Amendment: Lesaka Technologies Inc. filed SEC Form 8-K: Completion of Acquisition or Disposition of Assets, Financial Statements and Exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
Amendment No. 1
CURRENT REPORT
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Explanatory Note
On May 7, 2024, Lesaka Technologies, Inc. ("Lesaka" or the "Company") entered into a Sale and Purchase Agreement (the "Purchase Agreement") with Lesaka Technologies (Proprietary) Limited ("Lesaka SA"), and Crossfin Apis Transactional Solutions (Pty) Ltd and Adumo ESS (Pty) Ltd ("the Sellers"). Pursuant to the Purchase Agreement and subject to its terms and conditions, Lesaka, through its subsidiary, Lesaka SA, agreed to acquire, and the Sellers agreed to sell, all of the outstanding equity interests and certain claims in the Adumo (RF) Proprietary Limited ("Adumo") (the "Acquisition").
On October 2, 2024, Lesaka filed a Current Report on Form 8-K (the "Form 8-K") under Item 2.01 to report the completion of the Acquisition. In response to parts (a) and (b) of Item 9.01 of the Form 8-K, Lesaka stated that it would file the required financial information by amendment, as permitted by Item 9.01. This Form 8-K/A is being filed to provide certain historical financial statements of the business acquired and pro forma financial information.
Item 9.01. Financial Statements and Exhibits.
(a) Financial statements of business acquired.
The following are incorporated herein by reference to the financial statements included in Lesaka's Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange Commission on August 2, 2024:
- the unaudited financial statements of Adumo (RF) Proprietary Limited at March 31, 2024 and for the six months ended March 31, 2024 comprising the unaudited statement of financial position at 31 March 2024, the unaudited statements of profit and loss, other comprehensive income, changes in equity, and cash flows for the six months ended 31 March 2024, and the notes thereto; and
- the audited financial statements of Adumo (RF) Proprietary Limited at September 30, 2023 and for the year ended September 30, 2023 comprising the statement of financial position at 30 September 2023, the statements of profit and loss, other comprehensive income, changes in equity, and cash flows for the year ended 30 September 2023, and the notes thereto.
(b) Pro forma financial information.
The unaudited pro forma condensed combined balance sheet as of June 30, 2024, and unaudited pro forma condensed combined statements of operations for the year ended June 30, 2024, and the notes thereto, reflecting the Acquisition, are incorporated herein by reference to Exhibit 99.2 to this Form 8-K.
(d) Exhibits
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.
| LESAKA TECHNOLOGIES, INC. | ||
| Date: December 2, 2024 | By: | /s/ Dan L. Smith |
| Name: | Dan L. Smith | |
| Title: | Group Chief Financial Officer | |