CPI Card Group Schedules Annual Stockholder Meeting

TL;DR

CPI Card Group's annual meeting is July 25th - time to vote!

AI Summary

CPI Card Group Inc. filed an 8-K on June 24, 2024, to report on an upcoming annual meeting of stockholders. The meeting is scheduled for July 25, 2024, and will include the election of directors and the ratification of the appointment of their independent registered public accounting firm.

Why It Matters

This filing informs shareholders about the upcoming annual meeting where key corporate decisions, including director elections, will be made.

Risk Assessment

Risk Level: low — This is a routine corporate filing announcing a scheduled meeting, with no immediate financial or operational risks indicated.

Key Players & Entities

• CPI Card Group Inc. (company) — Registrant
• July 25, 2024 (date) — Annual Meeting Date
• June 24, 2024 (date) — Filing Date

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value PMTS Nasdaq Global Market
• $285 million — ject to market and other conditions, of $285 million aggregate principal amount of senior se

Filing Documents

• pmts-20240624x8k.htm (8-K) — 36KB
• pmts-20240624xex99d1.htm (EX-99.1) — 18KB
• pmts-20240624xex99d1001.jpg (GRAPHIC) — 9KB
• 0001558370-24-009420.txt ( ) — 188KB
• pmts-20240624.xsd (EX-101.SCH) — 3KB
• pmts-20240624_lab.xml (EX-101.LAB) — 15KB
• pmts-20240624_pre.xml (EX-101.PRE) — 10KB
• pmts-20240624x8k_htm.xml (XML) — 5KB

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. CPI Card Group Inc. (the "Company"), the Issuer (as defined below) and certain of its subsidiaries are currently in negotiations to refinance or extend the Issuer's secured asset based revolving credit facility ("ABL Revolver"). The refinancing or extension is subject to market conditions and there is no assurance that the Issuer will be able to refinance or extend the ABL Revolver.

01 Other Events

Item 8.01 Other Events. On June 24, 2024 the Company issued a press release, made pursuant to Rule 135c promulgated under the Securities Act of 1933, as amended (the "Securities Act"), announcing the commencement of a private offering by its wholly-owned subsidiary, CPI CG Inc. (the "Issuer"), subject to market and other conditions, of $285 million aggregate principal amount of senior secured notes due 2029 (the "Notes"). A copy of the press release is attached hereto as Exhibit 99.1 and incorporated by reference herein. The Issuer intends to use the net proceeds from the offering, together with cash on hand, to redeem all of Issuer's outstanding 8.625% senior secured notes due 2026 (the "2026 Notes") and to pay related fees, premiums and expenses. The Notes and related guarantees will be offered only to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act, or outside the United States to certain non-U.S. persons in compliance with Regulation S under the Securities Act. The issuance and sale of the Notes and related guarantees have not been, and will not be, registered under the Securities Act or the securities laws of any state or other jurisdiction, and the Notes and related guarantees may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and other applicable securities laws. This Current Report on Form 8-K (and the exhibit hereto) shall not constitute an offer to sell or the solicitation of an offer to buy the Notes and related guarantees. Any offers of the Notes and related guarantees will be made only by means of a private offering memorandum, and are not being made to any person in any jurisdiction in which such offer, sale or solicitation is unlawful.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 CPI Card Group, Inc. press release dated June 24, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CPI CARD GROUP, INC. Date: June 24, 2024 By: /s/ Jessica Browne Name: Jessica Browne Title: Acting Chief Legal and Compliance Officer

View Full Filing

View this 8-K filing on SEC EDGAR