Payoneer Global (PAYO) Proxy filing summary

Executive summary

• Nuvei announced a definitive agreement to acquire Payoneer for $2.75 billion, aiming to create a leading global platform for local and cross-border commerce.

• The combined entity is expected to generate approximately $3 billion in annual revenue and process over $500 billion in annual payment volume, serving more than 2.4 million customers across 190+ countries.

• The merger brings together complementary capabilities: Nuvei's strengths in money-in and Payoneer's expertise in money-out, multi-currency balances, and cross-border payouts.

• The transaction is positioned as a strategic move to offer businesses a comprehensive platform for payments, treasury, FX, and embedded financial services at scale.

• Forward-looking statements highlight anticipated benefits but also note risks and uncertainties related to regulatory approvals, shareholder votes, and integration.

Voting matters and shareholder proposals

• Stockholder approval is required for the transaction, with a proxy statement to be filed and distributed to shareholders for voting.

• The proxy statement will include information on the transaction and related matters, and investors are urged to review it when available.

Board of directors and corporate governance

• Information about directors, executive officers, and their stock ownership is available in the company's annual and proxy filings.

• Additional details on board independence and governance practices will be included in the proxy statement for the transaction.