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)
新聞稿:帕亞和金融科技三世宣佈提交與擬議交易有關的最終委託書
帕亞和金融科技三世宣佈提交與擬議交易相關的最終委託書
2020年10月15日召開股東特別會議,就擬議的交易進行投票
亞特蘭大--(美國商業通訊社)--2020年9月23日--
領先的支付與商務綜合解決方案提供商帕亞公司和特殊目的收購公司金融科技收購公司三期(以下簡稱“金融科技三期”)今天宣佈,金融科技收購公司三期母公司已經向美國證券交易委員會(“證券交易委員會”)提交了一份S-4表格,其中包括金融科技三世關於金融科技三期和帕亞之間擬議交易的最終委託書/招股説明書。金融科技三世將於2020年9月25日左右開始向登記在冊的金融科技三世股東郵寄最終委託書材料。可以通過在美國證券交易委員會的網站https://www.sec.gov/edgar.shtml上搜索金融科技收購公司III母公司或直接在https://www.sec.gov/cgi-bin/browse-edgar?CIK=1819881&owner=exclude.上搜索來獲取這份文件。
金融科技三世已安排在美國東部時間2020年10月15日上午10點召開股東特別會議(“特別會議”),就擬議中的與PAYA的交易及相關事項進行投票。特別會議將完全虛擬,並通過網絡直播進行。截至2020年9月4日登記在冊的股東將有權在特別會議上投票。
正如此前於2020年8月3日宣佈的那樣,交易完成後,合併後的公司(“本公司”)將以PYA的名稱運營,並將以新代碼“PAYA”在納斯達克資本市場(NASDAQ Capital Market)上市。由首席執行官傑夫·哈克領導的帕亞管理團隊將繼續執行公司的增長戰略。帕亞公司現有的多數股權持有者GTCR是一家領先的私募股權公司,它仍將是公司最大的股東。這筆交易預計將在2020年第四季度完成,等待金融科技三世股東和監管部門的批准。
關於帕亞
Paya是一家領先的綜合支付和無摩擦商務解決方案提供商,幫助客户接受和支付款項,加快收款速度,提高運營效率。該公司每年處理超過300億美元的信用卡/借記卡、ACH和支票支付,使其成為美國前20大支付處理提供商,在電子商務中排名第六。Paya通過2000多個主要分銷合作伙伴為10萬多個客户提供服務,這些合作伙伴專注於目標明確、高增長的垂直市場,如醫療保健、教育、非營利組織、政府、公用事業和其他B2B產品和服務。該業務的基礎是提供與前端CRM和後端會計系統的強大集成,以增強客户體驗和工作流程。Paya總部設在佐治亞州亞特蘭大,在弗吉尼亞州萊斯頓、佛羅里達州沃爾頓堡海灘、俄亥俄州代頓市和芒特市設有辦事處。俄亥俄州弗農
關於金融科技收購第三公司
金融科技收購三公司是為與一項或多項業務進行合併、資本換股、資產收購、購股、重組或類似業務合併而成立的以金融科技行業為重點的特殊目的收購公司。該公司在2018年11月的首次公開募股(IPO)中籌集了3.45億美元,並在納斯達克資本市場(NASDAQ Capital Market)上市,代碼為“FTAC”。
關於GTCR
GTCR成立於1980年,是一家領先的私募股權公司,專注於投資金融服務和技術、醫療保健、技術、媒體和電信以及成長型商業服務行業的成長型公司。這家總部位於芝加哥的公司開創了Leaders Strategy(TM)--尋找核心領域的管理領導者並與之合作,通過變革性收購和有機增長來識別、收購和打造市場領先的公司。自成立以來,GTCR已向200多家公司投資了超過180億美元。
前瞻性陳述
本文件包括“1995年美國私人證券訴訟改革法”中“安全港”條款所指的“前瞻性陳述”。前瞻性陳述可以通過使用諸如“預測”、“打算”、“尋求”、“目標”、“預期”、“相信”、“預期”、“估計”、“計劃”、“展望”和“項目”以及其他預測或指示未來事件或趨勢或不是歷史事件陳述的類似表達來識別。此類前瞻性陳述包括估計的財務信息。關於金融科技收購第三公司、帕亞公司或合併後公司在業務合併完成後的收入、收益、業績、戰略、前景和其他方面的前瞻性陳述是基於當前的預期,這些預期受到風險和不確定因素的影響。許多因素可能導致實際結果或結果與這些前瞻性陳述所表明的結果大不相同。這些因素包括但不限於:(1)發生任何可能導致交易協議終止的事件、變更或其他情況,以及由此而擬進行的業務合併;(2)由於未能獲得金融科技收購第三公司股東的批准或交易協議中的其他條件而無法完成交易協議中擬進行的交易;(3)交易協議中擬進行的交易完成後能否達到納斯達克上市標準;(4)擬進行的交易可能會擾亂帕亞公司目前的計劃和運營;(3)在交易協議中擬進行的交易完成後,能否達到納斯達克的上市標準;(4)擬進行的交易可能會擾亂帕亞公司目前的計劃和運營。, (6)與擬議業務合併有關的成本;(7)適用法律或法規的變化;(8)Paya,Inc.可能受到其他經濟、商業和/或競爭因素不利影響的可能性;(5)可能受競爭等因素影響的擬議業務合併的預期效益,其中包括合併後公司實現盈利增長和管理增長、維持與客户和供應商的關係以及留住管理層和關鍵員工的能力;(6)與擬議業務合併相關的成本;(7)適用法律或法規的變化;(8)Paya,Inc.可能受到其他經濟、商業和/或競爭因素不利影響的可能性;(9)金融科技收購公司向美國證券交易委員會提交或將提交給證券交易委員會的其他文件中不時顯示的其他風險和不確定因素。告誡您不要過度依賴任何前瞻性陳述,這些陳述僅反映了截止日期的情況。除法律另有要求外,金融科技收購第三公司和帕亞公司不承諾因新信息、未來事件或其他原因而更新或修改前瞻性陳述。
附加信息
關於帕亞公司與金融科技收購公司三期擬進行的業務合併,金融科技收購公司三期已向美國證券交易委員會提交了最終委託書/招股説明書,並將把最終委託書/招股説明書及其他相關文件郵寄給金融科技收購公司三期股東。本文檔並不包含關於提議的業務合併應考慮的所有信息。它並不打算成為任何投資決定或任何其他關於擬議業務合併的決定的基礎。建議金融科技收購公司三號股東和其他感興趣的人士閲讀與金融科技收購公司三號公司為批准擬議中的企業合併而召開的特別會議的委託書/招股説明書相關的最終委託書/招股説明書,因為這些材料包含有關帕亞公司、金融科技收購公司三號公司和擬議交易的重要信息。最終委託書/招股説明書將於2020年9月4日郵寄給金融科技收購公司III的股東。股東可以在證券交易委員會的網站上免費獲得最終委託書/招股説明書的副本,或通過以下方式獲得:詹姆斯·J·麥肯蒂,三世,總裁兼首席財務官,金融科技收購公司,三號,地址:2929Arch Street,Suite1703,Philadelphia,Pennsylvania 19104。
本文件不應構成對任何證券或擬議的企業合併的委託書、同意或授權的徵集。
參與徵集活動的人士
金融科技收購三公司及其董事和高級管理人員可被視為與擬合併的業務有關的金融科技收購三公司股東委託書徵集的參與者。金融科技收購公司三期股東及其他利害關係人可免費獲取金融科技收購公司三期截至2019年12月31日會計年度10-K表年報中有關金融科技收購公司三期董事及高級管理人員的詳細信息。
根據證券交易委員會規則,哪些人可能被視為與擬議交易有關的向金融科技收購公司III股東征集委託書的參與者的信息載於交易的委託書/招股説明書中。金融科技收購第三公司提交給證券交易委員會的委託書/招股説明書中包含了與擬議交易相關的委託書徵集參與者利益的更多信息。
沒有要約或邀約
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2020年9月23日美國東部時間16:13(格林尼治標準時間20:13)