{
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  "docSlug": "062cb2b9b6a4",
  "documentTitle": "Nuvei Corp (NVEI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
  "documentKindSlug": "activist-deck",
  "documentKindLabel": "Activist deck",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2021-12-09 00:00:00",
  "orientation": "landscape",
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  "pageNumber": 114,
  "pageCount": 119,
  "prevPage": 113,
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  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 24,
  "notes": "Includes red arrow annotations highlighting the reduction in share ownership.",
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  "slideHref": "/slides/019dd923-622c-750b-8b99-265d3ab25ee2/114",
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  "components": [
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      "kind": "callout",
      "text": "Major shareholders have been selling and / or diluting their interest through multiple equity offerings in Sept 2020 (IPO), June and October 2021 and stock issued for acquisitions.",
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      "kind": "source-note",
      "text": "Source: IPO Prospectus / Nuvei June 2021 Prospectus",
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      "kind": "table",
      "text": "Sept 2020 IPO Prospectus ownership table",
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      "kind": "table",
      "text": "June 2021 Equity Issuance ownership table",
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      "kind": "title",
      "text": "Follow The Money: Insiders Are Selling",
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      "matchId": "ab7bfe6e-0f05-4c5a-857c-babb0c92b0d1",
      "evidence": "Highlighting insider selling as a red flag for investors",
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      "arcName": "Overcoming the Monster",
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      "beatName": "The conclusion and call to action",
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      "evidence": "The deck concludes with a strong call to action, reiterating the potential downside risk to Nuvei's share price.",
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      "name": "Cost Of Inaction",
      "slug": "27-cost-of-inaction",
      "bestFor": "Urgent budget requests, compliance, risk mitigation",
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      "evidence": "The deck concludes with a warning of potential downside risk to Nuvei's share price.",
      "position": 1,
      "objective": "What are the consequences of not selling Nuvei Corp shares?",
      "structure": "The Status Quo -> The Hidden Costs Accumulating -> The Future State of Inaction -> The Tipping Point",
      "confidence": 0.7,
      "description": "Quantify what happens if the audience does nothing"
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