Nayax $94 million follow-on offering
We advised Nayax on the offering of shares
Davis Polk advised Nayax Ltd. in connection with an SEC-registered offering of 3,600,000 ordinary shares (including full exercise of the underwriters’ option to purchase additional shares), of which 1,000,000 shares were sold by certain selling shareholders. The ordinary shares are listed on the Tel Aviv Stock Exchange and the Nasdaq Global Select Market under the symbol “NYAX.”
Nayax is a global commerce enablement, payments and loyalty platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, management suite and loyalty tools, enabling merchants to conduct commerce anywhere, at any time.
The Davis Polk corporate team included partner Michael Kaplan, counsel John H. Runne and associate Christian Knoble. Counsel Tracy L. Matlock provided tax advice. Partner Frank J. Azzopardi and associate Alexis N. Wallace provided intellectual property advice. All members of the Davis Polk team are based in the New York office.