Cash America International, Inc. (CSH) announced that its wholly-owned subsidiary that comprises its e-commerce segment, Enova International, Inc., filed an amendment to its registration statement on Form S-1, which was originally filed with the U.S. Securities and Exchange Commission on September 15, 2011.
The amendment to Enova's registration statement filed today provides that only Enova plans to sell shares of Enova common stock in the proposed IPO, and that immediately following the IPO, Cash America expects to own approximately 80% or more of Enova.
Enova is a provider of online financial services to alternative credit consumers in the United States, the United Kingdom, Australia and Canada. Enova intends to list its common stock on the New York Stock Exchange under the symbol "ENVA."
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