Lesaka completes the acquisition of Recharger
Lesaka Technologies, Inc. (LSAK)
Company Research
Source: GlobeNewswire
JOHANNESBURG, March 05, 2025 (GLOBE NEWSWIRE) -- Lesaka Technologies, Inc. (“Lesaka” or the “Company”) (Nasdaq: LSAK; JSE: LSK) today announced the completion of the acquisition of Recharger (Pty) Ltd (“Recharger”) on March 3, 2025. The purchase consideration of ZAR 507 million ($27 million) comprises ZAR 332 million ($18 million) in cash and ZAR 175 million ($9 million) in shares of Lesaka common stock, to be settled in two tranches. Lesaka extended a ZAR 43 million ($2 million) loan to Recharger at closing which was exclusively used to repay an existing loan due by Recharger to the seller. The first tranche, comprising ZAR 153 million ($8 million) in cash and 1,092,361 shares of Lesaka’s common stock with a value of ZAR 98 million ($5 million), was settled at closing. The second and final tranche will comprise a cash payment of ZAR 175 million ($9 million) and shares of Lesaka’s common stock with a value of ZAR 75 million ($4 million) and is due on March 3, 2026. This acquisiti
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LSAK
News
- Group CFO & Director of Lesaka Technologies Picks Up 7.4% More Stock [Yahoo! Finance]Yahoo! Finance
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- Lesaka’s Q1 FY2026 Results: Lesaka achieves Q1 FY2026 guidance and reaffirms FY2026 outlookGlobeNewswire
- LESAKA INVESTIGATION ALERT: Bragar Eagel & Squire, P.C Continues Investigation into Lesaka Technologies, Inc. on Behalf of Lesaka Stockholders and Encourages Investors to Contact the FirmGlobeNewswire
LSAK
Earnings
- 11/5/25 - Beat
LSAK
Sec Filings
- 12/11/25 - Form 4
- 12/9/25 - Form 4
- 12/8/25 - Form 8-K
- LSAK's page on the SEC website