Press Release: Paya and FinTech III Announce Filing of Definitive Proxy Statement in Connection with Proposed Transaction
Paya and FinTech III Announce Filing of Definitive Proxy Statement in Connection with Proposed Transaction
Special Meeting of Stockholders on October 15, 2020 to Vote on Proposed Transaction
ATLANTA--(BUSINESS WIRE)--September 23, 2020--
Paya, a leading integrated payments and commerce solution provider, and FinTech Acquisition Corp. III (NASDAQ: FTAC) ("FinTech III"), a special purpose acquisition company, announced today that FinTech Acquisition Corp. III Parent Corp. has filed a Form S-4 with the U.S. Securities and Exchange Commission ("SEC"), which includes FinTech III's definitive proxy statement / prospectus in connection with the proposed transaction between FinTech III and Paya. FinTech III will commence mailing the definitive proxy materials to FinTech III stockholders of record on or about September 25, 2020. The filing can be accessed by searching for FinTech Acquisition Corp. III Parent Corp. on the SEC's website at https://www.sec.gov/edgar.shtml or directly at https://www.sec.gov/cgi-bin/browse-edgar?CIK=1819881&owner=exclude.
FinTech III has scheduled a special meeting of its stockholders (the "Special Meeting") to vote on the proposed transaction with Paya and related matters for October 15, 2020 at 10:00 am ET. The Special Meeting will be completely virtual and conducted via live webcast. Shareholders of record as of September 4, 2020, will be entitled to vote at the special meeting.
As previously announced on August 3, 2020, upon completion of the transaction the combined company (the "Company") will operate as Paya and will be listed on the NASDAQ Capital Market under the new symbol "PAYA". Paya's management team, led by CEO Jeff Hack, will continue to execute the growth strategy of the Company. Paya's existing majority equity holder GTCR, a leading private equity firm, will remain the Company's largest stockholder. The transaction is expected to close in the fourth quarter of 2020, pending FinTech III stockholder and regulatory approval.
About Paya
Paya is a leading provider of integrated payment and frictionless commerce solutions that help customers accept and make payments, expedite receipt of money, and increase operating efficiencies. The company processes over $30 billion of annual payment volume across credit/debit card, ACH, and check, making it a top 20 provider of payment processing in the US and #6 overall in e-Commerce. Paya serves more than 100,000 customers through over 2,000 key distribution partners focused on targeted, high growth verticals such as healthcare, education, non-profit, government, utilities, and other B2B goods and services. The business has built its foundation on offering robust integrations into front-end CRM and back-end accounting systems to enhance customer experience and workflow. Paya is headquartered in Atlanta, GA, with offices in Reston, VA, Fort Walton Beach, FL, Dayton, OH, and Mt. Vernon, OH.
About FinTech Acquisition Corp III
FinTech Acquisition Corp. III is a special purpose acquisition company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, with a focus on the financial technology industry. The company raised $345,000,000 in its initial public offering in November 2018 and is listed on the NASDAQ Capital Market under the symbol "FTAC".
About GTCR
Founded in 1980, GTCR is a leading private equity firm focused on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications, and Growth Business Services industries. The Chicago-based firm pioneered The Leaders Strategy(TM) -- finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through transformational acquisitions and organic growth. Since its inception, GTCR has invested more than $18 billion in over 200 companies.
Forward Looking Statements
This document includes "forward looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "forecast," "intend," "seek," "target," "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward looking statements include estimated financial information. Such forward looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of FinTech Acquisition Corp. III, Paya, Inc. or the combined company after completion of the Business Combination are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. These factors include, but are not limited to: (1) the occurrence of any event, change or other circumstances that could give rise to the termination of the Transaction Agreement and the proposed business combination contemplated thereby; (2) the inability to complete the transactions contemplated by the Transaction Agreement due to the failure to obtain approval of the stockholders of FinTech Acquisition Corp. III or other conditions to closing in the Transaction Agreement; (3) the ability to meet NASDAQ's listing standards following the consummation of the transactions contemplated by the Transaction Agreement; (4) the risk that the proposed transaction disrupts current plans and operations of Paya, Inc. as a result of the announcement and consummation of the transactions described therein; (5) the ability to recognize the anticipated benefits of the proposed Business Combination, which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; (6) costs related to the proposed Business Combination; (7) changes in applicable laws or regulations; (8) the possibility that Paya, Inc. may be adversely affected by other economic, business, and/or competitive factors; and (9) other risks and uncertainties indicated from time to time in other documents filed or to be filed with the SEC by FinTech Acquisition Corp. III. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. FinTech Acquisition Corp. III and Paya, Inc. undertake no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by law.
Additional Information
In connection with the proposed Business Combination between Paya, Inc. and FinTech Acquisition Corp. III, FinTech Acquisition Corp. III has filed with the SEC a definitive proxy statement / prospectus and will mail the definitive proxy statement / prospectus and other relevant documentation to FinTech Acquisition Corp. III stockholders. This document does not contain all the information that should be considered concerning the proposed Business Combination. It is not intended to form the basis of any investment decision or any other decision in respect to the proposed Business Combination. FinTech Acquisition Corp. III stockholders and other interested persons are advised to read the definitive proxy statement / prospectus in connection with FinTech Acquisition Corp. III's solicitation of proxies for the special meeting to be held to approve the transactions contemplated by the proposed Business Combination because these materials contain important information about Paya, Inc., FinTech Acquisition Corp. III and the proposed transactions. The definitive proxy statement / prospectus will be mailed to FinTech Acquisition Corp. III stockholders as of September 4, 2020. Stockholders are able to obtain a copy of the definitive proxy statement / prospectus, without charge, at the SEC's website at http://sec.gov or by directing a request to: James J. McEntee, III, President and Chief Financial Officer, FinTech Acquisition Corp. III, 2929 Arch Street, Suite 1703, Philadelphia, Pennsylvania 19104.
This document shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Business Combination.
Participants in the Solicitation
FinTech Acquisition Corp. III and its directors and officers may be deemed participants in the solicitation of proxies of FinTech Acquisition Corp. III stockholders in connection with the proposed business combination. FinTech Acquisition Corp. III stockholders and other interested persons may obtain, without charge, more detailed information regarding the directors and officers of FinTech Acquisition Corp. III in FinTech Acquisition Corp. III's Annual Report on Form 10-K for the fiscal year ended December 31, 2019.
Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies to FinTech Acquisition Corp. III stockholders in connection with the proposed transaction are set forth in the proxy statement / prospectus for the transaction. Additional information regarding the interests of participants in the solicitation of proxies in connection with the proposed transaction are included in the proxy statement / prospectus that FinTech Acquisition Corp. III has filed with the SEC.
No Offer or Solicitation
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September 23, 2020 16:13 ET (20:13 GMT)
新闻稿:帕亚和金融科技三世宣布提交与拟议交易有关的最终委托书
帕亚和金融科技三世宣布提交与拟议交易相关的最终委托书
2020年10月15日召开股东特别会议,就拟议的交易进行投票
亚特兰大--(美国商业通讯社)--2020年9月23日--
领先的支付与商务综合解决方案提供商帕亚公司和特殊目的收购公司金融科技收购公司三期(以下简称“金融科技三期”)今天宣布,金融科技收购公司三期母公司已经向美国证券交易委员会(“证券交易委员会”)提交了一份S-4表格,其中包括金融科技三世关于金融科技三期和帕亚之间拟议交易的最终委托书/招股说明书。金融科技三世将于2020年9月25日左右开始向登记在册的金融科技三世股东邮寄最终委托书材料。可以通过在美国证券交易委员会的网站https://www.sec.gov/edgar.shtml上搜索金融科技收购公司III母公司或直接在https://www.sec.gov/cgi-bin/browse-edgar?CIK=1819881&owner=exclude.上搜索来获取这份文件。
金融科技三世已安排在美国东部时间2020年10月15日上午10点召开股东特别会议(“特别会议”),就拟议中的与PAYA的交易及相关事项进行投票。特别会议将完全虚拟,并通过网络直播进行。截至2020年9月4日登记在册的股东将有权在特别会议上投票。
正如此前于2020年8月3日宣布的那样,交易完成后,合并后的公司(“本公司”)将以PYA的名称运营,并将以新代码“PAYA”在纳斯达克资本市场(NASDAQ Capital Market)上市。由首席执行官杰夫·哈克领导的帕亚管理团队将继续执行公司的增长战略。帕亚公司现有的多数股权持有者GTCR是一家领先的私募股权公司,它仍将是公司最大的股东。这笔交易预计将在2020年第四季度完成,等待金融科技三世股东和监管部门的批准。
关于帕亚
Paya是一家领先的综合支付和无摩擦商务解决方案提供商,帮助客户接受和支付款项,加快收款速度,提高运营效率。该公司每年处理超过300亿美元的信用卡/借记卡、ACH和支票支付,使其成为美国前20大支付处理提供商,在电子商务中排名第六。Paya通过2000多个主要分销合作伙伴为10万多个客户提供服务,这些合作伙伴专注于目标明确、高增长的垂直市场,如医疗保健、教育、非营利组织、政府、公用事业和其他B2B产品和服务。该业务的基础是提供与前端CRM和后端会计系统的强大集成,以增强客户体验和工作流程。Paya总部设在佐治亚州亚特兰大,在弗吉尼亚州莱斯顿、佛罗里达州沃尔顿堡海滩、俄亥俄州代顿市和芒特市设有办事处。俄亥俄州弗农
关于金融科技收购第三公司
金融科技收购三公司是为与一项或多项业务进行合并、资本换股、资产收购、购股、重组或类似业务合并而成立的以金融科技行业为重点的特殊目的收购公司。该公司在2018年11月的首次公开募股(IPO)中筹集了3.45亿美元,并在纳斯达克资本市场(NASDAQ Capital Market)上市,代码为“FTAC”。
关于GTCR
GTCR成立于1980年,是一家领先的私募股权公司,专注于投资金融服务和技术、医疗保健、技术、媒体和电信以及成长型商业服务行业的成长型公司。这家总部位于芝加哥的公司开创了Leaders Strategy(TM)--寻找核心领域的管理领导者并与之合作,通过变革性收购和有机增长来识别、收购和打造市场领先的公司。自成立以来,GTCR已向200多家公司投资了超过180亿美元。
前瞻性陈述
本文件包括“1995年美国私人证券诉讼改革法”中“安全港”条款所指的“前瞻性陈述”。前瞻性陈述可以通过使用诸如“预测”、“打算”、“寻求”、“目标”、“预期”、“相信”、“预期”、“估计”、“计划”、“展望”和“项目”以及其他预测或指示未来事件或趋势或不是历史事件陈述的类似表达来识别。此类前瞻性陈述包括估计的财务信息。关于金融科技收购第三公司、帕亚公司或合并后公司在业务合并完成后的收入、收益、业绩、战略、前景和其他方面的前瞻性陈述是基于当前的预期,这些预期受到风险和不确定因素的影响。许多因素可能导致实际结果或结果与这些前瞻性陈述所表明的结果大不相同。这些因素包括但不限于:(1)发生任何可能导致交易协议终止的事件、变更或其他情况,以及由此而拟进行的业务合并;(2)由于未能获得金融科技收购第三公司股东的批准或交易协议中的其他条件而无法完成交易协议中拟进行的交易;(3)交易协议中拟进行的交易完成后能否达到纳斯达克上市标准;(4)拟进行的交易可能会扰乱帕亚公司目前的计划和运营;(3)在交易协议中拟进行的交易完成后,能否达到纳斯达克的上市标准;(4)拟进行的交易可能会扰乱帕亚公司目前的计划和运营。, (6)与拟议业务合并有关的成本;(7)适用法律或法规的变化;(8)Paya,Inc.可能受到其他经济、商业和/或竞争因素不利影响的可能性;(5)可能受竞争等因素影响的拟议业务合并的预期效益,其中包括合并后公司实现盈利增长和管理增长、维持与客户和供应商的关系以及留住管理层和关键员工的能力;(6)与拟议业务合并相关的成本;(7)适用法律或法规的变化;(8)Paya,Inc.可能受到其他经济、商业和/或竞争因素不利影响的可能性;(9)金融科技收购公司向美国证券交易委员会提交或将提交给证券交易委员会的其他文件中不时显示的其他风险和不确定因素。告诫您不要过度依赖任何前瞻性陈述,这些陈述仅反映了截止日期的情况。除法律另有要求外,金融科技收购第三公司和帕亚公司不承诺因新信息、未来事件或其他原因而更新或修改前瞻性陈述。
附加信息
关于帕亚公司与金融科技收购公司三期拟进行的业务合并,金融科技收购公司三期已向美国证券交易委员会提交了最终委托书/招股说明书,并将把最终委托书/招股说明书及其他相关文件邮寄给金融科技收购公司三期股东。本文档并不包含关于提议的业务合并应考虑的所有信息。它并不打算成为任何投资决定或任何其他关于拟议业务合并的决定的基础。建议金融科技收购公司三号股东和其他感兴趣的人士阅读与金融科技收购公司三号公司为批准拟议中的企业合并而召开的特别会议的委托书/招股说明书相关的最终委托书/招股说明书,因为这些材料包含有关帕亚公司、金融科技收购公司三号公司和拟议交易的重要信息。最终委托书/招股说明书将于2020年9月4日邮寄给金融科技收购公司III的股东。股东可以在证券交易委员会的网站上免费获得最终委托书/招股说明书的副本,或通过以下方式获得:詹姆斯·J·麦肯蒂,三世,总裁兼首席财务官,金融科技收购公司,三号,地址:2929Arch Street,Suite1703,Philadelphia,Pennsylvania 19104。
本文件不应构成对任何证券或拟议的企业合并的委托书、同意或授权的征集。
参与征集活动的人士
金融科技收购三公司及其董事和高级管理人员可被视为与拟合并的业务有关的金融科技收购三公司股东委托书征集的参与者。金融科技收购公司三期股东及其他利害关系人可免费获取金融科技收购公司三期截至2019年12月31日会计年度10-K表年报中有关金融科技收购公司三期董事及高级管理人员的详细信息。
根据证券交易委员会规则,哪些人可能被视为与拟议交易有关的向金融科技收购公司III股东征集委托书的参与者的信息载于交易的委托书/招股说明书中。金融科技收购第三公司提交给证券交易委员会的委托书/招股说明书中包含了与拟议交易相关的委托书征集参与者利益的更多信息。
没有要约或邀约
(更多后续报道)道琼斯通讯社
2020年9月23日美国东部时间16:13(格林尼治标准时间20:13)