Voss Capital, LP has reduced its stake in International Money Express Inc by 383,603 shares, trading at $14.54 per share. This move reflects a -19.69% change in the firm's holdings of the stock, impacting its portfolio position in IMXI to 1.57% and the stock's position in the firm's holdings to 5.30%. IMXI is undervalued, with a GF Value of $23.84 compared to its current price of $14.50.
Voss Capital LP has recently reduced its stake in International Money Express Inc. (IMXI) by 383,603 shares, trading at $14.54 per share. This move reflects a -19.69% change in the firm's holdings of the stock, impacting its portfolio position in IMXI to 1.57% and the stock's position in the firm's holdings to 5.30%. IMXI is currently undervalued, with a GF Value of $23.84 compared to its current price of $14.50.
The reduction in Voss Capital's stake in IMXI was reported in a recent Schedule 13D/A filing [1]. The filing shows that Voss Capital and its affiliated entities held 1,564,251 shares of IMXI as of August 6, 2025. This represents a 5.3% beneficial ownership stake in the company. The filing also details the aggregate purchase prices for each reporting fund and clarifies voting and dispositive power, with Voss entities exercising sole control over the majority of the position.
The reduction in holdings by Voss Capital LP is significant, as it impacts both the firm's overall portfolio and the stock's position within it. The move comes amid a period of market volatility and reflects a strategic decision by the investment manager. However, the filing does not indicate any specific intentions or plans that could affect corporate control.
For governance considerations, the filing highlights a concentrated ownership position and sole dispositive power for most shares. This could warrant attention from the company and other shareholders, even though no specific intentions or proposals are stated.
References:
[1] https://www.stocktitan.net/sec-filings/IMXI/schedule-13d-a-international-money-express-inc-sec-filing-0d0c1a71fcc1.html
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