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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Payfare
Payfare (PAY) investor relations material
Payfare has been acquired
Payfare Investor update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Investor update summary21 Feb, 2025
Meeting organization and quorum
Special meeting was properly called in accordance with legal and regulatory requirements.
Quorum was established with 67 shareholders by proxy and at least two in person, representing 71.06% of outstanding shares.
Voting was restricted to registered shareholders and duly appointed proxy holders.
Plan of arrangement and voting procedures
The meeting's main purpose was to consider and approve a special resolution for a plan of arrangement involving Payfare Inc., Fiserv, Inc., and 1517452 B.C. Ltd.
Approval required a two-thirds majority of votes cast and a simple majority excluding certain related parties, per Multilateral Instrument 61-101.
Voting was conducted electronically, with clear instructions provided for participation and question submission.
Voting results and conclusion
The special resolution was approved, with 83.3% of votes cast in favor and 80.3% in favor after excluding related parties.
No further business was raised, and the meeting was formally concluded.
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Frequently asked questions
Payfare Inc. is a financial technology company that provides digital banking and payment solutions for the gig economy. The company partners with on-demand platforms to offer gig workers instant access to their earnings through mobile banking apps and prepaid cards. Payfare's services are designed to improve financial inclusion by providing gig workers with tools for managing their income, including real-time payment deposits, rewards programs, and access to financial services without the need for traditional banking. The company supports workers in industries such as ridesharing, food delivery, and freelance services. The company is headquartered in Toronto, Ontario, and its shares are listed on the TSX.