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  "documentTitle": "Nuvei Corp (NVEI)",
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  "authorName": "Spruce Point Capital Management",
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  "presentationDate": "2021-12-09 00:00:00",
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      "text": "On May 17, 2020, the Company entered into a purchase agreement with the sole member of Smart2Pay...",
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      "text": "An agreement hadn't been reached, yet Smart2Pay was marketing itself as a Nuvei Company",
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      "text": "Nuvei says it entered into a purchase agreement to acquire Smart2Pay on May 17, 2020. Yet, according to the Wayback Machine, Smart2Pay was already marketing itself as “A Nuvei Company” in advance of the purchase agreement being signed.",
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      "text": "On May 17, 2020, the Company entered into a purchase agreement with the sole member of Smart2Pay, a payment services provider headquartered in The Netherlands, to acquire all of the sole member's ownership interest for total consideration of approximately $240,001 (€221,567). The total consideration is expected to be settled with a cash consideration of $66,689 (€61,567) and the remaining balance will be paid either by issuance of a convertible debenture of $173,312 (€160,000) or by the issuance of shares of the Company, for which a final determination has not yet been made. The closing of the transaction is subject to certain customary conditions. — Nuvei IPO Prospectus at Sedar.com",
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      "text": "Source: Wayback Machine, Smart2Pay website on May 13, 2020",
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      "text": "Source: Nuvei IPO Prospectus at Sedar.com; subsequent event p. 214",
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      "text": "Suspicious Pre-Marketing of Smart2Pay As A Nuvei Company Prior To Deal Agreement",
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