Business Context and Reporting Period
Payoneer Global Inc. filed this Form 8-K regarding its annual meeting of stockholders held on June 14, 2022. The report was signed and dated June 15, 2022. The company is incorporated in Delaware and its Class A common stock trades on Nasdaq under “PAYO”; its warrants trade under “PAYOW.”
Financial and Operating Metrics
This filing does not provide revenue, earnings, cash flow, margins, debt, liquidity, or other operating financial metrics.
Material Changes Versus Prior Period
No changes in financial performance, capital structure, operations, or outlook versus a prior comparable period are disclosed.
Annual Meeting Results
- Election of Class I directors: Avi Zeevi received 175,961,390 votes for and 19,621,799 votes withheld. Scott Galit received 181,171,331 votes for and 14,411,858 votes withheld.
- Broker non-votes: 62,094,729 for the director elections.
- Auditor ratification: Stockholders ratified the Board’s appointment of Kesselman & Kesselman, a member firm of PricewaterhouseCoopers International Limited, as the independent registered public accounting firm for fiscal 2022. Votes were 256,513,065 for, 237,091 against, and 927,762 abstentions.
Guidance, Risks, and Unusual Items
The filing provides no management guidance, outlook, risk updates, contingencies, or unusual financial items. Its substantive disclosure is limited to annual meeting voting results and auditor ratification.
Investor Verification Items
- Verify the final certified voting results and the treatment of broker non-votes.
- Confirm the election status and terms of the Class I directors.
- Confirm the appointment and independence of Kesselman & Kesselman for fiscal 2022.
- Review Payoneer’s periodic financial filings separately for financial performance, liquidity, debt, and outlook information not included in this 8-K.