Shift4 to acquire SpotOn's sports & entertainment assets (Appetize) for $100M cash

Shift4 Payments, Inc.

Acquisition of assets from SpotOn's sports and entertainment division (Appetize) for approximately $100 million all-cash.
Shift4 will assume customer relationships, certain technology assets, and a portion of SpotOn employees.
Company expects immaterial financial contribution in 2023; contribution to increase in 2024 as models align.
Shift4 reaffirms FY2023 guidance provided on August 3, 2023 Q2 earnings call.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.