |
Keywords
International Money Express, Forager Capital Management, Beneficial Ownership, Schedule 13G, Common Stock, Investment Management, Equity Holdings
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