Payoneer closes de-SPAC merger with FTAC Olympus, begins trading on Nasdaq under PAYO

Payoneer Global Inc.

Closing on June 25, 2021; 338.3M shares outstanding; trading symbol PAYO on Nasdaq as of June 28.
PIPE investors received 30M shares; trust account had $574.5M after $180.3M in redemptions.
Q1 2021 revenue $100.6M, net loss $3.5M; FY2020 revenue $345.6M, net loss $23.7M.
Scott Galit continues as CEO with amended employment agreement; non-compete may extend to 12 months.
Board adopted 2021 Omnibus Incentive Plan (38M shares reserved) and ESPP (7.6M shares).

item 1.01 item 2.01 item 9.01 item 3.02 item 3.03 item 5.01 item 5.02 item 5.03 item 5.06

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Betsy Z. Cohen

Director

PAYO · Payoneer Global Inc.

Filed: July 1, 2021, 7:59 PM ET

At Closing, all incumbent directors and officers of ParentCo, Betsy Z. Cohen, Ryan M. Gilbert, and Amanda Abrams, resigned.

Departed

Ryan M. Gilbert

Director

PAYO · Payoneer Global Inc.

Filed: July 1, 2021, 7:59 PM ET

At Closing, all incumbent directors and officers of ParentCo, Betsy Z. Cohen, Ryan M. Gilbert, and Amanda Abrams, resigned.

Departed

Amanda Abrams

Director

PAYO · Payoneer Global Inc.

Filed: July 1, 2021, 7:59 PM ET

At Closing, all incumbent directors and officers of ParentCo, Betsy Z. Cohen, Ryan M. Gilbert, and Amanda Abrams, resigned.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Betsy Z. Cohen resigned as Director at Payoneer Global Inc..

Action: resigned
Role: Director

Exact text from the filing

At Closing, all incumbent directors and officers of ParentCo, Betsy Z. Cohen, Ryan M. Gilbert, and Amanda Abrams, resigned.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ryan M. Gilbert resigned as Director at Payoneer Global Inc..

Action: resigned
Role: Director

Exact text from the filing

At Closing, all incumbent directors and officers of ParentCo, Betsy Z. Cohen, Ryan M. Gilbert, and Amanda Abrams, resigned.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Amanda Abrams resigned as Director at Payoneer Global Inc..

Action: resigned
Role: Director

Exact text from the filing

At Closing, all incumbent directors and officers of ParentCo, Betsy Z. Cohen, Ryan M. Gilbert, and Amanda Abrams, resigned.

View on SEC.gov

Payoneer Global Inc. filing history →

Source: SEC EDGAR

accession 0001213900-21-035350

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