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Mergers & AcquisitionsMediumUpdated•Originally published 4 September 2026•Updated 4 September 2026•
2 min read

Payoneer Closes at $7.18 Ahead of Vote on Nuvei’s $7.40 Offer

Key Facts

1PAYO closed on September 3 at a 52-week high of $7.18.
2Nuvei’s agreement offers approximately $2.75 billion in total and $7.40 per share in cash.
3The spread to the offer was $0.22, or about 3.1%, based on the September 3 close.
4The shareholder vote is scheduled for September 14, while the company expects closing in mid-2027.

Payoneer Global (PAYO) closed on September 3 at $7.18, marking a 52-week high. The same price was also the session high, according to available market data.

Nuvei and Payoneer announced on June 15 that they had entered into a definitive agreement under which Nuvei would acquire all outstanding Payoneer shares for $7.40 per share in cash. The transaction has an approximate total equity value of $2.75 billion.

The $7.40 offer represents a 44% premium to the June 8 close, the last full closing price before media reports of acquisition talks. Against the September 3 close of $7.18, the offer left a spread of $0.22, or about 3.1%.

Payoneer: deal spread and timeline

$0.22 separates the close from Nuvei's cash offer

Payoneer: deal spread and timeline — $0.22 separates the close from Nuvei's cash offer
The stock closed at $7.18 against a $7.40 offer, leaving a spread of about 3.1%. The timeline shows that the shareholder vote, approvals and closing conditions remain; the bid is not a guaranteed price floor.Nuvei / Payoneer / SEC • through September 3, 2026

U.S. authorities granted early termination of the Hart-Scott-Rodino waiting period on July 28, but the transaction remains subject to other regulatory approvals and customary closing conditions. Payoneer says closing is expected in mid-2027.

The next step is Payoneer’s virtual special shareholder meeting on September 14 at 9:00 a.m. Eastern Time. Adoption of the merger agreement requires approval from holders of a majority of the voting power of outstanding shares entitled to vote.

If the transaction closes, Payoneer will become a wholly owned Nuvei subsidiary and its shares will be delisted from Nasdaq. Eligible shares will receive $7.40 in cash without interest; the stock’s discount to the offer reflects the remaining time and closing risk, so the bid does not create a guaranteed price floor.