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ftac paya merger
Paya serves more than 100,000 customers through over 1,000 key distribution partners focused on targeted, high growth verticals such as healthcare, education, non-profit, government, utilities, manufacturing, and other B2B end markets. Paya’s existing majority equity holder GTCR, a leading private equity firm, will remain the Company’s largest stockholder. View source version on businesswire.com: https://www.businesswire.com/news/home/20200803005351/en/, Investor Inquiries William Maina646-277-1236Paya-IR@icrinc.com, Media Inquiries Jack Murphy646-677-1834Paya-PR@icrinc.com. This small company behind it is sparking a potential 20,300% market surge. They are. Through its proprietary card and ACH platform, Paya Connect, Paya partners with software providers to deliver vertically tailored payments solutions to business customers in attractive end markets such as B2B goods & services, healthcare, non-profit & faith-based, government & utilities, and education. ¿Por Que Se Especula? The financial world has seen more than a fair number of specialty purpose acquisition companies (SPACs) come public in 2020. One Cannabis ETF's Unique Marketing Strategy * The Week In Cannabis: Stocks Outperform S&P, Mexico Moves Forward, Earnings, And More(C) 2020 Benzinga.com. 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. Major strides have been made in the COVID-19 vaccine race, yet the near-term picture remains unclear, blurred by the virus’ resurgence and the stimulus stalemate on Capitol Hill.In times like these, the investing greats can serve as a source of inspiration, namely billionaire Israel “Izzy” Englander.Who exactly is Englander? Late Friday, stocks surged on news that a federal marijuana legalization bill will get a congressional vote next week.During the holiday week: * The ETFMG Alternative Harvest ETF (NYSE: MJ): gained 12% * The AdvisorShares Pure Cannabis ETF (NYSE: YOLO): was up 15% * The Cannabis ETF (NYSE: THCX): advanced 14.5% * The Amplify Seymour Cannabis ETF (NYSE: CNBS): rose 14% * The SPDR S&P 500 ETF Trust (NYSE: SPY) was up 1.5%.In other news, music industry mogul Jay-Z announced he is set to join a newly formed cannabis company that's expected to become the largest in California.The venture was formed via a partnership between Caliva, Left Coast Ventures, Subversive Capital Acquisition Corp. (OTCQX: SBVCF) and Roc Nation, the entertainment company Jay-Z launched in 2008.Jay-Z will take on the title of "Chief Visionary Officer." South Korea’s sovereign-wealth fund sold Alibaba, Apple, and Intel stock in the third quarter. The content is intended to be used for informational purposes only. The deal will have an implied enterprise value of … A number of factors could cause actual results or outcomes to differ materially from those indicated by such forward looking statements. As for the value of the holding, it lands at $5,503,000.Writing for Wedbush, 5-star analyst David Nierengarten points out that the pandemic has limited oncologist visits, and therefore, Tazverik (the company's follicular lymphoma treatment) sales were lower than he expected. Fintech Acquisition Corp. III (NASDAQ:FTAC) announced that it secured shareholder approval for its $1.3 billion business combination with payments processor Paya during a special meeting held earlier today.. 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, 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 they have entered into a definitive merger agreement. Global research firm just identified a stock with the potential to "crush Zoom’s gains." One SPAC which has just closed on acquisition with a successful stock debut is FinTech Acquisition Corp. III (NASDAQ: PAYA), which is now Paya Holdings Inc. Paya is an integrated payments and commerce solution provider, and the company is led by CEO Jeff Hack who will be remaining to drive its growth strategy going forward. The biggest power players on Wall Street have already seen it coming – and quietly changed their outlook for 2021. 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. I’m 60, my spouse is 45 — can I retire if our expenses are $12,000 a month? (To watch Nierengarten’s track record, click here)Most other analysts echo Nierengarten’s sentiment. In a four-day week where markets were on the rise, cannabis stocks proved to be big winners. Immediately following the closing, FinTech Acquisition Corp. III Parent Corp. will change its name to Paya Holdings Inc. I want people to get in the mindset of actively creating changing and normalizing justice being the only option," Williams told Benzinga.Australian cannabis company Cann Group Limited (ASX: CANN) (OTC: CNGGF) revealed Monday it has obtained credit approval from National Australia Bank (NAB) for its $50 million secured debt facility.TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) began serving medical marijuana patients in the Apothecarium Phillipsburg after obtaining the last needed authorization from the NJ Department of Health to distribute medical cannabis from its New Jersey dispensary.Auxly Cannabis Group Inc. (TSXV: XLY) (OTCQX: CBWTF) secured $12 million in financing. The last trade was up over 7% at $12.60 on Monday afternoon, and the FTAC quote data showed that its shares closed up over 3% at $11.37 on Friday ahead of what was billed as a $1.3 billion merger. Upon closing of the transaction, the combined company will operate as Paya and will be … (See EPZM stock analysis on TipRanks)To find good ideas for healthcare stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.Disclaimer: The opinions expressed in this article are solely those of the featured analysts. Benzinga does not provide investment advice. As evidence of his stellar track record, the guru took the $35 million the fund was started with and turned it into over $40 billion in assets under management. CHICAGO, Oct. 16, 2020 /PRNewswire/ -- GTCR, a leading private equity firm, announced today the completion of the transaction involving portfolio company Paya, a … Immediately following the closing, FinTech Acquisition Corp. III Parent Corp. will change its name to Paya Holdings Inc. Thank you for your feedback. 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. With an average price target of $23.25, the upside potential comes in at 91%. "Tesla Storms the S&P 500.
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