Paysign, Inc. 8-K Filing
Ticker: PAYS · Form: 8-K · Filed: Sep 16, 2025 · CIK: 1496443
| Field | Detail |
|---|---|
| Company | Paysign, Inc. (PAYS) |
| Form Type | 8-K |
| Filed Date | Sep 16, 2025 |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
FAQ
What type of filing is this?
This is a 8-K filing submitted by Paysign, Inc. (ticker: PAYS) to the SEC on Sep 16, 2025.
What are the key financial figures in this filing?
Key dollar amounts include: $0.001 (nge on which registered Common Stock, $0.001 par value per share PAYS The Nasdaq S).
How long is this filing?
Paysign, Inc.'s 8-K filing is 3 pages with approximately 927 words. Estimated reading time is 4 minutes.
Where can I view the full 8-K filing?
The complete filing is available on SEC EDGAR. You can also read the AI-decoded analysis with risk assessment and key highlights on ReadTheFiling.
Filing Stats: 927 words · 4 min read · ~3 pages · Grade level 9.8 · Accepted 2025-09-15 21:01:05
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) — 27KB
- paysign_ex9901.htm (EX-99.1) — 21KB
- paysign_ex9902.htm (EX-99.2) — 177KB
- paysign_ex9903.htm (EX-99.3) — 19KB
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- 0001683168-25-007009.txt ( ) — 27418KB
- pays-20250915.xsd (EX-101.SCH) — 3KB
- pays-20250915_lab.xml (EX-101.LAB) — 33KB
- pays-20250915_pre.xml (EX-101.PRE) — 22KB
- paysign_8k_htm.xml (XML) — 3KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On November 25, 2024, Paysign, in its capacity as a nominal defendant, entered into a Stipulation and Agreement of Settlement (the "Stipulation") to resolve previously-reported stockholder derivative actions (the "Derivative Actions") pending in the United States District Court for the District of Nevada (the "Court"). The derivative actions consist of the actions entitled Toczek v. Newcomer, et al ., D. Nev. Case No. 2:20-cv-01722-JCM-NJK; Gray v. Attinger, et al ., D. Nev. Case No. 2:22-cv-00735-GMN-VCF; Blanchette v. Paysign, Inc., et al ., D. Nev. Case No. 2:23-cv-01632-JCM-BNW; and Jeewa v. Newcomer, et al ., D. Nev. Case No. 2:23-cv-02129-RFB-EJY. Collectively, the derivative actions alleged violations of Sections 10(b) and 14(a) of the Exchange Act, breaches of fiduciary duty, unjust enrichment, and waste. A complete description of the litigation and the proposed settlement is set forth in the Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions, a copy of which is attached hereto as Exhibit 99.1 and incorporated herein by reference. On December 6, 2024, plaintiffs in the aforesaid actions filed a Motion for Preliminary Approval of Derivative Settlement. On August 28, 2025, the Court scheduled a final approval hearing for the settlement, which will take place on November 14, 2025 at 1:00 p.m., at which time the Court will determine, among other things, whether the terms of the Stipulation should be approved as fair, reasonable, and adequate and consider any objections to the settlement. Upon final approval by the Court, the Stipulation will provide a release of all claims arising out of the allegations in the Derivative Actions and will result in the dismissal of the Derivative Actions with prejudice upon the terms and subject to the conditions set forth in the Stipulation. The proposed settlement also requires the Company to adopt and maintain certain corporate governance reforms and procedures,
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions 99.2 Stipulation and Agreement of Settlement 99.3 Press Release entitled "Paysign, Inc. Announces Summary Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions" 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: September 15, 2025 By: /s/ Mark Newcomer Mark Newcomer, President and Chief Executive Officer 3