Deluxe Corp Files 8-K: Material Agreement, Financials
Ticker: DLX · Form: 8-K · Filed: Aug 7, 2025 · CIK: 27996
Sentiment: neutral
Topics: material-agreement, regulation-fd, financials
TL;DR
Deluxe Corp signed a big deal, filed financials. Watch this space.
AI Summary
On August 6, 2025, Deluxe Corporation entered into a material definitive agreement. The filing also includes information regarding Regulation FD disclosure and financial statements and exhibits. The company's principal executive offices are located at 801 S. Marquette Ave., Minneapolis, MN 55402-2807.
Why It Matters
This 8-K filing indicates a significant new agreement for Deluxe Corporation, which could impact its financial performance and strategic direction.
Risk Assessment
Risk Level: medium — The filing indicates a material definitive agreement, which inherently carries some level of risk and uncertainty regarding its impact.
Key Players & Entities
- Deluxe Corporation (company) — Registrant
- August 6, 2025 (date) — Date of earliest event reported
- 801 S. Marquette Ave., Minneapolis, MN 55402-2807 (location) — Address of principal executive offices
- MN (location) — State of incorporation
- 41-0216800 (organization_id) — I.R.S. Employer Identification No.
FAQ
What type of material definitive agreement did Deluxe Corporation enter into?
The filing states that Deluxe Corporation entered into a material definitive agreement, but the specific details of the agreement are not provided in this excerpt.
What is the significance of the Regulation FD disclosure mentioned?
Regulation FD (Fair Disclosure) ensures that material information is disclosed to all investors simultaneously, suggesting that the company may have made a public disclosure of material information.
What are the primary business activities of Deluxe Corporation?
Deluxe Corporation is listed under the Standard Industrial Classification code 2780 for 'BLANKBOOKS, LOOSELEAF BINDERS & BOOKBINDING & RELATED WORK'.
When was the company previously known as Deluxe Check Printers Inc.?
The company's name was changed from Deluxe Check Printers Inc. on June 8, 1988.
What is the fiscal year end for Deluxe Corporation?
The fiscal year end for Deluxe Corporation is December 31st.
Filing Stats: 650 words · 3 min read · ~2 pages · Grade level 11.5 · Accepted 2025-08-07 10:41:34
Key Financial Figures
- $1.00 — h registered Common stock, par value $1.00 per share DLX NYSE Indicate by ch
- $25,000,000 — r in connection with the Transaction is $25,000,000, (i) $12,500,000 of which was paid on t
- $12,500,000 — ith the Transaction is $25,000,000, (i) $12,500,000 of which was paid on the Closing Date,
Filing Documents
- tm2522713d1_8k.htm (8-K) — 27KB
- tm2522713d1_ex99-1.htm (EX-99.1) — 12KB
- 0001104659-25-075071.txt ( ) — 204KB
- dlx-20250806.xsd (EX-101.SCH) — 3KB
- dlx-20250806_lab.xml (EX-101.LAB) — 33KB
- dlx-20250806_pre.xml (EX-101.PRE) — 22KB
- tm2522713d1_8k_htm.xml (XML) — 3KB
01 Entry into a Material Definitive Agreement
Item 1.01 Entry into a Material Definitive Agreement. On August 6, 2025, Deluxe Corporation, a Minnesota corporation (the "Company"), entered into an Asset Purchase Agreement (the "Purchase Agreement") with JPMorgan Chase Bank, National Association, a national bank ("Seller"). Subject to the terms and conditions of the Purchase Agreement, on the date of the Purchase Agreement (the "Closing Date"), the Company acquired certain assets, intellectual property rights and customer contracts of Seller (as more particularly described in the Purchase Agreement, the "Purchased Assets") related to Seller's CheckMatch electronic check conveyance service business, and assumed certain liabilities of Seller related to the Purchased Assets (the "Transaction"). The aggregate purchase price payable to Seller in connection with the Transaction is $25,000,000, (i) $12,500,000 of which was paid on the Closing Date, and (ii) $12,500,000 of which will be paid 180 days following the Closing Date. The Purchase Agreement contains customary representations and warranties, affirmative and negative covenants tailored to the Purchased Assets (including non-competition and non-solicitation covenants), and indemnification provisions. SECTION 7 - REGULATION FD
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. On August 6, 2025, the Company issued a press release announcing the Company's entry into the Purchase Agreement, which press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. Pursuant to General Instruction B.2. to Form 8-K, the information set forth in this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities and Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release of Deluxe Corporation, dated August 6, 2025. 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, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. DELUXE CORPORATION Dated: August 7, 2025 By: /s/ Jeffrey L. Cotter Name: Jeffrey L. Cotter Title: Senior Vice President, Chief Administrative Officer and General Counsel