{
  "docId": "019dd923-622c-750b-8b99-265d3ab25ee2",
  "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",
  "aspectRatio": 1.3333334,
  "pageNumber": 42,
  "pageCount": 119,
  "prevPage": 41,
  "nextPage": 43,
  "slideType": "expose_contradiction",
  "function": "expose_contradiction",
  "density": "balanced",
  "nDataPoints": 0,
  "notes": "Uses a red flag icon to denote a 'red flag' or warning sign in the activist narrative.",
  "elementsJson": [
    "headline_text",
    "callout_box",
    "screenshot",
    "footnote"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-622c-750b-8b99-265d3ab25ee2/42",
  "deckHref": "/decks/019dd923-622c-750b-8b99-265d3ab25ee2",
  "deckJsonHref": "/decks/019dd923-622c-750b-8b99-265d3ab25ee2.json",
  "deckAnchorHref": "/decks/019dd923-622c-750b-8b99-265d3ab25ee2#slide-42",
  "components": [
    {
      "bbox": {
        "h": 0.13,
        "w": 0.84,
        "x": 0.08,
        "y": 0.188
      },
      "kind": "callout",
      "text": "Amy Satov, Nuvei's Senior Legal Counsel, mysteriously disappeared from Nuvei's website after March 2021 and no regulatory filing was made. She was replaced by Lindsay Matthews in May 2021 as General Counsel and Corporate Secretary. The timing of her departure in relation to the departure of Allan Lacoste appears suspicious.",
      "attrs": null,
      "subkind": "primary",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "40cec792-741f-402c-afb5-12d0a16f9d1e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "callout",
      "text": "Amy Satov, Nuvei’s Senior Legal Counsel, mysteriously disappeared from Nuvei’s website after March 2021 and no regulatory filing was made. She was replaced by Lindsay Matthews in May 2021 as General Counsel and Corporate Secretary. The timing of her departure in relation to the departure of Allan Lacoste appears suspicious.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-e6ea-711e-a3e6-c56dca83bfa5",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.48,
        "w": 0.69,
        "x": 0.155,
        "y": 0.365
      },
      "kind": "image",
      "text": "Screenshot of Nuvei IR website showing Amy Satov as Senior Legal Counsel in March 2021.",
      "attrs": null,
      "subkind": "screenshot",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "e1250f09-9991-47b3-98ea-e9875e18f8f7",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.02,
        "w": 0.77,
        "x": 0.115,
        "y": 0.925
      },
      "kind": "source-note",
      "text": "Source: Wayback Machine, Nuvei March 2021 and named in AIF dated March 17, 2021 and now Matthews on Nuvei Investor Website",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b9695525-daa6-4238-bf6a-13cb57d2db7f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.045,
        "w": 0.605,
        "x": 0.308,
        "y": 0.055
      },
      "kind": "title",
      "text": "Where Did Nuvei's Senior Legal Counsel Go?",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "101a3df5-82fc-4258-a932-d91924335d18",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [
    {
      "name": "fraud-exposure",
      "slug": null,
      "matchId": "42174c78-b06e-42d8-aeb6-97aace769e38",
      "evidence": "The slide uses a 'red flag' visual and narrative to point out a suspicious, undisclosed corporate departure.",
      "confidence": 0.9
    }
  ],
  "arcBeats": [
    {
      "to": 50,
      "from": 29,
      "beatId": "1e230b4a-4bb4-405d-9942-db79591a3392",
      "arcName": "Overcoming the Monster",
      "arcSlug": "overcoming-monster",
      "beatName": "Challenges faced by Nuvei",
      "beatSlug": null,
      "evidence": "The deck presents evidence of declining growth, suspicious revenue, and questionable acquisitions.",
      "position": 3,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}