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 milli
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News
- Lesaka – Availability of materials for March 31, 2025 Investor Day [Yahoo! Finance]Yahoo! Finance
- Lesaka – Availability of materials for March 31, 2025 Investor DayGlobeNewswire
- Lesaka completes the acquisition of Recharger [Yahoo! Finance]Yahoo! Finance
- Lesaka to Host an Investor Day on March 31, 2025 [Yahoo! Finance]Yahoo! Finance
- Lesaka to Host an Investor Day on March 31, 2025GlobeNewswire
LSAK
Earnings
- 2/5/25 - Miss
LSAK
Sec Filings
- 4/2/25 - Form 4
- 3/31/25 - Form 4
- 3/27/25 - Form 4
- LSAK's page on the SEC website