Payoneer Global Inc. announced that its stockholders have approved the proposed merger with Nuvei at a special meeting held on September 14, 2026. This approval is a critical step towards the completion of the acquisition, which will result in Payoneer becoming a wholly owned subsidiary of Nuvei.
Key Details
- Merger Approval: The proposal to adopt the Agreement and Plan of Merger, dated June 12, 2026, was approved with 224,985,441 shares voted in favor.
- Executive Compensation: A separate, non-binding advisory proposal to approve merger-related compensation for named executive officers was also approved by stockholders.
- Record Date: As of the record date, there were 338,850,836 shares of common stock entitled to vote at the special meeting.