Mergers & Acquisitions ·
Payoneer Global Inc. filed this current report to supplement its definitive proxy statement regarding a proposed…
PAYOPayoneer Global Inc.
Payoneer Global Inc. filed this current report to supplement its definitive proxy statement regarding a proposed merger with Nuvei Parent Inc., following litigation from stockholders alleging material omissions in the Proxy Statement. The filing discloses that two lawsuits, Kevin Turner v. Payoneer Global Inc. and John Clark vs. Payoneer Global Inc., were filed in August 2026 seeking to enjoin the Merger due to alleged misrepresentations. To address these claims without admitting merit, Payoneer voluntarily supplemented disclosures concerning the independence of its Advisory Committee member Christopher Marshall, conflicts involving legal counsel Davis Polk representing Nuvei Parent, and updated financial analyses by Qatalyst Partners including comparable company multiples and recent transaction data. The Merger is scheduled for a stockholder vote on September 14, 2026. Payoneer operates in the global payments technology industry, providing cross-border payment solutions for businesses.