Nuvei Enhances Transparency in Going-Private Transaction with Amended Schedule 13E-3 Filing

MONTREAL, June 7, 2024 /PRNewswire/ -- Nuvei Corporation (referred to as Nuvei or the Company), a prominent player in the payment technology landscape, has announced a significant update in its ongoing process of becoming a private entity. Nuvei NVEI, listed on both the Nasdaq and TSX, disclosed the submission of a second amendment to its Schedule 13E-3, associated with the Rule 13e-3 transaction statement. This development is an integral step in the company's trajectory towards privatization and reflects its commitment to adhering to necessary regulatory processes.

An In-depth View of Nuvei's Amendments

The announcement from Nuvei indicates a commitment to regulatory transparency and shareholder communication throughout the complex process of going private. The Schedule 13E-3 amendment provides stakeholders with a more comprehensive understanding of the transaction's specifics, ensuring an informed assessment of the company's strategic move.

Nuvei's Market Presence and Operations

Nuvei Corporation NVEI operates as a global provider of advanced payment technology solutions. With a strategic base in Montreal, Canada, the firm extends its services across diverse regions, including North America, Europe, the Asia Pacific, and Latin America. By addressing the payment needs of merchants and partners worldwide, Nuvei enhances the efficiency of electronic transactions and supports the economic growth of businesses in various sectors.

Nuvei, Amendment, Privatization