Pomerantz LLP Investigates Securities Fraud Claims Against Lesaka Technologies.

• Pomerantz LLP investigating claims against Lesaka Technologies for potential securities fraud.

• Unaudited financial statements for Q4 2024 and Q1 2025 included in Form 10-Q filings.

• Audit Committee concluded that financial statements contained misstatements.

• Lesaka Technologies' Board of Directors formed an audit committee to investigate.

• Investigation concerns potential unlawful business practices by Lesaka and its officers/directors.

• Investors advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980.

New York, September 12, 2025 — Pomerantz LLP, a leading firm in corporate, securities, and antitrust class litigation, has initiated an investigation into claims on behalf of investors of Lesaka Technologies, Inc. (NASDAQ: LSAK). The investigation, announced on October 13, 2025, in a PR Newswire release, focuses on whether Lesaka and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.

Lesaka Technologies, a technology company, recently disclosed in a filing with the U.S. Securities and Exchange Commission (SEC) that its unaudited condensed consolidated financial statements for the quarters ended September 30, 2024, December 31, 2024, and March 31, 2025, included in the Company's Quarterly Reports on Form 10-Q, should be restated. The Audit Committee of Lesaka's Board of Directors concluded that the financial statements contained misstatements due to the re-evaluation of the classification of certain revenue that had been reported as an agent rather than as principal, and related cost of goods sold. This disclosure led to a significant drop in Lesaka's stock price, falling $0.48 per share, or 10.15%, to close at $4.25 per share on September 11, 2025.

Investors who believe they may have been affected by these potential misstatements are advised to contact Danielle Peyton at [email protected] or 646-581-9980, ext. 7980. Pomerantz LLP, with offices in New York, Chicago, Los Angeles, London, Paris, and Tel Aviv, has a history of recovering multimillion-dollar damages awards on behalf of class members. The firm's founder, Abraham L. Pomerantz, is known as the dean of the class action bar and pioneered the field of securities class actions.

The investigation by Pomerantz LLP is ongoing, and further developments may be reported as the case progresses. Investors are encouraged to stay informed about any updates and to seek legal advice if they have concerns about their investments.

References

PR Newswire release: https://www.prnewswire.com/news-releases/investor-alert-pomerantz-law-firm-investigates-claims-on-behalf-of-investors-of-lesaka-technologies-inc---lsak-302582229.html