EEFT Euronet Worldwide Inc

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549 

 

Form 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 4, 2024

 

EURONET WORLDWIDE INC

(Exact name of registrant as specified in its charter)

 

Delaware		001-31648		74-2806888
(State or other jurisdiction of incorporation or organization)		(Commission file number)		(I.R.S. Employer Identification No.)

 

11400 Tomahawk Creek Parkway, Suite 300
Leawood, Kansas		66211
(Address of principal executive offices)		(Zip Code)

 

(913) 327-4200

(Registrant's telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

  

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		EEFT		Nasdaq Global Select Market
1.375% Senior Notes due 2026		EEFT26		Nasdaq Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

   

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On December 4, 2024, the Board of Directors (the “Board”) of Euronet Worldwide, Inc. (the “Company”) increased the size of the board from ten to eleven directors, and appointed Mr. Brad Sprong to the Board. Mr. Sprong will initially not be appointed to any committee of the Board. Mr. Sprong will be provided with the Company’s standard non-employee director compensation and director indemnification agreement.

 

A press release announcing the election of Mr. Sprong is filed as Exhibit 99.1 and is incorporated herein in its entirety.

  

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit
Number		Description
99.1		Press Release of Euronet Worldwide, Inc. dated December 6, 2024
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

  

 

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.

 

	Euronet Worldwide, Inc.
	By:	/s/ Adam Godderz
		Adam Godderz
		General Counsel and Secretary

 

Date: December 17, 2024

 

 

2

Exhibit 99.1

 

 

PRESS RELEASE

 

Euronet Announces Appointment

of Brad Sprong to Its Board of Directors

 

LEAWOOD, Kan. (December 6, 2024) – Euronet (NASDAQ: EEFT), a leading global financial technology solutions and payments provider, today announced the appointment of Brad Sprong to the Euronet Board of Directors effective December 4, 2024. His appointment increases the size of the board from 10 to 11 members.

 

“On behalf of the Board of Directors, I am very pleased to announce the appointment of Brad Sprong to our board,” said Michael J. Brown, Euronet’s Chairman and Chief Executive Officer. “His extensive financial experience will supplement and expand the skill sets of our current directors and provide valuable insight and guidance for our company’s future, as well as complement our commitment to board refreshment.”

 

Mr. Sprong recently retired from a 38-year-long career at KPMG, where he most recently served as Managing Partner, National Private Enterprise division. During his time with KPMG, Mr. Sprong guided many of the firm’s clients across a variety of industries through various transformations, regulatory changes, turnarounds and periods of rapid growth. Mr. Sprong holds a Bachelor of Science degree from William Jewell College in Liberty, Missouri.

 

Euronet Global Headquarters 11400 Tomahawk Creek Parkway • Suite 300 • Leawood, KS • USA T: +1-913-327-4200 • F: +1-913-327-4120 • W: www.euronetworldwide.com

 

 

Page 2 of 2

 

About Euronet   Starting in Central Europe in 1994 and growing to a global real-time digital and cash payments network with millions of touchpoints today, Euronet now moves money in all the ways consumers and businesses depend upon. This includes money transfers, credit/debit processing, ATMs, point-of-sale services, branded payments, currency exchange and more. With products and services in more than 200 countries and territories provided through its own brand and branded business segments, Euronet and its financial technologies and networks make participation in the global economy easier, faster and more secure for everyone.

 

A leading global financial technology solutions and payments provider, Euronet has developed an extensive global payment network that includes 55,292 installed ATMs, approximately 949,000 EFT POS terminals and a growing portfolio of outsourced debit and credit card services which are under management in 67 countries; card software solutions; a prepaid processing network of approximately 766,000 POS terminals at approximately 348,000 retailer locations in 64 countries; and a global money transfer network of approximately 595,000 locations serving 198 countries and territories. Euronet serves clients from its corporate headquarters in Leawood, Kansas, USA, and 67 worldwide offices. For more information, please visit the company’s website at www.euronetworldwide.com.

  

Euronet Contact

 

Stephanie Taylor

Director of Financial Planning and Investor Relations

+1-913-327-4200

  

Euronet Global Headquarters T: +1-913-327-4200 • F: +1-913-327-4120 W: www.euronetworldwide.com

 

 

 

v3.24.4

Cover	Dec. 04, 2024
Document Type	8-K
Amendment Flag	false
Document Period End Date	Dec. 04, 2024
Entity File Number	001-31648
Entity Registrant Name	EURONET WORLDWIDE INC
Entity Central Index Key	0001029199
Entity Tax Identification Number	74-2806888
Entity Incorporation, State or Country Code	DE
Entity Address, Address Line One	11400 Tomahawk Creek Parkway
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Leawood
Entity Address, State or Province	KS
Entity Address, Postal Zip Code	66211
City Area Code	913
Local Phone Number	327-4200
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Entity Emerging Growth Company	false
Common Stock [Member]
Title of 12(b) Security	Common Stock
Trading Symbol	EEFT
Security Exchange Name	NASDAQ
1.375% Senior Notes due 2026
Title of 12(b) Security	1.375% Senior Notes due 2026
Trading Symbol	EEFT26
Security Exchange Name	NASDAQ

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