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Payoneer (FTAC Olympus Acquisition) Priced, Nasdaq: PAYO

Blank check company led by SPAC veteran Betsy Cohen and Propel Venture's Ryan Gilbert targeting fintech (completed 6/28/2021).

Industry: SPAC

First Day Return: -0.7%

Industry: SPAC

We are a newly incorporated blank check company. We currently intend to concentrate our efforts on identifying technology and financial services technology, or fintech, companies that power transformation and innovation. Our expertise lends itself well to pursuing platforms related to the financial services, real estate, insurance, ecommerce and related technology infrastructure sectors, but we are not required to complete our initial business combination with a business in these industries and, as a result, we may pursue a business combination outside of these industries. We expect to pursue global businesses but may also acquire a domestic company. We do not intend to acquire companies that have speculative business plans or are excessively leveraged. We will seek to capitalize on the significant technology, financial services, financial technology and banking experience and contacts of Betsy Z. Cohen, our Chairman of the Board, Ryan Gilbert, our President and Chief Executive Officer, and Shami Patel, our Chief Operating Officer, and our board of directors, to identify, evaluate and acquire a technology or fintech business, although we may pursue a business combination outside of those industries.
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Payoneer (FTAC Olympus Acquisition) (PAYO) Performance