IBEX Ltd Files 8-K: Regulation FD Disclosure
Ticker: IBEX · Form: 8-K · Filed: Jan 13, 2025 · CIK: 1720420
| Field | Detail |
|---|---|
| Company | Ibex LTD (IBEX) |
| Form Type | 8-K |
| Filed Date | Jan 13, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $70 m, $45 million, $25 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: disclosure, regulation-fd
TL;DR
IBEX Ltd filed an 8-K for Reg FD disclosure on Jan 9.
AI Summary
IBEX Limited filed an 8-K on January 13, 2025, reporting an event on January 9, 2025. The filing is categorized under Regulation FD Disclosure. The company, incorporated in Bermuda, has its principal executive offices in Washington, D.C.
Why It Matters
This filing indicates IBEX Limited is making a disclosure under Regulation FD, which ensures fair and timely dissemination of material information to the public.
Risk Assessment
Risk Level: low — The filing is a standard disclosure and does not appear to contain immediate negative or positive financial news.
Key Numbers
- 001-38442 — SEC File Number (Identifies the company's filings with the SEC.)
Key Players & Entities
- IBEX Ltd (company) — Registrant
- January 9, 2025 (date) — Earliest event date
- January 13, 2025 (date) — Filing date
- Regulation FD (regulation) — Disclosure type
- Bermuda (jurisdiction) — State of incorporation
- Washington, District of Columbia (location) — Principal executive offices
FAQ
What specific information is being disclosed under Regulation FD?
The filing does not specify the exact nature of the Regulation FD disclosure, only that it is being made.
What is the significance of the 'Date of earliest event reported' being January 9, 2025?
This date indicates the earliest event that triggered the need for this 8-K filing.
Where are IBEX Ltd's principal executive offices located?
IBEX Ltd's principal executive offices are located at 1717 Pennsylvania Avenue NW, Suite 825, Washington, District of Columbia 20006.
What is the company's state of incorporation?
IBEX Ltd is incorporated in Bermuda.
What is the SEC file number for IBEX Ltd?
The SEC file number for IBEX Ltd is 001-38442.
Filing Stats: 506 words · 2 min read · ~2 pages · Grade level 13.3 · Accepted 2025-01-13 11:38:12
Key Financial Figures
- $0.0001 — Registered Common shares, par value of $0.0001 IBEX Nasdaq Global Market Indicate by
- $70 m — the Company, for an aggregate price of $70 million, of which $45 million was paid in
- $45 million — ggregate price of $70 million, of which $45 million was paid in cash and $25 million was pa
- $25 million — which $45 million was paid in cash and $25 million was paid in the form of a convertible p
Filing Documents
- ibex-20250109.htm (8-K) — 24KB
- 0001720420-25-000004.txt ( ) — 151KB
- ibex-20250109.xsd (EX-101.SCH) — 2KB
- ibex-20250109_lab.xml (EX-101.LAB) — 23KB
- ibex-20250109_pre.xml (EX-101.PRE) — 13KB
- ibex-20250109_htm.xml (XML) — 3KB
01. Regulation FD Disclosure
Item 7.01. Regulation FD Disclosure. As previously disclosed, on November 19, 2024 (the "Closing Date"), IBEX Limited (the "Company") entered into a purchase agreement with The Resource Group International Limited, an exempted company incorporated in Bermuda ("TRGI"), pursuant to which the Company purchased from TRGI 3,562,341 issued and outstanding common shares, par value $0.0001 per share, of the Company, for an aggregate price of $70 million, of which $45 million was paid in cash and $25 million was paid in the form of a convertible promissory note (the "Seller Note"), issued by the Company to TRGI on the Closing Date. On January 9, 2025, Company paid in full the Seller Note using proceeds from its lines of credit with HSBC Bank USA, National Association, and HSBC Bank Middle East Limited, and the Seller Note was terminated pursuant to its terms.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. IBEX LIMITED (Registrant) Date: January 13, 2025 /s/ Robert Dechant (Signature) Name: Robert Dechant Title: Chief Executive Officer