secwatch.observer — SEC 8-K summary
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Issuer:     Paya Holdings Inc. (—)
CIK:        0001819881
Form:       8-K
Filed at:   2023-02-22T23:59:59+00:00
Accession:  0001213900-23-013445
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 1.02, 2.01, 3.01, 3.03, 5.01, 5.02, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Paya Holdings completes merger with Nuvei at $9.75/share; delisting from Nasdaq
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- Tender offer closed with 110,558,939 shares (83.49%) tendered; merger effective Feb 22, 2023.
- Each share not tendered converted to $9.75 cash; vested options and RSUs cashed out.
- All prior directors resigned; new board and officers from Nuvei (Philip Fayer CEO, David Schwartz CFO).
- Company to be delisted from Nasdaq and deregistered under Exchange Act.
- Credit agreement terminated and all advances repaid.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819881/000121390023013445/0001213900-23-013445-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819881/000121390023013445/ea173989-8k_payahold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-013445

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