Pathward Financial Relocates Principal Executive Offices
Ticker: CASH · Form: 8-K · Filed: Oct 24, 2024 · CIK: 907471
| Field | Detail |
|---|---|
| Company | Pathward Financial, INC. (CASH) |
| Form Type | 8-K |
| Filed Date | Oct 24, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-action, administrative
TL;DR
PATH moved its HQ to Sioux Falls, SD effective Oct 23.
AI Summary
On October 23, 2024, Pathward Financial, Inc. filed an 8-K report. The filing indicates a change in the company's principal executive offices to 5501 South Broadband Lane, Sioux Falls, South Dakota 57108. This move is effective as of October 23, 2024.
Why It Matters
This change in the principal executive offices may signal operational adjustments or strategic growth for Pathward Financial, Inc.
Risk Assessment
Risk Level: low — The filing reports a change of address for the principal executive offices, which is a routine administrative update with no immediate financial implications.
Key Players & Entities
- Pathward Financial, Inc. (company) — Registrant
- 5501 South Broadband Lane, Sioux Falls, South Dakota 57108 (location) — New principal executive offices
- October 23, 2024 (date) — Effective date of office change
FAQ
What is the new address for Pathward Financial, Inc.'s principal executive offices?
The new address for Pathward Financial, Inc.'s principal executive offices is 5501 South Broadband Lane, Sioux Falls, South Dakota 57108.
When did the change in principal executive offices become effective?
The change in principal executive offices became effective on October 23, 2024.
What is the filing date of this 8-K report?
The 8-K report was filed as of October 24, 2024.
What was the previous principal executive office address?
The filing does not explicitly state the previous principal executive office address, only the new one.
Is this filing related to a merger or acquisition?
No, this filing is specifically to report a change in the principal executive offices and does not mention any merger or acquisition activity.
Filing Stats: 803 words · 3 min read · ~3 pages · Grade level 14.1 · Accepted 2024-10-24 08:00:24
Key Financial Figures
- $1,000,000 — ompany a nonrefundable extension fee of $1,000,000 in cash, which will be credited against
Filing Documents
- cash-20241023.htm (8-K) — 26KB
- cash-20241023_g1.jpg (GRAPHIC) — 182KB
- 0000907471-24-000124.txt ( ) — 579KB
- cash-20241023.xsd (EX-101.SCH) — 2KB
- cash-20241023_lab.xml (EX-101.LAB) — 21KB
- cash-20241023_pre.xml (EX-101.PRE) — 12KB
- cash-20241023_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events. On October 23, 2024, Pathward Financial, Inc. (the "Company"), AFS IBEX Financial Services, LLC ("Purchaser") and Honor Capital Holdings, LLC ("Guarantor") agreed to continue to work to consummate the closing of the previously announced sale of the Company's commercial insurance premium finance business to Purchaser through November 1, 2024, notwithstanding the previously announced agreement to close by October 22, 2024. In connection with the agreement to continue towards closing, Purchaser agreed to pay to the Company a nonrefundable extension fee of $1,000,000 in cash, which will be credited against the purchase price paid to the Company at closing. A copy of the related Asset Purchase and Sale Agreement was filed as Exhibit 2.1 to the Company's Current Report on Form 8-K filed on August 29, 2024.
Forward-Looking Statements
Forward-Looking Statements This Current Report contains certain "forward-looking statements" which are made in good faith by the Company pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on information currently available to us and assumptions about future events, and include statements with respect to the Company's beliefs, expectations, estimates, and intentions, which are subject to significant risks and uncertainties, and are subject to change based on various factors, some of which are beyond the Company's control. Among other things, these forward-looking statements include expectations concerning the expected timetable for completing the Transaction. The Company's actual actions or results may differ materially from those expected or anticipated in the forward-looking statements due to both known and unknown risks and uncertainties. Specific factors that might cause such a difference include but are not limited to: uncertainty as to whether the Transaction will be completed in a timely manner or at all; the conditions precedent to completion of the Transaction; and risks of unexpected delays. We caution you not to place undue reliance on these forward-looking statements. The forward-looking statements included in this Current Report speak only as of the date hereof. Except as may be required by law, the Company does not undertake any obligation to make any revisions to the forward-looking statements contained in this Current Report or to update them to reflect events or circumstances occurring after the date of this Current Report. Additional discussions of risk factors affecting the Company's business and prospects are reflected in the Company's filings made with the Securities and Exchange Commission. Unless required by law, the Company expressly disclaims any intent or obligation to update, revise or clarify any forward-looking statements, whether written or oral,