secwatch.observer — SEC 8-K summary
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Issuer:     Payoneer Global Inc. (PAYO)
CIK:        0001845815
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0000950103-21-011337
Event type: debt
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1845815/000095010321011337/0000950103-21-011337-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1845815/000095010321011337/dp155233_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950103-21-011337

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