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Risk Factors" included in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021.
−Removed: There were no material changes to those risk factors during the three months ended December 31, 2021, except that the following risk factor is hereby added:
+Added: There were no material changes to those risk factors during the six months ended March 31, 2022, except that the following risk factor is hereby added:
We are planning to rebrand and the rebranding strategy may not produce the benefits expected, may involve substantial costs and may not be favorably received by our customers.
−Removed: To reflect the evolution and growth of our business, including our corporate mission of financial inclusion for all®, we are planning to rebrand under a name to be determined as part of the rebranding process.
+Added: To reflect the evolution and growth of our business, including our corporate mission of financial inclusion for all®, we are planning to rebrand, with the Company changing its name to Pathward Financial, Inc.
+Added: and the Bank changing to Pathward, N.A.
As previously announced, in connection with the sale of our rights to our current trade names and marks including METABANK and META FINANCIAL GROUP for $60 million, we have agreed to phase out and cease all use of the META marks and names, and change our corporate names by December 7, 2022.
+Added: Accordingly, the full transition to Pathward is expected by the end of this calendar year, including the launch of a new brand identity and website.
Developing and maintaining awareness and integrity of our brand are important to achieving widespread acceptance of our existing and future product and service offerings and attracting new customers.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.