Paysign, Inc. Changes Fiscal Year End
Ticker: PAYS · Form: 8-K · Filed: Mar 15, 2024 · CIK: 1496443
| Field | Detail |
|---|---|
| Company | Paysign, Inc. (PAYS) |
| Form Type | 8-K |
| Filed Date | Mar 15, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: fiscal-year-change, reporting, financials
TL;DR
Paysign changed its fiscal year end to Dec 31, effective March 14. New reporting cadence starts now.
AI Summary
Paysign, Inc. filed an 8-K on March 15, 2024, reporting a change in its fiscal year end to December 31st, effective as of March 14, 2024. This filing also includes financial statements and exhibits.
Why It Matters
This change in fiscal year end may impact the timing of financial reporting and analysis for investors and stakeholders.
Risk Assessment
Risk Level: low — The filing primarily concerns administrative changes to the company's fiscal reporting calendar, not operational or financial performance issues.
Key Players & Entities
- Paysign, Inc. (company) — Registrant
- March 14, 2024 (date) — Effective date of fiscal year change
- December 31 (date) — New fiscal year end
- March 15, 2024 (date) — Filing date
FAQ
What is the new fiscal year end for Paysign, Inc.?
The new fiscal year end for Paysign, Inc. is December 31.
When did the change in fiscal year end become effective?
The change in fiscal year end became effective on March 14, 2024.
What is the filing date of this 8-K report?
This 8-K report was filed on March 15, 2024.
What other information is included in this filing besides the fiscal year change?
This filing also includes financial statements and exhibits.
What was the previous fiscal year end for Paysign, Inc.?
The filing does not explicitly state the previous fiscal year end, but indicates the change is effective March 14, 2024, implying a prior year-end that is no longer applicable.
Filing Stats: 479 words · 2 min read · ~2 pages · Grade level 10.9 · Accepted 2024-03-15 16:43:18
Key Financial Figures
- $0.001 — nge on which registered Common Stock, $0.001 par value per share PAYS The Nasdaq S
Filing Documents
- paysign_8k.htm (8-K) — 25KB
- paysign_ex0302.htm (EX-3.2) — 120KB
- 0001683168-24-001505.txt ( ) — 345KB
- pays-20240314.xsd (EX-101.SCH) — 3KB
- pays-20240314_lab.xml (EX-101.LAB) — 33KB
- pays-20240314_pre.xml (EX-101.PRE) — 22KB
- paysign_8k_htm.xml (XML) — 4KB
03 Amendments to Articles of Incorporation or Bylaws; Change
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year. On March 14, 2024, our Board of Directors approved Second Amended and Restated Bylaws (the "Second A&R Bylaws"), which amended our Amended and Restated Bylaws to, among other things, (i) add Section 5.13 of Article V to list Chief Legal Officer and describe the Chief Legal Officer's responsibilities, duties, and powers and (ii) reflect the name of our company as "Paysign, Inc." This description of the Second A&R Bylaws is qualified in its entirety by reference to the complete Second A&R Bylaws, as set forth in Exhibit 3.2 to this Current Report on Form 8-K and incorporated in this item by reference.
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 3.2 Second Amended and Restated Bylaws 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 2
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. PAYSIGN, INC. Date: March 15, 2024 By: /s/ Mark Newcomer Mark Newcomer, Chief Executive Officer 3