Shareholder Alert: Ademi LLP investigates whether Payoneer Global Inc. is obtaining a Fair Price for Public Shareholders

Ademi LLP is investigating Payoneer (NASDAQ: PAYO) for possible breaches of fiduciary duty and other violations of law in its recently announced transaction with Nuvei. Payoneer stockholders will receive $7.40 per share in cash, representing a total transaction equity value of approximately $2.75 billion. Payoneer insiders will receive substantial benefits as part of change of control arrangements. The transaction agreement unreasonably limits competing transactions for Payoneer by imposing a significant penalty if Payoneer accepts a competing bid. We are investigating the conduct of the Payoneer board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.