NEW YORK & PHILADELPHIA–(BUSINESS WIRE)–FTAC Olympus Acquisition Corp. (NASDAQ: FTOC), a special purpose acquisition company, today announced that FTOC shareholders voted to approve the proposed business combination with Payoneer Inc., the commerce technology company powering payments and growth for the new global economy, at its Extraordinary General Meeting held today, June 23, 2021.
More than 97.8% of the votes cast at the meeting voted to approve the business combination. Holders of approximately 65.0% of FTOC’s issued and outstanding shares cast votes at the Extraordinary General Meeting.
As previously announced, the combined company will be named Payoneer Global Inc., and its common stock and warrants, is expected to begin trading on the Nasdaq stock market under the ticker symbol “PAYO” and “PAYOW”, respectively, subject to the close of the above transaction.
“We are thrilled with the overwhelming support from our shareholders, and also pleased that we’ve received all regulatory approvals needed to close the transaction. We look forward to supporting Payoneer as it enters the public markets,” said Betsy Cohen, Chairman of the Board of Directors of FTAC Olympus Acquisition Corp.
A Form 8-K disclosing the full voting results will be filed by FTAC Olympus Acquisition Corp. with the Securities and Exchange Commission.
About Payoneer
Payoneer is the world’s go-to partner for digital commerce, everywhere. From borderless payments to boundless growth, Payoneer promises any business, in any market, the technology, connections and confidence to participate and flourish in the new global economy.
Since 2005, Payoneer has been imagining and engineering a truly global ecosystem so the entire world can realize its potential. Powering growth for customers ranging from aspiring entrepreneurs in emerging markets to the world’s leading digital brands like Airbnb, Amazon, Google, Upwork, and Walmart, Payoneer offers a universe of opportunities, open to you.
About FTAC Olympus Acquisition Corp.
FTAC Olympus Acquisition Corp. is a blank-check company led by Betsy Z. Cohen as Chairman of the Board and Ryan M. Gilbert as President and Chief Executive Officer formed for the purpose of acquiring or merging with one or more technology and financial services technology companies.
