---
schema_version: "secwatch.filing_event.v1"
accession: "0000950103-21-011337"
form_type: "8-K"
ticker: "PAYO"
cik: "0001845815"
company_name: "Payoneer Global Inc."
filed_at: "2021-07-28T23:59:59+00:00"
generated_at: "2026-06-30T01:48:16.141353+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Payoneer subsidiary redeems all Series 1 Preferred for ~$40M, extinguishing covenants

## Summary
- Aggregate redemption price of approximately $40 million for all outstanding Series 1 Preferred shares.
- Redemption completed on July 23, 2021 by Payoneer Inc., a subsidiary of Payoneer Global Inc.
- All restrictions and other covenants imposed by the terms of the Series 1 Preferred extinguished.

## SEC filing metadata
- accession: 0000950103-21-011337
- form_type: 8-K
- ticker: PAYO
- cik: 0001845815
- company_name: Payoneer Global Inc.
- filed_at: 2021-07-28T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1845815/000095010321011337/0000950103-21-011337-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1845815/000095010321011337/dp155233_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950103-21-011337
- JSON: https://secwatch.observer/filing/0000950103-21-011337.json
- Plain text: https://secwatch.observer/filing/0000950103-21-011337.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.